TECTERRA is the leader in enabling the commercialization of innovative technology solutions that create economic value and prosperity. We stimulate job creation, company growth, and economic diversification through well-placed investments toward the development and commercialization of innovative geospatial technologies. Through our funding programs, we help Canadian geospatial technology companies achieve commercial success faster than they could on their own without giving up control, intellectual property or equity.
OUR FUNDING PROGRAMS
PROGRAMS ARE CURRENTLY CLOSED
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If you are an Alberta start up, small or medium sized company working on innovative geospatial technology products, you may qualify for a non-dilutive, 0% interest loan, repayable only after your product generates revenue.
The BUILD Program provides matching funding for projects with budgets between $300,000 and $1,000,000. TECTERRA can provide funding of up to 50% of your eligible development and commercialization costs, to a maximum of $500,000 per project.
This Program is Permanently Closed
The number one goal for most companies is growth. Sales growth, team growth, product growth – everyone is seeking some form of gain. TECTERRA’s HIRE Program helps funds the first year of a new employee to support the development and commercialization of geomatics technology. It is designed to create economic value for small Alberta companies by facilitating the first year of employment while de-risking the onboarding process.
If you are a geospatial company with fewer than 100 employees needing to hire a full-time employee, you may qualify for a non-repayable grant equivalent to up to 50% of the position salary for the first year of employment, up to $50,000.