Product Demonstration Program
Accelerating innovations to commercialization
Expression of interest application deadline – 5 PM MST Jan 15, 2021
This program is designed to de-risk the commercialization process by providing funds and coaching to qualified high potential, high growth, technology Alberta small- and medium-sized enterprises (SMEs) to enter into a partnership with a potential client to conduct a pilot demonstration to trial and prove the technical and business merits of their product.
Qualified SMEs may be eligible for up to $150,000 in funding over a maximum one-year term.
The objective is to support SMEs to commercialize their products and achieve optimal market position to increase revenue and potentially expand into global markets.
This program is a good fit for SMEs that:
have products that are near commercialization (product is ready for demonstration and testing in an operational environment);
can secure a strategic partner before applying to the second stage of the program due diligence;
can complete the demonstration pilot within one year; andcan reasonably expect sales results or a distribution agreement if the pilot is successful.