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Seattle’s Applexus To Establish Calgary Presence With $1.4 Million IGF Grant from the Government of Alberta

February 15, 2023 by Newsdesk Leave a Comment

Seattle’s Applexus is establishing a presence in Canada thanks to a $1.4 million IGF grant (Investment and Growth Fund) from the Government of Alberta.

Applexus is a global technology leader offering business consulting services, SAP solutions and products to customers across multiple verticals like retail, fashion, and consumer products.

Applexus will use the funds to invest in the development of new technology, hire additional staff, and expand its reach to better serve its clients.

“The IGF grant will allow us to take our company to the next level, help strengthen our presence, expand our offerings, bring new jobs to the region, and positively impact the community. We’re grateful for the support of the Government of Alberta, as we work to build a stronger and more diverse economy for the state,” said Applexus’ CEO and founder Sam Mathew.

As a consulting firm, Applexus spends a lot of time and money traveling to customer sites, and Calgary as an air travel hub provides convenient, fast, and economical access to its clients in the US market.  Alberta’s new Immigration Program for tech professionals will also enable Applexus attract skilled professionals from outside North America. 

Applexus is committed to working with local partners to create new opportunities to ensure that the new delivery center is aligned with the needs and priorities of the community and stands as a driver for economic growth in the region.

“We are excited to establish ourselves in the growing and vibrant technology sector of Calgary and hope to use this opportunity to make a valuable impact in the community,” said Dan Ratchford, Vice President and Head of Delivery – Canada, “The IGF grant will allow Applexus to penetrate new regions to elevate and reinforce its presence, serve a wider audience, absorb a multi-faceted and exceptional talent base, and bring new and innovative services to the province and the country.” 

Applexus also received significant support from Invest Alberta and Calgary Economic Development to navigate the funding application process.

“Calgary has the talent pipeline, access to global markets and competitive business environment for technology leaders like Applexus to thrive,” said Brad Parry, President & CEO, Calgary Economic Development. “With one of the fastest-growing tech workforces in North America, Calgary is a city of innovation and opportunity where bright minds and big ideas come together to do game-changing work across industries.”

Photo: Calgary Herald

Filed Under: News Tagged With: Applexus

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