TECTERRA Funding for Small Business
Receive up to $500,000 in Government Funding.
TECTERRA was created to invest in in the commercialization of geomatics technology and offers a full range of support programs to enable businesses within Canada to bring innovative geomatics solutions to market. TECTERRA offers both federal and provincial funding programs that aim to reinforce commercialization, business support, career opportunities for high qualified personnel, and networking.
TECTERRA Funding for Small Business
Amount of Funding
TECTERRA BUILD
Up to 50% of eligible expenses for a total contribution ranging from $150,000 to $500,000 in repayable funding. Offered as a 0% interest loan.
TECTERRA HIRE
Up to 50% of eligible expenses to a maximum $50,000 in Alberta small business grants. Can provide an additional $10,000 to relocate the employee from outside Alberta.
TECTERRA LAUNCH
Up to 50% of eligible expenses for a total contribution ranging from $25,000 to $100,000 in repayable funding. Offered as a 0% interest loan.
TECTERRA SHOW
Up to 100% of eligible expenses to a maximum $100,000 Alberta small business grant.
TECTERRA GROW
Up to 75% of eligible expenses to a maximum $50,000 in training grants.
![Amount of Funding from the Canadian Government](https://www.mentorworks.ca/wp-content/uploads/2020/12/Amount-of-Funding.png)
TECTERRA Funding for Small Business
Eligible Applicants
TECTERRA BUILD
Alberta for-profit businesses with 1-499 full-time employees and less than $50M in annual revenues. Must build a project budget with at least $300,000 in eligible costs. Must create at least one new full-time job for Highly Qualified Personnel.
TECTERRA HIRE
Alberta for-profit businesses with 1-499 full-time employees and less than $50M in annual revenues. Highly qualified personnel must have graduated with a Bachelors degree or higher from a recognized university program.
TECTERRA LAUNCH
Alberta for-profit businesses with 1-499 full-time employees and less than $50M in annual revenues. Must build a project budget with at least $50,000 in eligible costs.
TECTERRA SHOW
Alberta for-profit businesses with 1-100 full-time employees and less than $15M in annual revenues. Can include up to two separate events within 12-months.
TECTERRA GROW
Alberta for-profit, incorporated businesses with 1-50 full-time employees and less than $15M in annual revenues.
![Eligible Applicants for Canadian Government Funding](https://www.mentorworks.ca/wp-content/uploads/2020/12/Eligible-Applicants.png)
TECTERRA Funding for Small Business
Eligible Activities
TECTERRA BUILD
Development of innovative products that include geospatial technology. Projects must have a well-defined target market or user and commercialization plan.
TECTERRA HIRE
Hiring a highly-qualified business or technology employee to help drive the growth of geomatics technology companies.
TECTERRA LAUNCH
Commercialization of late-stage geospatial technologies that are ready to launch, or expanding existing and proven technologies into new markets.
TECTERRA SHOW
Attending or participating in relevant industry events, trade shows and conferences.
TECTERRA GROW
Entrepreneurial coaching, human resources development and management, project management, sales mentorship, marketing strategies, supply chain management, etc.
![Eligible Expenses for Canadian Government Funding](https://www.mentorworks.ca/wp-content/uploads/2020/12/Eligible-Expenses.png)
TECTERRA Funding for Small Business
Program Deadline
TECTERRA BUILD
Applications accepted on an ongoing basis. Projects should last between 12-24 months.
TECTERRA HIRE
The program will accept new applications in spring 2021.
TECTERRA LAUNCH
Applications accepted on an ongoing basis. Projects should last a maximum of 12 months.
TECTERRA SHOW
Applications accepted on an ongoing basis and are reviewed within two weeks of submission. Businesses should apply a minimum 45 days before an event.
TECTERRA GROW
Applications accepted on an ongoing basis and are reviewed within two weeks of submission.
![Program Deadline for Canadian Government Funding](https://www.mentorworks.ca/wp-content/uploads/2020/12/Program-Deadline.png)
TECTERRA Funding for Small Business News
No posts