Alberta Innovates — Recovery Technologies Program ### 📋 Eligible Entities - Small to medium-sized enterprises (SMEs) in the energy sector - Large corporations operating in Alberta's oil and gas industry - Research institutions and universities partnering with industry - Joint ventures between private companies and research organizations - Indigenous-owned energy businesses - Companies with operations or headquarters in Alberta ### 💰 Funding Details - Grant Amount: Up to $5 million per project (varies by scope and applicant size) - Funding Type: Non-repayable grant (not a loan) - Cost-Sharing Requirement: Typically 50% industry co-investment minimum; may be flexible for smaller applicants - Project Duration: 2–5 years depending on scope - Disbursement: Staged payments tied to milestone completion and reporting ### 🛠️ Approved Expenses - Research and development for recovery technology innovation - Technical feasibility studies and pilot project implementation - Equipment, instrumentation, and laboratory costs - Personnel costs (engineers, scientists, technicians engaged in project work) - Software development and digital technology adoption - Emissions reduction technology integration - Field trials and demonstration projects - Consulting and specialized expertise services directly supporting project objectives ### ⚠️ Conditions & Milestones - Application Deadline: Varies by funding cycle; check Alberta Innovates website for current dates - Project Timeline: Must align with agreed development and commercialization schedule - Reporting Requirements: Quarterly or semi-annual progress reports; final project report with results and commercialization plan - Intellectual Property: Applicants retain IP rights; Alberta Innovates may require non-exclusive access or licensing terms - Emissions & Cost Reduction: Project must demonstrate measurable improvements in recovery efficiency, emissions reduction, or operational cost savings - Commercialization Plan: Required to show pathway to market adoption and industry uptake - Audit & Compliance: Subject to financial audit; must maintain detailed project records and expense documentation - Funding Clawback: Misuse of funds or failure to meet milestones may trigger partial or full fund recovery