Calgary is poised for a vibrant future.
The Opportunity Calgary Investment Fund (OCIF) is committed to finding, fueling and fostering opportunities with unparalleled potential to bring prosperity to all Calgarians. With an 12x return on funding and over 3,500 jobs created and retained, OCIF is one of the most effective tools our city has to help ensure our economy is diversified and resilient.
OCIF's Impact
Did you know, for every dollar invested by OCIF, Calgary experiences a 12x return on funding committed. To date, this has spurred up to about an impressive $1.1 billion in economic activity. Our investments, totalling over $95 million across 64 projects, have yielded:
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3,999 jobs
3,999 jobs created or retained
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1,040 companies
1,040 companies created or scaled
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$77 million
$77 million in additional leveraged funding from government partners
Through our partnership with OCIF, Plug and Play is connecting Calgary companies to our global network, helping them scale, innovate, and contribute to the city’s growth on the world stage.
OUR IMPACT IN 2024
Get insights into our achievements, explore where we're headed and how we're driving progress towards a prosperous future for all, together. Dive into our 2024 Annual Report now.
Read report
Recent Calgary Stories
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Lufthansa Technik
In February 2025, the Opportunity Calgary Investment Fund (OCIF) announced its investment of up to $2.5 million over four years into Lufthansa Technik's (LHT) Canadian maintenance, repair and overhaul headquarters to position Calgary as an emerging aerospace hub. The LHT Facility will focus on testing next-generation engines and alternative fuel types, paving the way for transformative advancement in aviation.
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Platform Calgary
OCIF provided $400,000 to Platform Calgary for the National Bank Investor Hub to unlock capital for underrepresented Calgary-based founders. The National Bank Investor Hub helps broaden the city’s investor pool and creates more opportunities for Calgarians to build their companies. OCIF's investment will be help engage and educate up to 40 investors and connect them to Calgary startups led by underrepresented founders and/or with missions focused on equity, diversity, inclusion and accessibility (EDIA).
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Thin Air Labs
OCIF’s $4 million investment in Thin Air Labs Fund I in 2022 supported early-stage companies and helped accelerate the growth of the technology and innovation sector in the city. Since OCIF’s investment, Thin Air Labs Fund I has invested in 17 Calgary companies, including Quickly and Fillip, that recently raised $15 million in Seed financing.
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Life Sciences Innovation Hub
OCIF invested $8.5 million in the Life Sciences Innovation Hub in 2019, to help position Calgary as a major global life sciences hub. Since OCIF’s initial investment the Life Sciences Innovation Hub has attracted $121M in value of incremental private sector investment, assisted 374 small and medium sized enterprises, and created 554 indirect High Qualified Personnel jobs in Canada, positioning Calgary as one of the main hubs in Canada to build life-science based companies.
OCIF and Thin Air Labs funding enabled us at Syantra to build a foundation to expand into the U.S. in 2024.
OCIF in the news
OCIF INVESTS UP TO $1 MILLION IN XPAND COMMERCIALIZATION HUB TO ACCELERATE DEFENCE AND DUAL-USE TECH
October 23, 2025
OPPORTUNITY CALGARY INVESTMENT FUND AWARDS FUNDING TO THE KNOWLEDGE SOCIETY TO EXPAND CALGARY’S FUTURE-READY YOUTH ACCELERATOR
September 22, 2025
CALGARY LAUNCHES A MULTI-MILLION AVIATION TRAINING FACILITY TO FUEL AEROSPACE INNOVATION AND TALENT PIPELINE
September 10, 2025
Join us in shaping Calgary's economic future.
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