Calgary tech start-ups gain access to scale-up supports, expanding investment and growth opportunities

The Calgary Chamber of Commerce’s President and CEO, Deborah Yedlin, issued the following statement on the arrival of business accelerator Plug and Play Alberta:

Calgary, November 9, 2021 – “The arrival of Plug and Play Alberta means our tech entrepreneurs will have more opportunities to build and scale-up tech innovation right here in Calgary. Plug and Play will be a catalyst for businesses to connect with resources that enable growth and investment and expand the research and development necessary to scale operations.

“Global clean technology activity is expected to exceed $2.5 trillion by 2022 and Canada has established a target for clean technology to be one of Canada’s top five exporting industries by 2025. Aligning with this target, initiatives like Plug and Play Alberta focus on expanding innovation in specific areas of digital health and green tech. Such innovations will position Alberta as a sustainable and responsible energy leader and match local solutions with global challenges to address issues like climate change and public health.

“This announcement is a perfect example of the collaboration needed to diversify our economy and propel industry to grow, compete and succeed. All three orders of government are at the table alongside partners like the Opportunity Calgary Investment Fund (OCIF) and Alberta Innovates, to help our tech sector achieve its potential. We look forward to supporting future, similar collaborations to fuel our economic recovery, create jobs and diversify our foundations to build a sustainable and prosperous future.”

About the Calgary Chamber

The Calgary Chamber is an independent non-profit, non-partisan business organization. For 130 years, the Chamber has worked to build a business community that nourishes, powers and inspires the world.

For media inquiries, please contact Arianne Brady, Communications Manager, at media@calgarychamber.com or at 403-750-0414.