Alberta Innovates announces $ 2.5 million in funding for DICE program

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October 25, 2021 – Alberta Innovates announced a new round of funding under its Digital Innovation in Clean Energy (DICE) program to fund the development of artificial intelligence, machine learning, industrial IoT, reality technologies augmented and unmanned aerial vehicles for use in the power industry.

“The DICE competition brings together innovators in the energy and digital fields. The response to our first call for funding was impressive and shows just how extensive the expertise is and how quickly Albertans can bring relevant ideas and solutions to market globally, ”said Laura Kilcrease, CEO of Alberta Innovates.

A total of $ 2.5 million is available from Alberta Innovates, with up to $ 350,000 available per project.

DICE projects develop technologies and accelerate them to market, improving the efficiency of energy production, reducing GHG emissions, creating jobs in the digital economy and contributing to environmental innovations in water management and land, according to the agency.

The program reduces the risk of technology development while developing additional skills and knowledge in the digital innovation ecosystem for highly skilled personnel, adds Alberta Innovates.

This new funding complements the investment provided to the first DICE projects in 2020, where 17 projects backed by $ 3 million in DICE funding created $ 16 million in project value, the agency said.

Full details of the program are available on the DICE website.

You can also sign up for a webinar scheduled for October 28 from 3 p.m. to 4 p.m. MT.

“The DICE program is a proven success, creating high tech jobs and project value. Albertans are entrepreneurs, so innovation, especially in the clean energy sector, comes alive here, ”said Doug Schweitzer, Minister of Jobs, Economy and Innovation.