Innovation Catalyst Grant Entrepreneurial Fellowship
A pan-ºÚÁϲ»´òìÈ $250,000 entrepreneurial fellowship for recent graduates of advanced STEM degrees to commercialize innovative science-based technologies with a hardware component.
Intake is on an annual basis, with the final cohort starting in early 2026. Expressions of interest will be invited in mid-2025.
About the program
The Innovation Catalyst Grant (ICG) is an entrepreneurial fellowship funded by the . Learn about the Government of ºÚÁϲ»´òìÈ Gudelines .
Managed locally by the ºÚÁϲ»´òìÈ, University of Calgary and University of Lethbridge, this program provides recent Master’s or PhD graduates in Science, Technology, Engineering and Mathematics (STEM) disciplines a 2-year runway to develop and commercialize innovative science-based products and services that contain a hardware component.
Successful candidates will receive up to $250K in funding which includes:
- an annual stipend
- seed funding to support company expenses
- facilitation of lab and office access
- technical mentorship and support
- business development and networking opportunities
Entry Requirements
- Applicants must have graduated from an MSc or PhD program within the past 5 years
- Be a resident of ºÚÁϲ»´òìÈ, with the legal right to work in Canada throughout the program
- Be the primary technology innovator(s) of a science-based business or product concept, with a clear hardware component
- Can demonstrate access or reasonable steps to commercialize their technology
- Are willing and capable to commit to the fellowship as their full-time job
- Are prepared to incorporate their business in ºÚÁϲ»´òìÈ and operate in ºÚÁϲ»´òìÈ for at least 3-years following program completion
Recipients of the Award by the ºÚÁϲ»´òìÈ
Have questions?
Reach out to the program manager:
Claire Kay
claire.kay@ualberta.ca