Venture capital statement: Martin Long

August 19, 2022 Charffy Wang 0

Parliamentary secretary for small business and tourism Martin Long issued the following statement in response to the Canadian Venture Capital and Private Equity Association’s second-quarter report: “Thanks to the Alberta government’s determination to diversify the provincial economy, attract investment, and create jobs, Alberta’s venture capital investment has continued its sustained, […]

Attracting investment to Alberta’s Industrial Heartland

August 15, 2022 Julia Mackay 0

Aug 12, 2022 A pilot project in Alberta’s Industrial Heartland will reduce red tape and streamline regulatory approvals to help attract new investment and create good jobs for Albertans. The Designated Industrial Zone, or DIZ, aims to make industry operating in Alberta’s Industrial Heartland more competitive by addressing application backlogs, […]

Agri-food industry flourishing in Alberta

July 14, 2022 Navneet Dhillon 0

Alberta has reached key investment milestones, attracting almost $1.5 billion in new agri-food investment and creating about 3,000 jobs for Albertans since 2019. With a focus on diversifying and maximizing growth opportunities in new and emerging industries, the province has reached the investment milestone one year earlier than expected. The […]

Alberta Women Entrepreneurs to receive $3 million in funding to provide more access to capital for women entrepreneurs

May 17, 2022 Julia Mackay 0

from Alberta Women’s Entrepreneurs, originally published May 13 MAY 13, 2022 – Alberta Women’s Entrepreneurs will receive $3 million in grant funding through the Women’s Economic Recovery – Capital Growth Initiative. The Capital Growth Initiative is part of the Alberta’s Recovery Plan and the additional loan fund is now available to support […]

University of Alberta spinout DrugBank closes $9 million from Brightspark, Amplitude, Theodorus to fuel drug discovery with its data platform

May 1, 2022 Jing 0

Training machine learning (ML) and artificial intelligence (AI) algorithms requires quality data. In the pharmaceutical sector, obtaining this data can be tough because most of the knowledge about drugs is contained in scientific publications in an unstructured text format. Enter Edmonton-based DrugBank, which uses a “hybrid approach” that involves AI, natural […]

Setting Alberta’s path for tech sector growth

April 12, 2022 Diana Feng 0

Alberta’s government has released its strategy to strengthen the technology and innovation sector, create jobs and diversify the economy. Technology is a major economic driver and job creator in Alberta, and technology and innovation are essential for growth and success in all industries – from energy, cleantech and agriculture to […]

New legislation spurs innovation in finance sector

March 30, 2022 Diana Feng 0

Proposed legislation would help diversify the economy by making it easier for finance and fintech companies to develop new products and services in Alberta. If passed, Bill 13, the Financial Innovation Act, will create a regulatory sandbox for financial services and fintech companies. Regulatory sandboxes offer businesses temporary relief from certain […]

Announcing the Winners of the 2021 Ember Awards

February 9, 2022 Celia Nicholls 0

Digital Alberta is pleased to announce the winners of the 2021 Ember Awards. Their panel of national (and international) judges selected the winners based on the originality, impact, and quality of execution of their projects. The Ember Awards were created nearly 15 years ago to celebrate the digital excellence of individuals […]

Accelerating Cleantech Innovation in Oil and Gas: New Program for Start-ups

February 5, 2022 Jing 0

CRIN and Canada Cleantech Alliance (CCTA) are collaborating on a program to accelerate early-stage cleantech innovations in the oil and gas sector. The program includes training and mentorship to enable solution developers to deliver and successfully commercialize innovations that will reduce the oil and gas sector’s emissions and footprint. Cleantech companies interested in participating should apply […]

Growing Alberta’s tech sector

January 15, 2022 Diana Feng 0

A new immigration pathway will attract tech-savvy newcomers from across the globe to help diversify Alberta’s economy and support the emerging tech industry. The Accelerated Tech Pathway will support Alberta’s Recovery Plan and strengthen Alberta’s workforce by providing a fast track to permanent residence for highly skilled tech professionals who […]