The program offers financial aid for geomatics undergraduates, helps geomatics graduates commercialize technologies within the university, attracts aspiring geomatics enthusiasts, offers co-op and internship opportunities for job placement, and invests in advanced technology to enhance geomatics education. Its main goals are:

• Development of Highly Qualified Individuals: Nurture the next generation of geomatics and geospatial experts by providing funding for academic programs and initiatives that empower students to excel in this dynamic field.
• Advance Innovation and Commercialization: Stimulating innovation and entrepreneurship in the geomatics industry by assisting graduates in commercializing groundbreaking technologies and fostering a thriving ecosystem for geospatial innovation.
• Connect the Industry with Emerging Talent: Bridge the gap between academic excellence and industry needs by creating co-op and internship programs that enable geomatics students to seamlessly transition into full-time employment.
• Elevating Academic Excellence: Empower universities to procure cutting-edge technology hardware and software for their laboratories, ensuring they can deliver education at the forefront of modern standards.

Since TECTERRA’s inception in 2009, the non-profit organization has directly supported hundreds of startups and SMEs through various funding programs like the HIRE and BUILD Programs. The successful outcomes of these emerging technology companies have a substantial positive impact on Canada’s traditional economic sectors while providing important diversification for the economy.