Announcements

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OCIF SUPPORTS NEW IBM WESTERN CANADA CLIENT INNOVATION CENTRE IN CALGARY

June 29, 2022

The Opportunity Calgary Investment Fund (OCIF) will provide up to $5 million to support the opening and scaling of IBM’s Western Canada Client Innovation Centre (CIC) in Calgary focused on sustainability.  

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OCIF SUPPORTS THIN AIR LABS FUND I

June 8, 2022

OCIF will invest $4 million in the Thin Air Labs Fund I Limited Partnership as part of an initial raise of nearly $20 million to support early-stage companies and help accelerate the growth of the local technology and innovation sector.

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OCIF DIRECTOR CANNON NAMED TO ALBERTA BUSINESS HALL OF FAME

June 1, 2022

Dr. M. Elizabeth Cannon, a member of the Board of Directors of the Opportunity Calgary Investment Fund (OCIF) is one of five people to be inducted into the 2022 Alberta Business Hall of Fame’s southern Alberta class.

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OCIF SUPPORTS CALGARY’S CDL-ROCKIES AND MOVEMENT51

December 15, 2021

In a joint virtual media event, OCIF announced it will fund Calgary-based CDL-Rockies and Movement51 to accelerate the creation and growth of tech companies and inspire the economic empowerment of women in Calgary.

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OCIF SUPPORTS EARLY-STAGE COMPANIES WITH ACCELERATE FUND III

November 15, 2021

The Opportunity Calgary Investment Fund will contribute $6 million to Accelerate Fund III LP, which will match dollars from OCIF under terms of the agreement to support early-stage companies and help accelerate the growth of the local tech and innovation sector.

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CALGARY WELCOMES BUSINESS ACCELERATOR PLUG AND PLAY

November 9, 2021

The Opportunity Calgary Investment Fund will support local entrepreneurs and startups through the establishment of Plug and Play Alberta by global business accelerator Plug and Play LLC with its headquarters in Calgary.

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OCIF ALUM NPOWER SETS COMPANIES, YOUNG CALGARIANS UP FOR SUCCESS

September 8, 2021

As the world continues to move to a digital economy, companies are increasingly aware it is people who drive the advances in tech and there is a constant search for tech talent to keep up with the shift in how companies do business.

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SUPPORTING CANADIAN AGRICULTURAL STARTUPS

June 30, 2021

SVG Ventures | THRIVE's platform strengthens local agrifood ecosystem with Calgary HQ.

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NEW BOARD MEMBERS ANNOUNCED

June 15, 2021

Calgary Economic Development and the Opportunity Calgary Investment Fund held their Annual General Meetings before Calgary City Council on Tuesday and announced new additions to their Boards of Directors.

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OCIF EVOLVES TO CREATE MORE COMPANIES AND AN ENVIRONMENT FOR SUCCESS

March 31, 2021

The Opportunity Calgary Investment Fund issued two requests for proposals (RFPs) to support the evolution of OCIF to accelerate the creation and scaling of more local companies and to strengthen the tech-innovation ecosystem in Calgary.

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ENDEAVOR CANADA SELECTS CALGARY FOR NATIONAL OFFICE

March 30, 2021

The Opportunity Calgary Investment Fund, Western Economic Diversification Canada, and a founding Board comprised of successful entrepreneurs and private-sector leaders from across Canada will support the launch of Endeavor Canada, with the head office in Calgary.

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OCIF investment to support up to new 300 tech jobs in Calgary

OCIF INVESTMENT TO SUPPORT UP TO 300 NEW TECH JOBS IN CALGARY

December 16, 2020

The Opportunity Calgary Investment Fund (OCIF) will provide up to $3 million to LodgeLink Inc., an investment that will support an expected 300 new tech jobs over five years in Calgary.

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OCIF invests in SAIT Digital Transformation DX Talent Hub V2

OCIF INVESTS IN SAIT DIGITAL TRANSFORMATION (DX) TALENT HUB

September 9, 2020

The Opportunity Calgary Investment Fund (OCIF) is addressing Calgary’s tech talent shortage with an $8.2 million investment in the new SAIT Digital Transformation (DX) Talent Hub.

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OCIF SUPPORTS GROWTH OF TWO INNOVATIVE ALBERTA TECH COMPANIES

July 22, 2020

Two Alberta-based companies, AltaML and Harvest Builders, are getting backing from the Opportunity Calgary Investment Fund to help upskill local talent, create high-skill jobs and build, grow and scale new technology and tech companies in the city.

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MARK BLACKWELL APPOINTED BOARD CHAIR FOR OPPORTUNITY CALGARY INVESTMENT FUND

June 23, 2020

Mark Blackwell, a partner at Builders VC in Calgary, was appointed Board Chair for the Opportunity Calgary Investment Fund (OCIF) June 23, among several changes to the Board of Directors following the Annual General Meetings for OCIF and Calgary Economic Development.

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INTERGEN DRIVES KNOWLEDGE TRANSFER TO NEXT GENERATION OF ENTREPRENEURS

December 12, 2019

To better leverage the vast business acumen in Calgary, InterGen Canada has been approved to receive up to $100,000 from the Opportunity Calgary Investment Fund (OCIF) to launch its InterGen Connect platform to match retired or transitioning local business executives with later-stage startups.

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LIGHTHOUSE LABS RECEIVES OCIF SUPPORT TO TRAIN TECH WORKERS IN CALGARY

October 10, 2019

Tech talent is vital for Calgary to take advantage of opportunities in the new economy, and Lighthouse Labs will use support from the Opportunity Calgary Investment Fund (OCIF) to expand tech training for Calgarians looking to pivot their careers.

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OCIF SUPPORTS LAUNCH OF HEALTH TECHNOLOGY ACCELERATOR HATCH-YYC

October 9, 2019

The Opportunity Calgary Investment Fund (OCIF) recently announced that it will support the launch of the health technology accelerator HATCH-YYC in Calgary to provide companies a platform to accelerate market access and improve patient care.

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FINGER FOOD ADVANCED TECHNOLOGY GROUP SELECTS CALGARY FOR FIRST ADVANCED TECHNOLOGY CENTRE

September 18, 2019

Finger Food Advanced Technology Group has selected Calgary as the location for its first advanced technology centre to accelerate the incubation of new digital technologies and development of Calgary’s tech and business ecosystems.

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PARKLAND CONSOLIDATES NATIONAL OPERATIONS IN CALGARY TO CREATE 270 NEW JOBS

July 9, 2019

Parkland Fuel Corporation will consolidate its national operations in Calgary with support from the Opportunity Calgary Investment Fund that will see 270 new fulltime jobs created in the city.

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NPOWER CANADA EXPANDS TO CALGARY TO TRAIN YOUTH IN TECH JOBS

May 9, 2019

NPower Canada opened its first location outside Toronto with a location in downtown Calgary that will provide free, short-term training to low income Calgarians ages 18 to 29 interested in careers in the digital economy starting this month.

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UCALGARY LIFE SCIENCES INNOVATION HUB WILL TURN RESEARCH INTO COMMERCIAL VENTURES

February 6, 2019

The University of Calgary will receive $8.5 million from the Opportunity Calgary Investment Fund for programming that will support turning advanced research into commercial ventures at its new Life Sciences Innovation Hub.

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OPPORTUNITY CALGARY INVESTMENT FUND SELECTS ATTABOTICS FOR FUNDING

December 12, 2018

The Opportunity Calgary Investment Fund announces Calgary-based ATTAbotics in the robotics intralogistics sector, will receive up to $4.5 million to expand its operations in the city.

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MOBSQUAD FIRST COMPANY TO QUALIFY FOR OCIF FUNDING

October 4, 2018

MobSquad is the latest addition to Calgary's tech ecosystem in early October 2018 thanks in part to the City’s new investment attraction initiative.

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Recipient stories

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PUTTING CALGARY ON THE GLOBAL LIFE SCIENCES MAP

April 19, 2022

Calgary is home to many ground-breaking business incubators and accelerators that advance companies at all stages of growth. This is especially true of the Life Sciences Innovation Hub (LSI Hub), located in the University Innovation Quarter on the University of Calgary campus.

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UNITY LAUNCHES CALGARY INNOVATION CENTRE

March 30, 2022

Calgary’s growing tech sector is a driver of economic diversification and employment with global companies like gaming and 3D content platform leader Unity Technologies expanding its footprint in the city. Unity unveiled its 25,000 sq. ft. Innovation Centre located in Brookfield Place – a space for creative collisions and industry collaboration.

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CALGARY EMERGES AS FINTECH INNOVATION HUB

October 6, 2021

Calgary’s innovation ecosystem is turning out tech startups across diverse sectors. The city’s leadership in tech innovation in industries like energy and agriculture is well known, but what is gaining attention lately is the city’s new-found strength in emerging sectors like fintech.

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calgary+newsroom+OCIF alum NPower sets companies young Calgarians up for success

OCIF ALUM NPOWER SETS COMPANIES, YOUNG CALGARIANS UP FOR SUCCESS

September 8, 2021

One organization that has carved out a niche for itself helping traditionally underserved youth in Calgary to get started in careers in technology is the 2019 Opportunity Calgary Investment Fund (OCIF) funding recipient NPower Canada.

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OCIF funded AltaML makes a critical difference for Calgary companies V2

OCIF-FUNDED ALTAML MAKES A CRUCIAL DIFFERENCE FOR CALGARY COMPANIES

April 13, 2021

To help navigate the digital journey, TransAlta is working with AltaML through its Applied AI Lab, a work integrated learning program aimed at closing the gap between technical and applied skills for AI and ML.

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SECOND COHORT OF CALGARIANS CELEBRATE NPOWER GRADUATION

January 23, 2020

A group of 32 Calgarians walked the stage, celebrating their successful completion of NPower Canada’s upskilling program. It’s the second cohort to graduate since NPower expanded to Calgary in May 2019, with the support of the City of Calgary and the Opportunity Calgary Investment Fund.

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NPOWER CANADA GRADUATES FIRST COHORT IN CALGARY

August 29, 2019

Emphatic expressions of new-found optimism about career prospects in the digital economy resonated throughout the graduation ceremony for the first cohort from NPower Canada’s tech training program in Calgary.

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Project portfolio

The portfolio of projects supported by OCIF includes investments that support the goals of the economic strategy, Calgary in the New Economy, to embrace innovation and technology to help solve global challenges.

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