Opportunity Calgary Investment Fund invests in QAI Ventures to develop quantum talent and startups
- Editor
- Mar 21
- 1 min read
Whats Happening:
The Opportunity Calgary Investment Fund (OCIF) is investing up to $675,000 over three years in QAI Ventures to accelerate quantum talent and startup development in Calgary. This investment aims to enhance the city's quantum innovation pipeline and position Calgary as a leader in applied quantum technology.
Key Moves:
OCIF invests up to $675,000 in QAI Ventures over three years
Investment will train 54 individuals in quantum technology
Three Calgary-based companies will receive capital investment after graduating from the accelerator program
By The Numbers:
OCIF has allocated over $86 million to 34 projects to date
OCIF-funded projects have created or retained over 3,000 jobs
OCIF investments have generated over $900 million in economic activity
Key Quotes:
"Calgary has demonstrated to the world that our city is the place to be if technology is your passion," said Calgary Mayor Jyoti Gondek.
"By supporting the development of quantum talent and startups, we're not just investing in technology—we're investing in the people and ideas that will drive Calgary's economic future," said Brad Parry, CEO of OCIF.
"We see huge potential in sectors like finance, life sciences, and energy where quantum technologies can drive transformative change," says Alexandra Beckstein, CEO of QAI Ventures.
Bottom Line:
OCIF's investment in QAI Ventures represents a strategic move to position Calgary as a global hub for quantum innovation. By fostering talent development and supporting local startups, this initiative aims to diversify Calgary's economy and drive technological advancement in key sectors such as finance, life sciences, and energy.
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