Voucher Program

For Alberta-based technology companies working to move a promising idea closer to market, access to the right expertise can be just as important as capital. The Voucher Program from Alberta Innovates is designed to help innovative small and medium-sized businesses accelerate product commercialization by offsetting the cost of specialized third-party services. With non-repayable funding of up to around $100,000, the program supports companies that have identified a clear product-market opportunity and need external support to advance development.

Rather than funding internal operations, the Voucher Program focuses on covering costs associated with contracted service providers. This can include technical development, product validation, market readiness, or other business and technology activities that help reduce risk and speed up commercialization. The program is well aligned with Alberta’s innovation-driven sectors such as information technology, clean technology, life sciences, advanced manufacturing, energy, and data-driven industries. Projects are assessed for their strategic fit and potential impact, making it especially relevant for companies with novel technologies and a defined growth plan.

Applications are accepted on an ongoing basis, allowing businesses to apply when they are ready rather than waiting for a fixed intake window. For Alberta tech companies exploring how external expertise could help bring their product to market faster, learning more about the Voucher Program’s scope and requirements is a logical next step.