The Opportunity Calgary Investment Fund, together with PrairiesCan, Alberta Innovates, CIBC, Avatar Innovations, and Pathways Alliance, is committing more than $10 million to expand the ETC Foundation. The initiative includes a 17,000-square-foot downtown workspace and new programming to support clean energy innovation.
Over four years, ETC expects to train 60 individuals, support 30 companies, and incubate 10 ventures. Building on OCIF’s 2022 investment, the Foundation has already backed more than 60 startups that raised $500 million in capital. Leaders say the expansion reinforces Calgary’s role as Canada’s energy capital and positions Alberta to capture growth from the global energy transition.
Want to know more? Check out the source code on CleanEnergy.ca.