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Opportunity Calgary Investment Fund (OCIF) │Calgary Economic Development

none

Value

Up to 50 per cent of the proposed project’s budget.

Description

The Opportunity Calgary Investment Fund (OCIF) is a $100 million fund, created from the City of Calgary’s existing reserve in 2018. It was originally created to diversify Calgary’s economy, and it has delivered on that mandate over the past five years.

Looking ahead to the next five years, OCIF is continuing to build a diversified and resilient economy by investing in projects that will accelerate innovation and equip working Calgarians with the skills they will need to succeed – this includes ensuring equity-deserving groups can effectively participate in Calgary’s economy.

Eligible Applicants

To qualify for funding, which can account for up to 50 per cent of the proposed project’s budget, the applicant:

  • Must be registered to do business in Canada
  • Cannot be an individual
  • Can be locally, nationally or internationally based
  • Can be for-profit, non-profit or a public institution
  • Can be a partnership, although a lead applicant must be identified

To qualify for funding the project must:

  • Be located in Calgary
  • Be catalytic and innovative
  • Create economic benefits and jobs in Calgary

Eligible Expenses

Ineligible costs include but are not limited to:

  • Working capital
  • Marketing
  • Market research
  • Prototype development

Deadline Date

Ongoing

Contact

Contact Name: Opportunity Calgary Investment Fund

E-mail Address: ocif@calgaryeconomicdevelopment.com

Website: https://opportunitycalgary.com/about#e2005

Industry:

Employment, Non-Profit

Location:

Alberta

Tags:

Entrepreneurship, Innovation

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Canada

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There is grant money waiting for YOU! BUT if you step in a “grant trap,” your application is a NO! Learn the FIVE most common errors to AVOID in government grants! Get the 5 Grant Gotchas now to save you countless hours.

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