Alberta offers the ideal environment to launch or scale a tech company. A young, diverse and educated workforce, great quality of life and a cohesive ecosystem provide businesses with a solid foundation for success.
Alberta’s tech sector is maturing and investors are taking note. For the fifth consecutive year, the province experienced another record-breaking year for venture capital investment in 2022. Four Calgary-based tech companies: Benevity, Solium Capital (now Shareworks by Morgan Stanley), RS Energy Group (now Enverus Intelligence Research Inc.) and Parvus Therapeutics have reached unicorn status.
Alberta is well-positioned to attract global tech firms to scale up their North American footprint while attracting investment into early-stage tech startups. Alberta is home to the second most private equity firms in the country and boasts policies and incentives that mirror the province’s entrepreneurial mindset.
LEADER IN AI RESEARCH AND ADOPTION
Edmonton is one of three hubs at the core of the Government of Canada’s Pan-Canadian AI Strategy, designed to leverage and grow the country’s expertise in artificial intelligence (AI) and machine learning (ML).
The province’s AI ecosystem is supported by the Alberta Machine Intelligence Institute (Amii) which brings together academics and entrepreneurs to advance the adoption of AI. Amii has been critical to attracting the talent, innovation and capital needed to grow Edmonton into a global AI hub.
Where is Alberta?
Alberta is one of the best places to do business.
With access to a talented workforce, low-cost environment and ease of doing business, in Alberta, you can make it happen.
Low tax rates leave companies with more to invest in people, research and growth.
Alberta is a leader in environmental, social and governance stewardship.
Home to two vibrant international cities, Calgary and Edmonton.
More per capita investments than any other province.
The province is an internationally connected transport hub and export oriented.
The young, talented workforce has the highest labour productivity in Canada.
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Alberta Success StoriesSee All Alberta Stories
A green view: $2.5B clean hydrogen investment coming to Alberta
When Northern Petrochemical Corporation was searching the globe for a home for its proposed $2.5 billion clean hydrogen complex, they found it in the Alberta Peace Region. On November 10, 2021, Northern Petrochemical President and CEO, Geoff Bury, signed a historic land purchase agreement in Grande Prairie with the Municipal District of Greenview for a…Read More
A new leaf: GoodLeaf chooses Alberta for new vertical farm operation
Alberta is adding GoodLeaf Farms to its growing list of innovative agri-food companies looking to grow Canadian operations and take advantage of Alberta’s welcoming business climate. GoodLeaf operates proprietary indoor vertical farming systems that use modern technologies to grow varieties of leafy greens year-round without pesticides or herbicides. The company’s new 74,000-square-foot indoor vertical farm…Read More
A prime example: Amazon Web Services makes high-impact $4.3B investment in Alberta tech
Alberta’s vibrant tech sector continues to see international investment—this time with a record $4.3 billion investment by 2037 from Amazon Web Services to build a new cloud computing hub in Calgary, announced November 8, 2021. Calgary—a city often known for its energy headquarters—has become home to billions in investment from tech innovators in recent years….Read More
Air Products Canada announces $1.3B hydrogen plant
In June 2021, Air Products Canada announced the construction of a $1.3-billion hydrogen plant in Alberta’s Industrial Heartland. The plant would produce hydrogen-fuelled electricity and liquid hydrogen for transportation, as soon as 2024.Read More
Amazon’s first Canadian wind farm project coming to Alberta
On November 16, 2023, Copenhagen Infrastructure Partners started construction on Canada’s largest wind project. Amazon has signed a power purchase agreement with the Buffalo Plains wind farm to power their local operations, including AWS data centre and Amazon fulfillment centres. This marks Amazon’s fourth renewable energy project in Canada and comes on the heels of…Read More
Attabotics revolutionizes logistics with robotics
Listed as one of CNBC’s 50 top disruptors in 2020, Attabotics is revolutionizing supply chains and fulfillment centres. Its storage and retrieval systems integrate leading robotics, AI and Internet of Things (IOT) technology to solve complex problems. Attobotics recently raised a total of $82 million in Series C funding and received over $30 million in…Read More