Business funding programs

Programs listed here are not administered by Strathcona County. All third-party links are provided for information only.

Last modified: Feb. 10, 2023, 4:27 p.m.

All businesses incur costs, whether it is purchasing property, paying overhead or employees. Financing is a vital component in business planning. 

At times unexpected expenses occur. A common approach is to obtain a business loan from a bank or lending institution. Grants and funding programs may also be available from the government and not-for-profit organizations.

Banks located in Sherwood Park

Grants and funding programs

Federal programs

  • Alliance Grants
    Alliance grants encourage university researchers to collaborate with partner organizations, which can be from the private, public or not-for-profit sectors. These grants support research projects that will generate new knowledge and accelerate the application of research results to create benefits for Canada. (formerly Natural Sciences and Engineering Research Council of Canada Strategic Partnership Grants)

Provincial programs

  • Accelerate Fund
    An early stage angel investor for Alberta technology companies.

  • Alberta Financial Services Corporation (AFSC)
    A provincial crown corporation that provides risk management and lending programs for agri-business as well as commercial businesses. 

  • Alberta Agriculture and Forestry
    Provides programs and services to support agriculture, agri-business and food processing.

  • Alberta Innovates
    The research and innovation system that supports excellence in science. Alberta Innovates provides funding for bio, health, energy, environmental and technological research and development.

  • Alberta Parks and Recreation
    Provides funding programs and grants for initiatives in sports, tourism and recreation programs.

  • Innotech Alberta
    Helps technical industries find solutions, develop products and move technologies to market by building on Alberta’s established advantages, facilitating access to key partners, and investing in research to support priorities.

  • Sustainable Development Technology Canada
    Provides funding for Canadian clean-tech projects and coaching. Opportunities include the SD Tech Fund for projects that address climate change, air quality, clean water and clean soil. 

  • Travel Alberta
    The mission of the Cooperative Marketing Investment Program is to increase the marketing capacity of our industry partners.

  • Venture Capital Association of Canada
    A hub for venture capital, angel investors, private equity and other programs.

Local, regional, venture capital groups and other not-for-profit programs

  • A100
    An industry association that provides funding, networking and education programs for startups in the technology industry.

  • ATB BoostR
    A crowdsourcing and social networking website for local start-ups.

  • Alberta Women Entrepreneurs
    Alberta Women Entrepreneurs is a not-for-profit organization dedicated to women in business. The organization provide lending, education and other programs.

  • C100
    Provides funding, education and networking programs for technology startups

  • Community Futures (Elk Island Region)
    A community-driven, not-for-profit organization that helps small businesses start, expand, franchise or sell a business.

  • Valhalla Angels
    Valhalla Angels is an investor only membership group committed to building Western Canadian industry through early stage angel investing.

  • EVOK Innovations
    Evok Innovations is a clean tech fund that accelerates the development and commercialization of solutions to the most pressing environmental and economic challenges facing the oil and gas sector


Last updated: Friday, February 10, 2023
Page ID: 44021