OCIF Publishes Q4 2020 Report

As Council's representative on both Calgary Economic Development and the $100M Opportunity Calgary Investment Fund (OCIF), I am very proud of the work that the OCIF team has delivered. The Q4 2020 Report is out now!

OCIF's key highlights and commitments include:

• 14 companies awarded OCIF funding (11 local and 3 new entrants across sectors)
• 15:1 of leveraged investments with $42 million of OCIF funds committed, which spurred $636 million of investment in the community
• 1900 Calgary-based jobs created
• 1800+ newly trained tech talent
• 440,000 sq feet of office/industrial space absorbed
• 190 new companies started through incubators/accelerators, which will have follow on effect and increase the number of jobs and office space absorption and is not accounted in the reported OCIF metrics

The full report can be found here: https://lnkd.in/gGSMa34