Credit Unions of Alberta and Alberta Central are excited to announce the launch of the Big Future Innovation Grant, which opens for applications on November 6th!
The grant, launched in 2020, provides an opportunity for two Alberta-based small business owners to receive $25,000 in funding to help grow their business and foster innovation. It showcases how credit unions support innovative Alberta-based small businesses by providing them with the chance at one of two $25,000 grants.
As part of this initiative, $140,000 worth of grants have been given away to six different Alberta-based small businesses that demonstrated new and innovative ideas. This grant is all about celebrating the innovative spirit of Albertans and giving business owners the extra support they need to take their business to the next level, in the same way that credit unions go above and beyond for small business owners with products, services and advice.
Applications for the Credit Unions of Alberta Big Future Innovation Grant 2023 open on November 6th and remain open until November 24th or until the first 100 applications are received.
To apply, you must complete an online form and explain how your business is innovative, how you support your community and how the funds will aid in the growth of your idea (full rules and regulations, including eligibility requirements, can be found here).
The applications received will be reviewed and shortlisted, with the top five asked to give virtual “pitch presentations” to a panel of judges that includes leaders from across the Alberta credit union system and a previous winner. The two recipients will be selected based on these presentations and awarded a $25,000 grant to be deposited into a business account with their local credit union.
For more information on the Credit Unions of Alberta Big Future Innovation Grant, visit: albertacreditunions.com/big-future-innovation-grant-2023/
About Credit Unions of Alberta and Alberta Central
The Big Future Innovation Grant is brought to you by Credit Unions of Alberta and Alberta Central. Credit Unions of Alberta represents the 13 credit unions located across the province and Alberta Central is the central banking facility and trade association for Alberta’s credit unions.
Alexandra Frison, Alberta Central