Alberta small businesses contribute more GDP per capita than small businesses anywhere else in the country. In addition to providing good jobs in our hometowns and neighbourhoods, they inject about $100 billion a year into our economy.
Government programs and service providers across the province help Alberta small businesses access:
- advice and coaching
- financing and training
- information about market expansion and tax credits
Key government programs
Programs offer support to Alberta entrepreneurs and small businesses.
|Program||Start-up support||Advice and coaching||Tax credits||Training||Market expansion|
|Alberta Export Expansion Package||No||Yes||No||No||Yes|
|Alberta Investor Tax Credit||No||No||Yes||No||No|
|Canada-Alberta Job Grant||No||No||No||Yes||No|
|Community Economic Development Corporation Tax Credit||No||No||Yes||No||No|
|Interactive Digital Media Tax Credit||No||No||Yes||No||No|
|Self-Employment Training Program||Yes||Yes||No||Yes||No|
Alberta Export Expansion Package
The Alberta Export Expansion Package includes 3 programs to prepare Alberta companies for success in the international market:
Alberta Investor Tax Credit
The Alberta Investor Tax Credit offers a 30% tax credit to investors who provide capital to Alberta small businesses doing:
- commercialization of new technology, new products or new processes
- interactive digital media development
- video post-production
- digital animation
Canada-Alberta Job Grant
The Canada-Alberta Job Grant is an employer-driven training program where employers and government share the cost of training new and existing employees to increase their knowledge and skills and meet the needs of Alberta’s changing economy.
Community Economic Development Corporation Tax Credit
The Community Economic Development Corporation (CEDC) Tax Credit supports Alberta investors and businesses that work together to advance rural economic development and social impact initiatives in their communities with a 30% tax credit for investors.
Interactive Digital Media Tax Credit
The Interactive Digital Media Tax Credit refunds 25% of the salaries, wages and bonuses paid to Alberta employees who work directly to create interactive digital media products.
Self-Employment Training program
The Self-Employment Training program supports unemployed and marginally employed individuals who have a viable business idea and require additional training to become self-employed. The program is available in:
- Medicine Hat
- Red Deer
- Other rural areas in central and southern Alberta
For more information on ministry-specific business supports, contact:
Alberta small businesses and entrepreneurs may have unique needs depending on where they are located.
The Alberta Entrepreneurship Incubator program is a two-year pilot project, delivered through Alberta Innovates, which funds regional entrepreneur development and support programs that focus on fostering business creativity and collaboration.
Rural Alberta Business Centres
Rural Alberta Business Centres (RABCs) provide advice and information on services for rural small businesses. RABC offices are located in:
- Cold Lake
- Rocky Mountain House
Alberta-wide service providers
Service providers support small businesses based in communities across the province with advice, services and support.
|Program||Start-up support||Advice and coaching||Financing||Training||Market expansion|
|Alberta Women Entrepreneurs||Yes||Yes||Yes||Yes||Yes|
|Business Development Bank of Canada||No||Yes||Yes||No||Yes|
Alberta Innovates provides access to programs, funding, business supports and research facilities to accelerate entrepreneurship and technology-based innovation across the province.
ATB Financial provides coaching and advice at Entrepreneurial Centres in:
- Grande Prairie
ATB also offers traditional loans as well as non-traditional lending options.
Alberta Women Entrepreneurs
Alberta Women Entrepreneurs (AWE) provides tools, workshops, resources and loans to women entrepreneurs. AWE also delivers PeerSpark, a business accelerator program, and NextStep, a business plan learning series for Indigenous women.
Business Development Bank of Canada
The Business Development Bank of Canada supports small and medium-sized businesses through access to financing, advisory services and capital.
Business Link helps small businesses start and expand anywhere in Alberta, provides one-on-one support, online business training and market research for business plans, and offers Indigenous, French and immigrant-focused services.
Community Futures has 27 locations across Alberta and provides small business support, including small business loans.
Futurpreneur offers mentorship and loans to entrepreneurs aged 18 to 39.
Talk to a small business advisor at Business Link to get free advice and referrals to business supports by submitting your question online, or contacting them directly:
Other supports are available. For additional resources, explore other supports for:
- small business, including starting a business
- business funding
- managing employees, including labour relations
- growing a business, including tax incentives and export supports
A summary of Alberta-wide small business supports is available for downloading and printing.