Status Entrepreneur Assistance Program

Overview

Grants to assist Status entrepreneurs with starting, expanding, or acquiring a business.

At a glance

Eligibility and requirements

Money Maximum: $99,999 Non-repayable Funding limits This program will cover up to 30% of the total project costs Eligibility Must be an Alberta resident with a business located in Alberta Minimum of 6 months to 1 year of experience in the chosen industry Projects must be a start-up or expansion (not passive investments) The business must generate at least $20,000 annually Project costs must include at least $20,000 in depreciable capital assets Applicants must secure financing through a commercial lender for costs not covered by the grant

How it works

The total project budget is determined. You contribute 10% cash equity. SEAP grant covers up to 30% - 40% (max $99,999). An AIIC loan typically covers the remaining 60%. (Grant is not stand-alone; loan + equity required.)

How Mona Studio helps business owners use this program

Status Entrepreneur Assistance Program is one of many Canadian funding options listed in our grant finder. Mona Studio helps general teams translate program requirements into a practical workflow or AI adoption scope for leadership review, grant writers, and lenders. We summarize eligibility and funding here for discovery — confirm all details on the official program website before applying.

Similar funding opportunities

• Aboriginal Business Investment Fund — Government of Alberta, Ministry of Indigenous Relations
• Accelerate Fund — Government of Alberta, Accelerate Fund
• Alberta Carbon Capture Incentive Program — Government of Alberta, Ministry of Energy and Mineral
• Alberta Export Expansion Program — Government of Alberta, Ministry of Economic Development, Trade and Tourism
• Alberta Foundation for the Arts Grants — Government of Alberta, Alberta Foundation for the Arts