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PrairiesCan Invests $25 Million In 15 Companies to Create 800+ Jobs

January 19, 2023 by Robert Lewis Leave a Comment

The federal government is investing over $25.5 million, through PrairiesCan and the Jobs and Growth Fund, in 15 Calgary and area businesses to scale-up and create new opportunities for job seekers.

In total, the initiatives are expected to help support 800+ jobs, and assist businesses to access the talent, technology, and resources they need to bring Alberta-made innovations to new domestic and global markets.

“Calgary is where innovative companies thrive because of our leading business environment that invests in scaling homegrown solutions into global enterprises. The support by PrairiesCan of high potential Calgary companies shows we are a city with bright minds, big ideas and the backing to expand to new markets and create quality jobs across diverse sectors,” said Brad Parry, President and CEO, Calgary Economic Development.

Examples of projects receiving support include:

  • Headversity is receiving over $6 million to expand its digital mental health technology platform to support the caregivers of youth facing mental health challenges.
  • Kathairos is receiving more than $3.9 million to grow its emission reduction business which helps to eliminate greenhouse gas emissions from oil and gas well sites.
  • PurposeMed is receiving over $3.5 million to scale-up operations and extend delivery of complex telehealth solutions to at-risk and underserved communities in Canada.
  • Harvest Builders is receiving $3 million to build an online talent platform to grow the tech sector across the Prairies.

“With this support from PrairiesCan, Harvest Builders is further strengthening our role in addressing the crucial talent gaps that are hindering the growth of the Prairie tech sector. Our project will focus on closing the talent and skill gaps startups and scaling technology ventures are faced with, and position Alberta and Western Canada globally as a competitive and resilient market for innovation,” said Graeme Harrison, President, Harvest Builders.

Filed Under: News Tagged With: Harvest Venture Builders, headversity, Prairies Economic Development Canada, PurposeMed

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