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The students, and startups, standing out in Cagary's tech scene.
Welcome to this week's Sunday Briefing. In this issue, read about the 10 companies splitting $58 million in sustainability funding and the top InceptionU students who got $1,000 from Athennian co-founder Shane Fast, plus eight other stories you may have missed. Have a great day. We'll see you again Wednesday.
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10 companies split $58M in funding for innovative sustainability projects
Alberta is committing $58 million for circular economy projects in the province worth $528 million in public and private investment. The funding is through Emissions Reduction Alberta (ERA) and is sourced from the province’s Technology Innovation and Emissions Reduction (TIER) fund.
Some examples of technology solutions receiving funding through ERA’s Circular Economy Challenge include producing high-quality fertilizer for farmers, recycling asphalt from roof shingles, sequestering carbon in concrete, and novel plastics recycling.
“A more sustainable, diversified provincial economy requires using our resources more wisely, we need to think about waste as a resource rather than a cost. This investment in converting waste into other uses is going to make a real difference,” said Justin Riemer, CEO of Emissions Reduction Alberta.
Read which companies secured between $500,00 and $10 million in Calgary Tech Journal.
🤝 Funding, Deals + Partnerships
InceptionU students were awarded a $1,000 bursary from legaltech firm Athennian. The bursary is meant to support up-and-coming tech talent and spotlight their journey. Calgary Tech Journal
Clinify secured $2 million from Thin Air Labs and other investors. Calgary Tech Journal
📰 Need To Know
Applexus is bringing its Canadian HQ to Calgary. The digital innovation company plans to create 125 jobs in the city in the next 5 years. Calgary Tech Journal
Platform Calgary announced that long-time entrepreneur and executive Jen Lussier has been appointed to the role of chief operating officer at the organization. Details
SAIT is set to receive a more than $900,000 investment from the Government of Alberta to support apprenticeship education through the creation of 134 new seats across eight programs for the skilled trades. Details
Real Ventures is partnering with Panache Ventures and Inovia to relaunch its venture-backed startup accelerator FounderFuel. BetaKit
Mark your calendar: Startup TNT Agtech Investment Summit - Finale. March 23
💡 POV: Ideas and Insights
Simon Sokol from Relay Ventures, joined Evan McCann on The Hard Part podcast to discuss Simon’s path into venture, why he co-founded his own fund Gambit Partners and his thoughts on the Canadian venture space. Listen now
Chris Varcoe, writing in Calgary Herald: Alberta's incentive programs notch another win as tech firm brings HQ to Calgary
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