US EditionOpportunity Calgary Investment Fund receives $60 million to scale local businesses
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Opportunity Calgary Investment Fund receives $60 million to scale local businesses
Calgary’s City Council has approved $60 million in new funding for the Opportunity Calgary Investment Fund (OCIF) in a bid to foster economic growth. The plan will draw $15 million per year in non-repayable funds from the city’s Fiscal Stability Reserve. Part of Calgary Economic Development, OCIF will have to provide yearly progress reviews to receive each slice of the new fund. “How do we make sure we have the talent to allow those companies t…
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