Emissions Reduction Alberta (ERA) has announced the Emerging Innovators Challenge, a $40 million program to support small and medium-sized enterprises (SMEs) in Alberta to develop and commercialize transformative emissions reduction technologies. The challenge is open to Alberta-based and out-of-province organizations, including investor immigrants, but the technology must be implemented in Alberta.
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The Emerging Innovators Challenge Is Open To Investor Immigrants
The Emerging Innovators Challenge is open to Alberta investor immigrants. Successful applicants will receive between $250,000 and $5 million to scale-up, pilot, demonstrate or implement novel emissions reduction technologies. Funding can be used for a variety of activities, including:
- Developing and testing prototypes
- Conducting field trials
- Building pilot plants
- Demonstrating the commercial viability of new technologies
The Emerging Innovators Challenge is designed to help Alberta SMEs overcome the challenges of commercializing new emissions reduction technologies. These challenges can include:
- Access to capital
- Technical expertise
- Regulatory hurdles
- Market access
ERA will provide support to funded projects throughout the commercialization process. This support may include:
- Access to ERA's network of experts and partners
- Mentoring and coaching
- Regulatory assistance
- Market development support
The Emerging Innovators Challenge is a significant opportunity for Alberta SMEs including investor immigrants, to develop and commercialize their emissions reduction technologies. By investing in these technologies, ERA is helping to create a more sustainable economy for Alberta.
For more information on the Emerging Innovators Challenge, please click HERE.
Emerging Innovators Challenge Deadlines
Important submission deadlines for the Emerging Innovators Challenge:
- Accelerating Innovations into CarE (AICE) – Market Access – Alberta Innovates – Submission Deadline: November 24
- Accelerating Innovations into CarE (AICE) – Validate – Alberta Innovates – Submission Deadline: November 24
- Emerging Innovators Challenge – Emissions Reduction Alberta – Submission Deadline: December 14, at 5 p.m. Mountain Time
More About Investor Immigrants
Canada welcomes immigrant investors who can help grow the economy and create jobs. Canada’s investor visa programs help foreign entrepreneurs become permanent residents and later apply for Canadian citizenship through federal and provincial investment immigration programs. Canada offers several opportunities for investor immigrant visas, including:
Start-Up Visa Program
The Start-Up Visa Program focuses on entrepreneurs who want to immigrate to Canada. Specifically, those who can build businesses and create jobs for Canadians and Permanent Residents. The Start-Up Visa allows applicants to obtain their Permanent Residency. Canada's Start-Up Visa is the first of its kind in the world, linking immigrant entrepreneurs with experienced private sector organizations that have expertise in working with start-ups.
CUSMA
Under the Canada-United States-Mexico Agreement (CUSMA, formerly NAFTA) agreement, citizens of the United States or Mexico who invest in new or existing businesses in Canada may be eligible to apply for Investor work permits to manage their Canadian businesses. The CUSMA Investor Program allows American or Mexican managerial entrepreneurs who have made a significant investment in a Canadian business to enter Canada to develop and direct their business. The investor will still need a work permit, but they do not require an LMIA.
Alberta Immigration Program (AAIP)
Alberta's Provincial Nominee Program (PNP) is called the Alberta Advantage Immigration Program (AAIP). It is one of the most popular PNP programs in Canada because Alberta has a strong and growing economy. The AAIP has several streams that allow foreign entrepreneurs to first get a work permit and then apply for permanent residency after 1 to 2 years of running their business in Alberta.
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A Canadian Immigration Lawyer Can Help You Get An Immigrant Investor Visa
- Review your qualifications and experience: An immigration lawyer can help you determine if you meet the eligibility requirements for an immigrant investor visa, such as having the required education and experience.
- Advise you on the application process: An immigration lawyer can explain the application process and help you gather the necessary documentation.
- Represent you at a visa interview: If required, an immigration lawyer can represent you at a visa interview with the Canadian government.
- Appeal a decision: If your application is denied, an immigration lawyer can help you appeal the decision.
In addition to helping you with the application process, a Canadian immigration lawyer can also provide you with immigration guidance for your specific situation and goals. They can help you understand the Canadian immigration system and your options for immigrating to Canada, including Express Entry or PNP.
Ackah Business Immigration Law has offices in Toronto, Calgary and Vancouver to help clients move to new opportunities in Canada and the United States. To get in touch with Ackah Law, contact us at (587) 705-0764 or send an email directly to contact@ackahlaw.com.
