Small Business Equipment and Technology

The Small Business Equipment and Technology Grant encourages resident small business owners to invest in equipment and technology that will increase efficiency, productivity, and competitiveness for their business. Applications for 2018 will be accepted beginning January 15, 2018. The deadline for applications is November 1, 2018.

Objectives

The program intends to achieve the following:

  • To increase the number of local businesses using equipment and technology to increase efficiency, productivity, and competitiveness
  • To increase long-term viability of local small businesses through investment in equipment and technology assets

Funding

The Grant will cover up to 50% of 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. The amount of the grant will be based on the quality of information detailing how the asset will:

  • Increase efficiency
  • Increase productivity
  • Increase competitiveness
  • Provide return on investment

Eligibility

To be eligible for the Small Business Equipment and Technology Grant:

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

Download the Small Business Equipment and Technology Grant Application and Guidelines

FAQs

Am I required to use local contractors when applying for any of the Business Development Program Grants?

No. While we encourage businesses to use other local business, we want to ensure that applicants have the ability to seek out the most competitive quotations for their projects.

I have a project that would qualify under two grants. Can I apply for both?

You are permitted to submit applications for more than one grant; however, you would only be eligible to receive one grant.

Can I receive more than one grant?

Business owners and commercial property owners are only eligible to receive one grant every three years. If you receive a grant in 2016, you would not be eligible for another grant until 2019.

The only exception is the Small Business Education Grant. Recipients of a Small Business Education grant would be eligible for another Business Development Program grant; however, you would not be eligible for another Small Business Education Grant for three years.

Are software licence fees eligible under the Small Business Equipment and Technology Grant?

Yes, some software licence fees may be eligible; however, the fees would only be eligible for a period of 12 consecutive months.

Are computers eligible for the Small Business Equipment and Technology Grant?

Computers may be eligible; however, it is critical for the applicant to demonstrate how the computers would be specialized for business and how the computers will increase efficiency, productivity, and competitiveness of the business.