The Opportunity Calgary Investment Fund

The Opportunity Calgary Investment Fund was created by the City of Calgary in 2018 with a mandate to accelerate diversification and strengthen our economy. In 2025, City Council invested an additional $60 million in the fund, reinforcing OCIF's role as a key tool for growing Calgary's economy. WE FIND, FUEL AND FOSTER THE FUTURE. We’re shaping Calgary’s economic future by finding opportunities with the greatest potential benefit to the city, fuelling those opportunities with capital and fostering their success by integrating each investment into a network of resources and people. WHO CAN APPLY We fund a wide range of initiatives. These can be based locally, nationally or internationally—as long as the project is located in Calgary and delivers measurable economic benefits to the city. OCIF targets to fund up to 35 per cent of the proposed project's budget. Any matching contributions must be monetary. Eligible organizations: ▪ Non-profit/not-for-profit organizations ▪ For-profit organizations ▪ Public entities Projects must: ▪ Focus on economic diversification, technology-driven innovation or skills training ▪ Attract, create and retain jobs ▪ Have specific, measurable outcomes ▪ Have a detailed project budget with multiple funding sources ▪ Be located in Calgary We fund projects that: ▪ Attract companies, capital and talent to Calgary ▪ Unlock capital for startups and scaling companies ▪ Strengthen Calgary's key sectors and foster cross-sector collaboration ▪ Develop programs that help companies start, grow and scale ▪ Advance innovation and commercialization infrastructure ▪ Support workforce development and upskilling ▪ For select programs: salary and contractor costs directly tied to project delivery We don’t fund: ▪ Product/prototype development or commercialization activities of individual companies ▪ Business-as-usual activities ▪ Communications, marketing or public relations ▪ Working capital ▪ Municipal tax relief ▪ Market research