After launching in 2022, the program was part of the province’s goal to ramp up the technology industry by nurturing small- to medium-sized businesses. The provincial government has invested $35 million into the program over three years as part of Alberta’s goal to help create 20,000 jobs and increase technology firm revenue to $ 5 billion by 2030.
As one of the businesses who went through the accelerator program, he said he wouldn’t have had the same rate of success without the funding or mentorship provided. Salman said his family immigrated to Canada before the internet. At the time he had to use paper maps for bus routes and said as someone who barely spoke English it was difficult to navigate the system.hen the money is tight, when you don’t understand the system and you cannot navigate the culture challenges around it — i
t basically puts that immigrant two to three years back,” said Salman. “It takes five to seven years for a new immigrant to buy a property to basically finally find a good job.”Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter.
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