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Welcome to this week's Sunday Briefing. In this issue, read about a $10 million investment in Calgary, plus eight other stories you've probably missed. Have a great day. We'll see you again Wednesday.
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With $10M investment, Eventcombo to establish Calgary HQ, create 250 jobs
Eventcombo, an event technology platform, is investing $10 million over three years to expand its operations and establish a new headquarters in Calgary.
With the support of Invest Alberta and Calgary Economic Development, the company said it intends to create 250 jobs.
“Our mission for global expansion is being accelerated due to rapid adoption of event technology, which has led to increased demand from our existing customer base in the US. To facilitate this growth, we have found a welcoming ecosystem here in Calgary,” said Saroosh Gull, CEO, Eventcombo, in a statement. “With a booming talent transformation and a focus on innovation, we see tremendous opportunities to make a global impact right from within Alberta.”
🗳️ Question of the Week
Do startups in Toronto have an advantage over those in other ecosystems? |
🤝 Funding, Deals + Partnerships
Calgary’s Solarbotics claims top prize in FedEx #BackingSmall Business contest. FedEx awards $100,000 in cash prizes to 31 small businesses across Canada. FedEx Canada
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📰 Need To Know
Vantage Circle, an HR tech company, chose Calgary as its headquarters. The company plans to create up to 250 jobs in the city in the next three years, emulating its previous scaling up in India where it tripled its headcount in three years. Global News
HouseSigma announces expansion and launches in Alberta. Since its launch, HouseSigma has gained popularity among Canadian millennials, becoming a trusted resource for real estate information. Real Estate Magazine
How entrepreneurs in Calgary are using artificial intelligence to build homes. Experts say AI tools are making the construction process faster and more efficient. CBC News
Jason Kenney hired as senior adviser for Calgary tech company. Kenny landed as a senior adviser for Eventcombo, an online platform that helps manage and promote events in Alberta and throughout North America. Calgary Herald
💡 POV: Ideas and Insights
Thomas Park, co-founder of the Asian Canadian Ventures Collective and partner of the BDC Deep Tech Fund on the Toronto-centric nature of Canadian tech
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