Technology in Alberta

As a plug for the local technology industry, we report that the Government of Alberta has just announced a few economic measures aimed at tech companies:

  • Starting January 1, 2009, companies will be able to take advantage of a refundable tax credit worth 10% of eligible expenditures on scientific research and experimental development up to $4 million for a maximum annual credit of $400,000.
  • $100 million is earmarked to establish the Alberta Enterprise Corporation. This government entity will provide early-stage venture capital for technology start-ups by co-investing in early-stage venture capital funds.

Calgary – 10:00 MST

No comments

No comments yet. Be the first.

Leave a reply

You must be logged in to post a comment.