City creates fund to help accelerate growth of tech and innovation sector

The City of Calgary is investing $4 million to create a fund to accelerate the growth of the local tech and innovation sector. Opportunity Calgary is partnering with Thin Air Labs, an incubator for new technology businesses. Together they aim to raise $20 million. In an article in the online magazine Betakit, which covers Canadian startups and innovation, Thin Air managing partner James Lochrie told reporter Megan Simpson that Alberta's innovation economy is surging.  “It’s just