• $100M TOTAL FUND

    The fund was created from the City of Calgary’s existing reserve.

  • 26 PROJECTS SUPPORTED

    Funded projects demonstrate bravery, innovation and clear social and economic benefits.

  • $82M FUNDS COMMITTED

    Our projects support multiple sectors: agribusiness, technology, training, energy, and more.

DRIVING INNOVATION AND GROWING KEY ECOSYSTEMS

OCIF was created by the City of Calgary in 2018 as a catalyst to attract investment, drive innovation, and spur transformative economic development in the city.

The Fund is a powerful financial tool to position Calgary as a location of choice for business investment, develop our tech-skilled workforce, and accelerate the implementation of the community-built economic strategy Calgary in the New Economy.

Projects that receive OCIF backing are driving innovation and growing the ecosystems in key sectors that position Calgary to lead digital transformation in Canada’s industrial sectors.

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Economic Benefits

Increases direct investment in Calgary and tax revenues.

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Job Creation

Increases quantity and quality of full-time direct and indirect jobs.

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Innovation and Sector Benefits

Fosters disruptive innovation to create competitive advantages.

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Alignment with Key Industries

Facilitates growth in key sectors in Calgary in the New Economy.

Calgary in the New Economy
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Alignment with Strategic Initiatives

Supports government or private-sector innovation initiatives.

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Social Benefits

Provides specific benefits to Calgarians and the environment ecosystem.

FREQUENTLY ASKED QUESTIONS