Alberta Scaleup and Growth Accelerator Program

Overview of the Alberta Scaleup and Growth Accelerator Program program:

Alberta has a scaleup gap. While half of all startups survive over five years, only 0.1 percent of small firms become mid-sized, and only two percent of mid-sized firms become large. We want to help Alberta’s scaling startups and small businesses grow so they can reap the benefits while positively contributing to economic growth and prosperity in our province.   In partnership with three levels of government including the Government of Alberta, Prairies Economic Development Canada, and both the City of Edmonton (Edmonton Unlimited) and the City of Calgary (Opportunity Calgary Investment Fund), Alberta Innovates designed and continues to administer a provincial scale-up and growth strategy that has since developed into a burgeoning program centered around two pillars – the use of global accelerators and the Fellowship Alumni Network.

Benefits of the Alberta Scaleup and Growth Accelerator Program program:

• Expert Guidance and Mentorship: Access to top-tier mentors and industry experts who provide strategic advice tailored to your business needs.
• Networking Opportunities: Connect with a wide network of investors, industry leaders, and potential customers to help grow your business.
• Access to Funding: Participants can receive financial support and introductions to potential investors to fuel business expansion.
• Market Expansion: Support in entering new markets, both domestically and internationally, to scale operations effectively.
• Customized Growth Plans: Develop and implement a tailored growth strategy with the help of experienced coaches and advisors..

Eligibility criteria of the Alberta Scaleup and Growth Accelerator Program program:

• Location: Your company must be headquartered in Alberta or have a significant operational presence in the province.
• Stage: The program is designed for high-potential startups and SMEs that have already demonstrated some level of product-market fit and are ready to scale.
• Sector Focus: While the program is open to various sectors, companies in technology, health, and energy sectors are particularly encouraged to apply.
• Commitment: Companies must be willing to engage fully with the program, including participation in all required activities and events.