While banks see numbers,
we see Alberta Businesses.

The past few years have tested the strength and adaptability of supply chains, driven digital innovation and strained local economies around the world. Now as we move into 2024, Alberta's ability to rebound and rebuild is essential to our success.

How are we helping transform Alberta? We have launched Funding Futures, a contest to help unlock potential for small businesses in Alberta to have access to the capital needed to advance innovative frameworks in Agri-Tech, Energy Transition or Social Impact. A total of $30,000 in awards will be presented to Alberta-based businesses that are pioneering transformative endeavors in these categories.

Applications closed on November 19, 2023 at 11:59 PM. Finalists will be announced on November 22, 2023.

Winners will receive:

$10,000

One winner in each category will receive a prize of $10,000 in funding.

Mentorship

Get access to a specialized business banking team of experts.

Spotlight

Recognition and exposure to display your business stories.


So, what are we looking for exactly?

A panel of judges will assess the applications, and the winners will be chosen based on the following evaluation of criteria.

Your business must:
  • Be Alberta based.
  • Have 4-20 employees.
  • Make an annual revenue between $250,000 and $3,000,000.
Agri-Tech Award: We are looking for a small business utilizing Agri-Tech to improve operational effectiveness, increase crop productivity, reduce expenditures, and advance environmental sustainability.
Agri-Tech Award:
  • Tell us about your business - how it started, how it’s going and what you offer.
  • How is your business changing the game in Agri-Tech?
  • What ways has Agri-Tech helped you grow your business or increase your competitive edge?
  • In the next year, what business goals do you plan to achieve?
  • How does your business make a positive impact in our local community?
  • Tie breaker question: Describe how you would intend to use the $10,000 funding award to empower your Agri-Tech strategy?

Energy Transition Award: We are looking for a small business investing in energy efficiency to help build a sustainable net-zero energy system for the future.
Energy Transition Award:
  • Tell us about your business - how it started, how it’s going and what you offer.
  • How is your business changing the game in the field of Energy Transition?
  • What ways has Energy Transition helped you grow your business or increase your competitive edge?
  • In the next year, what business goals do you plan to achieve?
  • How does your business make a positive impact in our local community?
  • Tie breaker question: Describe how you would intend to use the $10,000 funding award to empower your Energy Transition strategy?
Social Impact Award: We are looking for a small business endeavor or campaign that is generating a positive influence, whether it be socially, ethically, or environmentally, throughout Alberta. It reflects the willingness of small businesses to address pressing contemporary matters such as sustainability, diversity, and well-being.
Social Impact Award:
  • Tell us about your business - how it started, how it’s going and what you offer.
  • How is your business changing the game with Social Impact?
  • What ways has Social Impact helped you grow your business or increase your competitive edge?
  • In the next year, what business goals do you plan to achieve?
  • How does your business make a positive impact in our local community?
  • Tie breaker question: Describe how you would intend to use the $10,000 funding award to empower your Social Impact strategy?

Contest Timeline.


Meet the judges.

We are thrilled to welcome these industry experts to our esteemed judging panel. They offer a wealth of knowledge and experience in their respective fields, including small business, Agri-tech, energy transition, and social impact. Our panel of judges is a diverse mix of connectFirst subject matter experts and Alberta based thought leaders, entrusted with the important task of choosing the finalists and three award recipients.

Jennifer Bishop

Host

Alex Korzun

Host

Brad Andrews

Ryan Andries

Winta Asefaw

Scott Bissell

Ginni Braich

Matthew Chakaza

Shazma Charania

Tim Gee

Dallas Haldorson

Sandi MacGregor

Trevor MacLean

Sourav Neogi

Applications closed on November 19, 2023 at 11:59 PM
Finalists will be announced on November 22.


Questions?

Connect with us at fundingfutures@connectfirstcu.com.


FAQs


The 3 chosen winners of the Funding Futures Initiative will recieve:
  • $10,000 in funding that will be deposited into a 1-year free business unlimited account with connectFirst Credit Union.
  • Access to a personal business banking team of experts (Banking, Private Wealth).
  • Recognition and exposure to display their business stories using approaches assessed individually for each case.
Complete the application form on the contest website between October 13, 2023 and November 19, 2023.

The application for Funding Futures is open to qualified and verified*, Alberta based small businesses with 4-20 employees with annual revenues between $250,000 and $3,000,000. Click here to see a full list of application requirements.


* Businesses must either be incorporated in Alberta or have an Alberta business registration number. 

 

Entries submitted to the Funding Futures initiative undergo an evaluation process in which a carefully selected expert judging panel assesses each entry against the criteria specified for each category. They also consider three essential principles:

  • Clear and succinct presentation of results and metrics, where applicable.
  • Tangible evidence of innovation, impact, and scalability, with a clear commitment to long-term sustainable transformation.
  • Alignment with category-specific criteria when responding to questions listed under each category.

Applications will be reviewed by a panel composed of representatives and external partners of connect First (the “Judges”). Winners will be selected based on the following judging criteria:

  1. Agri-Tech Award:
    • Tell us about your business - how it started, how it’s going and what you offer.
    • How is your business changing the game in Agri-Tech?
    • What ways has Agri-Tech helped you grow your business or increase your competitive edge?
    • In the next year, what business goals do you plan to achieve?
    • How does your business make a positive impact in our local community?
    • Tie breaker question: Describe how you would intend to use the $10,000 funding award to empower your Agri-Tech strategy?
  1. Energy Transition Award
    • Tell us about your business - how it started, how it’s going and what you offer.
    • How is your business changing the game in the field of Energy Transition?
    • What ways has Energy Transition helped you grow your business or increase your competitive edge?
    • In the next year, what business goals do you plan to achieve?
    • How does your business make a positive impact in our local community?
    • Tie breaker question: Describe how you would intend to use the $10,000 funding award to empower your Energy Transition strategy?
  1. Social Impact Award
    • Tell us about your business - how it started, how it’s going and what you offer.
    • How is your business changing the game with Social Impact?
    • What ways has Social Impact helped you grow your business or increase your competitive edge?
    • In the next year, what business goals do you plan to achieve?
    • How does your business make a positive impact in our local community?
    • Tie breaker question: Describe how you would intend to use the $10,000 funding award to empower your Social Impact strategy?


Finalists will be selected by the Judges by approximately 5:00 p.m. MT on or around November 22, 2023.

Grand Prize winners (highest overall judging criteria score) will be selected by the judges by approximately 5:00 p.m. MT on or about December 12, 2023.

*Note: In the event of a tie, tie break question will be subject for final decision.  

Yes, the contest is open to all businesses who are either incorporated in Alberta or have an Alberta business registration number. Click here to view all application requirements.
Successful recipients of the Funding Futures initiative will be required to submit a photo and a brief response to what it means to receive the funding that will be shared on connectFirst's internal and external digital properties and social media channels.

Successful recipients will need a connectFirst Credit Union business banking account, which will be provided by connectFirst Credit Union free for a 1-year term. Successful recipients will also be required to sign an agreement affirming compliance with these rules and regulations and consenting to the disclosure of their personal information to connectFirst Credit Union to be granted funds. Funds will only be deposited to an existing or new connectFirst bank account.
Full program terms and conditions apply.
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