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Alberta Innovates funding programs

Government fund

Calgary · Pre-Seed–Growth · 10 people tracked

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Investment thesis

Alberta Innovates drives research and innovation across Alberta by offering funding programs, business advice, services, and connections that help post-secondary researchers, entrepreneurs, and industry succeed. It aims to advance innovations that benefit people, protect the environment, and diversify the economy, building on the province's traditional industry strengths while creating new opportunities in emerging technology areas. Its programs span multiple sectors and emphasize networks, collaboration, and partnerships across the innovation ecosystem. Through its subsidiaries InnoTech Alberta and C-FER Technologies, it provides applied research, technology development services, technical expertise, and access to full-scale industrial facilities so clients can test, scale, and validate ideas and prototypes.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Growth
HQ
Calgary, AB, CA
Instruments
Grants

Team · 10 people

from the firm's website & curated
Cheryl Holden· Vice President, Health Innovation

VP of Health Innovation with experience across public, private, and non-profit healthcare sectors; spent 17 years with the Government of Canada, including at the Public Health Agency of Canada and ISED. Holds degrees in molecular biology and physiology.

Cindy Fox· Vice President, Financein

VP of Finance providing executive financial leadership since joining Alberta Innovates in 2012; over 20 years in financial management and public-sector accountability. A Certified Professional Accountant.

Kari Bilyk· Vice President, People and Culturein

VP of People and Culture overseeing human capital strategy; previously led Organizational Change Management at Canadian Western Financial Group. Holds an MBA focused on organizational leadership.

Mark Summers· Vice President, Energy, Aerospace, Defence and Advanced Materials (EADAM)in

VP leading funding initiatives across agriculture, food, sustainable materials, and environmental sustainability, and interim VP of Investments; formerly Chief Innovation/Strategy Officer at Emissions Reduction Alberta. A Professional Engineer with a PhD in Nanostructured Engineering.

Michael Mahon· Chief Executive Officerin

CEO of Alberta Innovates with over 35 years in Alberta and Manitoba post-secondary sectors; former President of the University of Lethbridge and Dean at the University of Alberta. Holds a PhD from UNC Chapel Hill.

Terry Rock· Senior Vice President, Operations and Chief Operating Officerin

SVP and COO supporting province-wide innovation strategy and commercialization; former President and CEO of Platform Calgary. Holds a PhD in Management.

Tom Whalen· Senior Vice President, Applied Research, Engineering and Specialized Testing Servicesin

SVP overseeing C-FER and InnoTech Alberta on applied research and specialized testing; Managing Director and CEO of C-FER Technologies since January 2023.

Craig Elias· Technology Development Advisorin

An entrepreneur-in-residence at Bow Valley College and active startup mentor, pitch coach, and ecosystem builder delivering numerous free educational events for Alberta founders.

James Keirstead· Board Memberin

President and CEO of Levven Electronics and head of Rainforest Alberta in Edmonton, active in developing the startup ecosystem.

Kash Ahmad· Senior Vice President - Applied Research, Engineering and Specialized Testing Servicesin

Kash Ahmad serves as EVP, Portfolio Risk and Governance at eCapital Corp. His background is in the financial services industry, with experience in banking, credit analysis, Basel II, foreign exchange options, and market risk. He holds a B.Eng in Chemical Engineering from University College London.

Frequently asked questions

What stage does Alberta Innovates funding programs invest at?
Alberta Innovates funding programs invests at the Pre-Seed, Seed, Series A, Series B, Series C, Growth stages.
What sectors does Alberta Innovates funding programs focus on?
Alberta Innovates funding programs focuses on AgTech, Circular Economy, Cleantech, Climate Tech, Deep Tech, Energy, Healthtech, New Materials, Sector Agnostic.
Where is Alberta Innovates funding programs located?
Alberta Innovates funding programs is headquartered in Calgary, CA.

Media · Podcasts & interviews

from their channel

Capital Access & Women Founders: Progress, Gaps, and What’s Next

Alberta Innovates

Capital Access: IP Investment Readiness

Alberta Innovates

Prairie Fire: How Startup TNT Ignited Alberta's Investment Scene

Alberta Innovates

New technology for well remediation and decommissioning

Alberta Innovates

From Skip to Neo to Tech Thursday: creating spaces that matter for Alberta's tech leaders

Alberta Innovates

Beyond the bin: transforming post-consumer plastics with NAIT's Dr. Muhammad Arshad

Alberta Innovates

Images

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