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Thrive is starting out hiring three people, with plans to expand their platform.
Hartnett said Calgary was chosen for their Canadian base partly because of a strong talent pipeline of entrepreneurs. They also wanted to set up in a place where agriculture is a strength.
Alberta Minister of Jobs, Economy and Innovation Doug Schweitzer said the growth of technology companies in Alberta is an encouraging sign for the future.
“It’s quite an exciting time for us to see Alberta get on the map, and working with a partner like Thrive internationally is key for us and our entrepreneurs to learn quickly, get that mentorship fast and access global markets.”
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The City of Calgary will become the first Canadian municipality to invest directly in a venture capital fund to spur the growth of its local tech sector.
The city’s Opportunity Calgary Investment Fund (OCIF) the $100-million city fund created in 2018 to support projects that will create jobs, help diversify the economy and expand the property tax assessment base has issued a request for proposals for a venture partner to invest in a fund that will invest in Calgary-based, early-stage startups that have early revenues and are starting to grow. The successful applicant will likely be announced in July, said Mark Blackwell, OCIF’s board chair.
CALGARY There will now be three current city councillors seeking the mayor s chair in this October s civic election after Jeff Davison announced his intentions Wednesday afternoon. On Wednesday, he announced his intention to run for mayor. Calgary is one of the best places to live anywhere. As a dad to three young kids, I’m running to help keep it that way, he said. What you’ve seen from me in the past four years is what I’m all about. Calgary has what it takes to move beyond the devastating last few years. It’ll take the right leader to make that happen. I’m that leader.”
Coun. Jeff Davison joins race for Calgary mayor
A third city councillor has joined the race to become Calgary s next mayor, adding to a growing list of candidates and a growing number of council seats up for grabs in October s election.
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Outgoing Calgary Economic Development CEO Mary Moran was praised Thursday for her efforts to grow and diversify the local economy during one of the most difficult periods in the city’s history.
Moran’s abrupt retirement from CED was announced by the organization late Wednesday. Neither Moran nor anyone else from the organization or its board would do an interview or provide comment, either that afternoon or Thursday.
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However, city politicians and leaders of Calgary’s burgeoning tech sector were quick to thank Moran for her six years at the helm of the non-profit economic development agency.