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Finding, Fueling And Fostering the Future

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 11X return on funding and almost 3,000 jobs created and retained, OCIF is one of the most effective tools our city has to help ensure our economy is diversified and resilient.

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OCIF's Impact

Did you know, for every dollar invested by OCIF, Calgary experiences a 11x return on funding committed. To date, this has spurred up to about an impressive $925 million in economic activity. Our investments, totaling over $86 million across 34 projects, have yielded:

* as of March 21, 2025

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3,000 jobs

Almost 3,000 jobs created or retained
900 companies

almost 900 companies created and scaled
$34 million

$34 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.

Saeed Amidi, Founder & CEO, Plug and Play

OUR IMPACT IN 2023

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 2023 Annual Report now.

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Recent Calgary Stories

Southern Alberta Institute of Technology
In July 2024, the Opportunity Calgary Investment Fund (OCIF) will announced its investment of up to $996,000 over three years into Southern Alberta Institute of Technology’s (SAIT) Alternative Construction Technologies (ACT) Hub to accelerate the development of new construction and manufacturing materials and processes.
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).
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.
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.