Capacity Builder - Eligibility

Companies that qualify for Capacity Builder investment will have the potential to increase commercial business in Alberta’s ICT, life sciences and other industrial technology sectors and have the ability to demonstrate a source of sustainable competitive advantage. The company may be a start-up or an existing company, provided the project requiring investment is at the pre-commercial stage of development.

Eligible applicants are those whose business is contained within one or more of the following sectors, including ICT, life sciences and other industrial technology sectors, except where the business falls within the mandate of existing AVAC Agrivalue™ or Ag Research Programs.

The proposed investment must meet AVAC’s commercialization due diligence requirements, including:

• Presence of a strong management team, or the ability to attract a strong management team.
• Satisfactory credit history for applicant and the principal(s).
• Acceptable competitive environment, including freedom to operate.
• Viable developmental plan and market assessment.
• Confirmation of complementary financing.
• Likelihood that the company will be able to attract subsequent financing to further the business.
• The investment request is appropriate to the size and nature of the business opportunity.