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
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