The Opportunity Calgary Investment Fund (OCIF) is committing up to $675,000 over the next three years to QAI Ventures to bolster Calgary’s emerging quantum technology sector and accelerate the development of homegrown talent and startups. The strategic investment will support a two-phase program — a pre-accelerator and an accelerator — to train 54 individuals and […]
Opportunity Calgary Investment Fund (OCIF)
Lufthansa Technik Establishes Western Canada HQ in Calgary
Calgary has landed a significant aerospace industry win as Lufthansa Technik (LHT) establishes its Western Canada headquarters at the city’s airport. The move marks a major step in positioning Calgary as a leading hub for aviation innovation, talent, and industry collaboration. The decision by LHT, a global leader in aircraft maintenance and repair, is expected […]
OCIF Invests $709,000 in SAIT Aerospace Lab to Boost Calgary’s Economy
The Opportunity Calgary Investment Fund (OCIF) has announced a three-year investment of up to $709,000 in the Southern Alberta Institute of Technology’s (SAIT) Aerospace Composite Materials Lab (ACML). This initiative aims to strengthen Calgary’s aerospace sector, diversify the local economy, and address critical workforce skill gaps. The funding will enable the ACML to enhance Calgary’s […]
Calgary Invests in Tech Talent Development Through TECHNATION Partnership
The Opportunity Calgary Investment Fund (OCIF) is committing $862,500 to TECHNATION to support 250 work-integrated learning (WIL) placements in Calgary’s tech sector over the next seven months. This investment aims to strengthen the city’s tech talent pipeline while promoting economic diversification. “Calgary is continuing to demonstrate its leadership as a tech hub,” said Mayor Jyoti […]
Boost Your Aerospace Innovation: Apply Now for Innovate Calgary’s Aerospace Accelerator Program
Do you have innovation that addresses challenges faced by the aerospace sector? If you need a boost to launch your solution on the market, this accelerator program may be for you. Funded by Calgary Economic Development’s Opportunity Calgary Investment Fund and Prairies Economic Development Canada, and supported by inaugural industry partners including WestJet, the Calgary Airport Authority, and Chapter AI Ventures, […]
OCIF Invests $996,000 in SAIT’s ACT Hub to Boost Construction Innovation
Today the Opportunity Calgary Investment Fund (OCIF) announced an investment of almost $1 million over three years into the Southern Alberta Institute of Technology’s (SAIT) Alternative Construction Technologies (ACT) Hub to accelerate new construction and manufacturing materials and processes development. Part of the Centre for Innovation and Research in Advanced Manufacturing and Materials (CIRAMM) within […]
OCIF invests in Platform Calgary’s National Bank Investor Hub
The Opportunity Calgary Investment Fund (OCIF) announced today it will provide up to $400,000 to Platform Calgary to support the National Bank Investor Hub to unlock capital for underrepresented founders. The National Bank Investor Hub helps broaden the city’s investor pool and creates more opportunities for Calgarians to build their companies. This investment, over 28 […]
Going Beyond the Blue Sky: Calgary Aims at Aerospace Sector with Innovation, Funding
There was a stir of controversy when Calgary recently nicknamed itself “Blue Sky City”—a city which already boasts multiple organically grown titles, including Stampede City and Cowtown. The rebranding effort involved a whopping 129 organizations across 26 sectors over two years and, among other intentions, reflects Calgary’s statistically-backed reputation as Canada’s sunniest city (based on […]
Taking a Closer Look at Alberta’s Quietly Emerging Aerospace Sector in 2024
Techcouver recently reported on British Columbia’s innovation in aerospace. We wondered: Does Alberta have it too? And we did not have to dig deep into the archives to withdraw some evidence that, yes, the province of Alberta is too dabbling amidst the cosmos. “Our aerospace sector is thriving,” Calgary Mayor Jyoti Gondek stated just last […]
City of Calgary Invests $3.9 Million Toward Launch of Local Aerospace Innovation Hub
Calgary is moving forward with the launch of an Aerospace Innovation Hub. Innovators in the aerospace sector will soon gain access to funding, business support, and technology validation in real-world settings at the forthcoming hub, according to a statement from Calgary Economic Development. The hub is enabled by an investment of $3.9 million over four […]