Small businesses form the foundation of Alberta’s economy, but accessing growth capital can often be a major challenge. Whether you’re a start-up looking to scale, a family business modernizing operations, or an established company entering new markets, grants and funding programs can make all the difference.
At ME Consulting Inc., we believe in connecting business owners with every available advantage. Here’s a breakdown of the top 3 grants and funding opportunities available to Alberta entrepreneurs right now — and how to make them work for you.
1. Canada Digital Adoption Program (CDAP)
What it is:
The Canada Digital Adoption Program (CDAP) is a national grant designed to help small and medium-sized businesses adopt new digital technologies. It has two streams to support businesses at different stages:
- Boost Your Business Technology Grant:
Offers up to $15,000 to help cover the cost of developing a digital adoption plan, plus access to a 0% interest loan (up to $100,000) through BDC. - Grow Your Business Online Grant:
Provides up to $2,400 to help businesses build or improve their e-commerce presence.
Who qualifies:
- Incorporated for-profit businesses.
- At least 1 employee (or $30,000 in annual revenues minimum for the Grow Your Business Online Grant).
- Annual revenues of $500,000 to $100 million for the Boost Your Business stream.
How it helps:
Funding can be used for hiring digital advisors, upgrading cybersecurity, enhancing digital marketing, improving CRM systems, and more.
Pro Tip:
Prepare a basic digital improvement plan before applying — it will speed up approval.
2. Alberta Innovates – Micro Voucher Program
What it is:
This provincial funding program supports early-stage businesses working on innovative, technology-driven projects. If you’re developing a new product, testing a prototype, or refining an idea, this grant is a great fit.
- Funding amount: Up to $10,000 per project.
- Eligible activities: Product development, proof-of-concept testing, intellectual property assessments, market validation.
Who qualifies:
- Alberta-based for-profit SMEs.
- Companies with innovative technologies across industries like agriculture, energy, health, and more.
- Start-ups or existing businesses expanding into new technologies.
How it helps:
This grant covers the cost of third-party services such as engineering firms, IP lawyers, or marketing researchers to help move your idea forward.
Pro Tip:
Focus your application on market potential and technical feasibility — not just the idea itself.
3. Alberta Export Expansion Program (AEEP)
What it is:
The Alberta Export Expansion Program (AEEP) offers financial assistance to Alberta small businesses aiming to expand into new international markets.
- Funding amount: Up to $25,000 per applicant.
- Covers: 50% of eligible expenses such as trade show fees, international travel, translation services, export marketing materials, or consulting costs.
Who qualifies:
- Alberta-registered businesses.
- Actively pursuing export opportunities outside of Canada.
- Must have annual revenues between $50,000 and $25 million.
How it helps:
Entering a new market can be expensive — this grant helps offset key costs that typically create barriers to global growth.
Pro Tip:
Have a clear, well-documented export strategy ready before applying.
Accessing grants and funding is one of the smartest ways to fuel growth without taking on debt. If you’re thinking about applying to any of these programs, having accurate financial statements, a strong business plan, and a clear project purpose can dramatically boost your chances of success.
Need help getting application-ready?
At ME Consulting Inc., we specialize in helping businesses like yours organize their financials, refine their growth strategies, and secure the funding they deserve.
Reach out today to schedule a consultation and let’s get your business funded for success!
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