This program provides targeted funding for Alberta-based or Alberta-beneficial projects in sectors including renewable energy, hydrocarbon innovation, environmental sustainability, and resource management. Key project areas include cleaner hydrocarbon production, renewable and alternative energy sources, carbon capture, utilization and storage (CCUS), biodiversity, and water innovation. Projects can focus on two types: knowledge generation to advance research and best practices, and technology commercialization to bring new solutions to market. Alberta Innovates encourages collaboration with local institutions and industries, especially for initiatives that contribute to greenhouse gas reduction, land reclamation, water conservation, and biodiversity preservation. Funding is provided based on specific project milestones and is contingent upon meeting Alberta’s long-term sustainability and economic goals.
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