Innovation

Alberta Expands Support for High-Tech SMEs

The provincial government is set to double both funding and the number of advisors for businesses in the technology sector

Written by The Canadian Press

Alberta’s economic development minister says additional funding and more advisers will help develop high-tech in the province. Deron Bilous says funding this year is more than doubling to $9.1 million for a voucher program aimed at small- and medium-sized enterprises.

The program provides vouchers for high-tech businesses to access services such as marketing and planning. It also assists in product development, testing and prototyping.

Bilous says the province expects to almost double the number of vouchers issued to more than 200 in the next few years. He says the number of advisers will double to 12 to help companies with technology, business and financial advice.

MORE ON GOVERNMENT PROGRAMS:

Will you take advantage of the newly-expanded voucher program? What other incentives would you like to see from the Alberta government? Let us know by commenting below.

 

Originally appeared on PROFITguide.com