OUR FUNDING PROGRAMS
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.
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.
TECTERRA defines a transformational technology as one that radically changes a market or industry landscape. It is a technology that disregards current trends leaping beyond iterative advancements and changing the trajectory of that industry or market.
The LEAP Program provides matching funding for projects with budgets between $500,000 and $1,000,000. TECTERRA can provide funding of up to 50% of your eligible development and commercialization costs, to a maximum of $1,000,000 per project.
TECTERRA’s CLOUD program is a funding grant available to Startup companies headquartered in Western Canada. The program covers expenses related to accessing 3rd party cloud services for up to $1000 per month for a maximum period of 12 months.
If you are an Alberta start up or small company needing to hire highly-qualified business or technical personnel, you may qualify for a non-repayable grant equivalent to 50% of the position salary for the first year of employment, up to $50,000.