GEO-Placement Program

Hire highly qualified personnel with a non-repayable grant of 50% of the position’s salary. If you are an Alberta start up or small company needing to hire highly-qualified technical or business personnel, you may qualify for a non-repayable grant equivalent to 50% of the position salary for the first year of employment, up to $50,000.

A qualifying Project Leader is:

  • A for-profit company
  • Incorporated and operating in Alberta
  • Minimum of one and no more than 100 full-time employees
  • Annual sales revenue ordinarily not exceeding $15 million
  • Primary business of the company must be the development and commercialization of geomatics technology

Duration of projects

  • Funding for a hire will have the duration of 12 months; however, this hire must be hired with the intention of serving a long-term business need (ie. an indefinite term).

Funding Ratio

  • TECTERRA will invest up to 50% of the first year’s salary

Funding Amounts

  • TECTERRA matching contribution: $50,000 maximum.

Key priorities for this program include:

  • The hire must be ‘net-new’; meaning that the position identified must be additional to the current and recent activity of the company, and is not a replacement for a recently (within 3 months) departed employee, contractor or consultant.
  • The hire must serve a long-term business need beyond the period funded by TECTERRA
  • The hire must be associated with, and add significant value to the ongoing development and commercialization.
  • The hire must be a Canadian citizen or permanent resident of Canada
  • The salary must align with recognized industry standards