Calgary investment organization receives $950K to support entrepreneurs

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A Calgary-based investment organization has received an infusion of $950,000 to help connect investors with local startups.

From left to right: Colleen Pound, Proxure; Deana Haley, Calgary Economic Development; Vanessa Stockbrugger, National Bank; Dr. Terry Rock, Platform Calgary; and Oladipupo Alli, Migr8.

“This investment will help Calgary startups access capital sooner, reduce barriers for new investors to enter Calgary’s innovation scene and create more opportunities for Calgarians to achieve their biggest ambitions,” Brad Parry, CEO of OCIF and president and CEO of the Calgary Economic Development, said in the news release.

The project has received a total of $1.23 million to date, from the National Bank of Canada, PrairiesCan, Platform Calgary and the Opportunity Calgary Investment Fund.Fire tears through Calgary strip mallCanadian acting legend Donald Sutherland dies at 88, son Kiefer says A 26-year-old driver was issued two violation tickets and had his BMW impounded after crashing into a parked car in Langford, B.C., while allegedly impaired by cannabis, according to police.

 

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