Alberta Small Business Innovation and Research Initiative
Connecting Innovators with the Right Problems
GoA Innovation Support Cycle Investment
Vehicles
Outcomes Reporting
Government of Alberta
(MinEDT)
Alberta Companies
Technology Development &
Commercialization
Outcomes for Albertans
Programs
Alberta Innovates (AI)
AI
ARC
Capacity Building Investments
Technology Development Applied R&D
Commercialization Centres
Research
SME Support & Commercialization
Strategic Initiatives Innovation System
Support
Investment Vehicle
Technology Commercialization Curve Programs
Time
Tech
Com
m C
urve
Investigation
Feasibility
Development
Demonstration
Market Entry Programs are designed to
support Alberta companies throughout the spectrum of their
technology commercialization
activities.
Growth
AI – Industry Programs (Subset) Programs
TRL1 TRL2 TRL3 TRL4 TRL5 TRL6 TRL7 TRL8 TRL9
mVoucher Program
Voucher Program
Product Demo Program
hProduct Demo Program
cProduct Demo Program
Alberta Small Business I&R Pilot
How is ASBIR different?
Alberta Small Business I&R Potential
AI – Industry Programs (Subset) Programs
How is ASBIR different?
Technology Developer
End-user
Orig
in o
f “C
halle
nge”
Origin of “Solution” End-user
Technology Developer
Vouchers
PDPs
ASBIRI
Designed to match SME technology innovation
to end-user needs.
Alberta Small Business Innovation & Research Initiative
Defined Challenges
Large and Multinational
Enterprise (End-user)
Small Medium Enterprise Solutions
Small Medium Enterprise Solutions
Selection Process
ASBIR Projects
Value to L/MNE Reduced risk / high reward interaction Access to a proven innovation
procurement platform Value to SME Opportunity to showcase technology
to a potential customer Simultaneous tech and market
development Value to Alberta Economic development and
diversification Job creation
How do we get HERE?
Alberta Small Business Innovation & Research Initiative
Defined Challenges
Large and Multinational
Enterprise (End-user)
Small Medium Enterprise Solutions
Small Medium Enterprise Solutions
Selection Process
ASBIR Opportunities
Opportunity Development Process 1) Qualify End-users 2) Qualify Challenges 3) Qualify Solutions (open-call) 4) Qualify Projects 5) Invest
Qualify End-users
Qualify Challenges
Qualify Solutions
Qualify Projects Invest
End-user Attributes Preferably a strong presence in Alberta Capability and capacity to actively participate in
the Program (skin in the game) Capability and capacity to procure a successful
technological solution (not a requirement) High-level of market influence
Qualify End-users
Qualify Challenges
Qualify Solutions
Qualify Projects Invest
Challenge Attributes Targeting novel or situation-novel technology
solutions, no “plug-and-play” solutions Tangible within the current operating environment of
the end-user Not a “one-and-done” situation, broader applicability
to other end-users is better Must align with GoA innovation priority areas.
Qualify End-users
Qualify Challenges
Qualify Solutions
Qualify Projects Invest
Solution Attributes Small-medium enterprise (SME)
Is there a feasible business model in place? Does the appropriate internal expertise exist? Is there a viable capital plan in place?
Technology Is the technology a likely solution for the challenge? Is the technology at an appropriate technology readiness level for this program? Is there a viable intellectual property strategy in place? Have regulatory hurdles been identified and addressed?
Market Is the addressable target market meaningful and significant? What does the competitive landscape look like?
Qualify End-users
Qualify Challenges
Qualify Solutions
Qualify Projects Invest
Project Attributes Adherence to Program “Rules”
Contributions, expenses, timelines, etc.
Appropriate project team (including key stakeholders/partners) with clearly delineated roles and responsibilities
Logical project implementation plan Quantifiable milestones and deliverables (business or technical) Strong understanding of what a successful project would look
like and the level of impact on Alberta as a whole
Qualify End-users
Qualify Challenges
Qualify Solutions
Qualify Projects Invest
Investment Attributes Funding Envelope
Up to $1.0M Gated against milestone achievement
Contribution Requirements Up to 75% of the total cost by AITF or other government
funding
Time Constraints Maximum of 5 years
Qualify End-users
Qualify Challenges
Qualify Solutions
Qualify Projects Invest
Targets Near-term (2-6 weeks)
One (1) environment-related challenge One (1) health-related challenge
Medium-term (2-4 months) Two (2) challenges in any one of the following GoA priority
areas: Energy, Environment, Fibre, Bio-industrial, Food, Agriculture,
Health
Long-term (12-24 months) Multiple challenges as needed
QUESTIONS?? Raja Mita, PhD., MBA Director, Alberta Small Business Innovation Program P: (587).783.8502 E: [email protected]