Ministry of Agriculture and Forestry

Global business accelerators to power growth, opportunities in Alberta tech startup sector

Retrieved on: 
Thursday, September 23, 2021

EDMONTON, Alberta, Sept. 23, 2021 (GLOBE NEWSWIRE) -- Business accelerators with global reach are setting up shop in Alberta to power new growth and opportunities in the provinces burgeoning tech startup sector.

Key Points: 
  • EDMONTON, Alberta, Sept. 23, 2021 (GLOBE NEWSWIRE) -- Business accelerators with global reach are setting up shop in Alberta to power new growth and opportunities in the provinces burgeoning tech startup sector.
  • The accelerators are experienced in vaulting promising startups through scaleup and growth by providing intensive mentoring, networking, access to capital and other opportunities.
  • Alberta Accelerator by 500 500 Global, one of the worlds most active venture capital firms, is launching a one-of-a-kind accelerator to nurture seed-stage tech companies in Alberta.
  • The goal is to support Alberta Innovates in strengthening an Alberta innovation corridor which encompasses Edmonton, Calgary and rural Alberta.