Industry Commercialization Associate Program (ICAP)

Applicant Eligibility:
‍

• Must be a legal corporate entity with current filings.
• Incorporated in Alberta or registered extra-provincially in Alberta.
• Structured as a General, Limited, or LLP and registered in Alberta.
• Meet SME criteria (under 500 FTEs and <$50M in revenue).
• Must have a significant presence and intent to operate primarily in Alberta.
• Limit of two active Alberta Innovates-funded associates per company.

Associate Eligibility:

• No conflict of interest with the applicant; must be at arm’s length.
• Cannot own more than 15% equity in the company.
• Cannot be a returning associate or have been employed by the applicant in the last 12 months.
• Must submit a letter of intent to participate and live in Alberta during the project.

‍

Eligible Projects:

• Should align with program goals and fall within TRL 3–9.
• Must be completed within one year.
• Subject to additional criteria as defined by Alberta Innovates.

Second-Year Funding Eligibility:

• The associate must continue to reside in Alberta.
• Progress report confirms meaningful contributions.
• Project continuation must be approved by the applicant’s TDA.

‍