Financing options

If you are involved in researching and developing products for the Green Building Products industry, financial assistance may be available. Please consult the list below for organizations and programs that provide financial assistance.

Alberta Enterprise Corporation Fund

$100 million has been allocated by the Government of Alberta to the fund to co-invest in a number of early stage capital funds focused on areas including information and communications technology, life sciences, green technology and nanotechnology. Improved access to capital means that companies can spend less time raising capital and more time developing technologies, products and market plans.

Alberta Value Added Corporation (AVAC Ltd.)

AVAC is a private company that invests in organizations that deliver value-added products and services to the market. AVAC has three primary funding areas:

  • Ag Research Fund – Investing in qualified research and development programs and projects in food products, environment management and other Alberta-based agricultural industries
  • Agrivalue Fund – Helping agriculturally based businesses with research, commercialization or start-up investment capital in order to promote the creation of new and more profitable products and technologies
  • IVAC Initiative – Providing investment and other support to early-stage Alberta businesses in the ICT, life sciences and other industrial technology sectors

Banff Venture Forum

Banff Venture Forum is Canada's premiere company financing event. An annual fall event, the forum showcases innovative companies, offers insight into key industry issues, and provides networking opportunities for business.


CETAC-WEST is a private sector, not-for-profit corporation committed to helping small and medium-sized enterprises (SMEs) engaged in the development and commercialization of new environmental technologies. Established in 1994 by Environment Canada, CETAC-WEST delivers its services to SMEs in the four western provinces through its office in Calgary. The corporation has formed linkages between technology producers, industry experts, and investment sources to facilitate this process. In the over fifteen years it has been operating, CETAC-WEST has reviewed over 500 project opportunities throughout Western Canada.

Keiretsu Forum

Keiretsu Forum is the largest global network of accredited angel investors, venture capitalists and corporate/institutional investors. The organization currently has 18 chapters and more than 750 accredited investor members on three continents, including North America, Europe and Asia. “Keiretsu” stands for collaboration, the culture in which the forum thrives. Members of Keiretsu Forum provide early-stage capital in the range of $250k-$3m to high-quality, diverse investment opportunities, including emerging technologies, healthcare/life sciences, real estate, consumer products and other industries with high growth opportunity. Members collaborate in the due diligence, but make their own individual investment decisions.

Innovate Calgary

Innovate Calgary offers programs, services and resources designed to help you build your small- to medium-sized companies by setting you up for success. Our programs link you to various sources of financing and connect you with business experts who can help you identify and address the challenges of your company’s growth. Innovate Calgary connects you to the right people with the right resource at the right time to enhance business to business contact beyond Alberta’s borders and promote innovation.

National Research Council Industrial Research Assistance Program (NRC- IRAP)

The NRC Industrial Research Assistance Program (NRC-IRAP) provides a range of both technical and business oriented advisory services along with potential financial support to growth-oriented Canadian small - and medium-sized enterprises. Working directly with clients, NRC-IRAP supports their innovative research and development and helps them become commercialization-ready with their new products and services.

Scientific Research and Experimental Development (SR&ED) Tax Incentive Program

The SR&ED program gives claimants cash refunds and/or tax credits for their expenditures on eligible R&D work done in Canada. The SR&ED program is a federal tax incentive program to encourage Canadian businesses of all sizes and in all sectors to conduct research and development (R&D) in Canada that will lead to new, improved, or technologically advanced products or processes. The SR&ED program is the largest single source of federal government support for industrial research and development. Claimants can apply for SR&ED investment tax credits for expenditures such as wages, materials, machinery, equipment, some overhead, and SR&ED contracts.

TEC Edmonton

TEC Edmonton is a not-for-profit agency that helps people transform technological inventions and innovations into business opportunities. It primarily serves the Alberta Capital Region, but two programs are Alberta-wide. TEC Edmonton helps inventors, entrepreneurs, companies and investors access expertise, facilities, management and financing to succeed in technology ventures. About 30 staff, including interns, provide assistance in three overlapping areas, represented by “TEC”: Technology, Entrepreneur & Company development.