Micro-Voucher Program

Micro vouchers provide funding for high potential, high growth, technology or knowledge-based Alberta small- and medium-sized enterprises (SMEs) to accelerate their new product technology development.

The Micro Voucher Program encourages high potential, high growth SMEs with novel, promising technologies, strong management and a reasonably identified product/market fit to accelerate new product commercialization. The purpose is quick access to funds to de-risk technological solutions, and support emerging technologies.

Typical applicants are in the earlier stages of their product development. Most clients enter our programs by starting with a micro voucher.

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 the purpose of one or more of the following activities:

  • 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.

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