For organizations working to unlock more value from Alberta’s oil sands while reducing environmental impact, the Bitumen Advanced Materials (BAM) program offers a compelling opportunity to move innovative ideas toward commercialization. Rather than focusing on fuels, BAM supports technologies that transform bitumen into high-value, non-combustion products such as carbon fibre, advanced asphalt binders, activated carbon, and next-generation carbon materials. These innovations play a growing role in clean technology and advanced manufacturing, with the potential to strengthen Alberta’s economy while contributing to long-term net-zero goals.
Delivered by Alberta Innovates, the program is designed for projects that are beyond the early concept stage but not yet fully commercial, making it well suited to startups, established manufacturers, research organizations, and industry collaborators advancing practical solutions. Funding is non-repayable and tailored to the scope and maturity of each project, helping offset development costs tied to pilot testing, scale-up, and technical validation. While applicants do not need to be based in Alberta, projects must clearly demonstrate economic, environmental, or strategic benefits for the province.
With applications accepted on an ongoing basis and occasional targeted calls focused on priority materials, BAM remains accessible year-round for businesses and innovators with aligned projects. For those exploring how advanced materials fit into their growth or sustainability strategy, learning more about BAM’s priorities and review process can help determine whether this program is the right next step.
Was this guide helpful?
Rate it so we can improve our content.
Canada Proactive Disclosure Data
The Canadian government has funded over 400,000 businesses through 1.27 million grants and contributions. Check your eligibility in 60 seconds.