Micro-Voucher Program

Micro vouchers provide funding for high potential, high growth, technology or knowledge-based Alberta small- and medium-sized enterprises (SMEs) to advance their new or improved product, process or service towards commercialization. Micro vouchers cover up to 75% of the costs of the approved project activities to a maximum of $10,000. SMEs must provide at least 25% of the total project costs.

The Micro Voucher Program encourages high potential, high growth SMEs with novel, promising technologies, strong management and a clear path to commercialization. Funding is available for projects that lead to the commercialization of a new or improved product, process or service.

Typical applicants are in the earlier stages of their product development. Most clients enter our programs by starting with a micro voucher, and advance to our larger voucher programs as they progress. Eligible applicants can apply for up to $10,000, paid directly to the service provider, to cover eligible expenses charged by the service provider for activities including:

New product research and development; Design, engineering and prototype development; Product testing and refinement; Patent development; (excluding patent maintenance fees) Advanced market assessment or segmentation analysis; Advanced business and/or marketing strategies; and/or Other technology development activities that will be considered on a case-by-case basis.

Please visit our website for more information.

Original page: web.archive.org — /offering/micro-voucher-program/

This is a historical document reproduced verbatim from the original Connectica directory. The program may no longer exist, and the details above were accurate only as of the snapshot date. See the current directory for live programs.