Industry Investment Program

Receive funding for the development of new geospatial solutions with application to resource sectors & emerging markets. If you are an Alberta start up, small or medium sized company working on innovative geospatial technology, you may qualify for a 0% interest loan repayable only after the project generates revenue.

TECTERRA’s non-dilutive investment is equivalent to 50% of the total project cost. Funding support ranges from $150,000 to $500,000 per project (based on a 50/50 match).

A qualifying Project Leader is:

  • A for-profit company
  • Incorporated and operating in Alberta
  • Minimum of one and no more than 500 full-time employees
  • Annual sales revenue ordinarily not exceeding $50 million

Duration of projects

  • Projects should last between 12 to 24 months including product development completion and start of commercialization

Funding Ratio

  • TECTERRA will invest up to 50% of eligible total project costs

Funding Amounts

  • TECTERRA matching contribution: $150,000 to $500,000 per project

Key priorities for this program include: 

  • SMEs with a focus on Environmental Management, Monitoring and Protection
  • SMEs collaborating with Alberta universities to move applied research to commercialization
  • SMEs utilizing the Government of Alberta open data portal for unique and value-adding business opportunities
  • SMEs making use of the GeoDiscover Alberta portal and data catalogue

Areas of focus include:

  • Resource sectors including
    • Agriculture
    • Environment
    • Forestry
    • Energy
    • Mining
  • Emerging Markets including
    • Clean tech
    • Unmanned systems
    • Internet of things (IoT)

For more information or have any questions, please contact Richard Gorecki: rgorecki@tecterra.com