Alberta Central Offers Small Business Grants

Alberta Central, the central banking facility, service bureau, and trade association for Alberta’s credit unions, has launched its second ‘Big Future Innovation Grant,’ which provides an opportunity for Alberta-based small business owners and entrepreneurs to apply for funding to put towards their business’ financial future. Applications are open from until November 4 (or until the first 100 applications). To be considered for one of two $25,000 grants, applicants must showcase how their business has created innovative solutions and how the funds will aid in continuing innovation. The first 100 eligible applications received will be reviewed by a panel of professionals from Alberta Central and the Alberta credit union system. Five applicants will be short-listed and asked to participate in a 20-minute virtual ‘pitch’ presentation to the judging panel in early December, which includes a winner from last year. The judges will then select the final two recipients who will each be awarded a $25,000 grant to be deposited into a business account with their local credit union.