Opportunity Calgary Investment Fund (OCIF)
City of Calgary $100 million fund providing grants and equity for high-growth Calgary businesses in technology, life sciences, and creative industries.
About this program
The Opportunity Calgary Investment Fund (OCIF) is a $100 million fund created by the City of Calgary to attract and grow companies in Calgary, with focus on technology, life sciences, transportation/logistics, creative industries, agribusiness/food processing, and tourism. OCIF provides grants and co-investment ranging from $250,000 to $5 million for projects that create jobs, attract talent, support innovation, and diversify Calgary's economy. OCIF has supported expansions, headquarters relocations, ecosystem building (including co-investing in Accelerate Fund III), and major industry-shaping projects.
Eligibility
Companies operating in or considering relocation/expansion to Calgary in priority sectors (technology, life sciences, logistics, creative industries, agribusiness, tourism); project must demonstrate measurable economic impact (jobs, investment, ecosystem benefits); typically 2+ years of operations.
Requirements
- Calgary-region business operation or expansion plan
- Priority sector alignment
- Detailed project plan with quantifiable economic benefits (jobs, investment, GDP)