Canada: Alberta announces R&D grant program to boost tech sector
The Alberta government has announced the launch of the Innovation Employment Grant (IEG) program, which aims to attract investment into Alberta’s tech sector. Beginning 1 January 2021, the IEG program will provide grants worth up to 20 percent of a company’s research and development costs incurred in Alberta. The program will also offer an incremental funding plan for small and medium-sized businesses. Supporting legislation is expected in autumn 2020.