Small Business Equipment & Technology

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The Small Business Equipment & Technology Grant was established to encourage resident small business owners to invest in equipment and technology that will significantly increase efficiency, productivity, and competitiveness for their business.

Objectives

  • To increase number of local businesses using leveraging equipment and technology to increase efficiency, productivity, and competitiveness.
  • To increase long term viability of local small businesses through investments in equipment and technology assets.  

Funding

  • Grant will cover up to 50% of the eligible costs, to a maximum of $5,000, per asset. For the purpose of this grant, an asset will be defined as either a single piece of equipment or several components which form a technology system.
  • Amount of grant will be determined based on quality of information detailing how the asset will:
    • increase efficiency
    • increase productivity
    • increase competitiveness
    • provide return on investment

Eligibility

  • Applicant must have a valid City of Fort Saskatchewan Resident Business Licence.
  • Applicant must have less than 50 employees.
  • Applicant who are in arrears in municipal taxes or utilities for any owned property in Fort Saskatchewan, will not be eligible.
  • Applicants who have previously received a City of Fort Saskatchewan Business Development Program grant within the past 3 years will not be eligible. The lone exclusion is if they have received the Small Business Education Grant.  

Guidelines & Application
The Small Business Equipment & Technology Grant guidelines and application form can be downloaded below. 

Small Business Equipment & Technology Grant - Guidelines & Application (2017)_Page_1