We invest in venture capital funds, not companies.
Formed as an independent corporation in 2008, Alberta Enterprise is a key component of the Government of Alberta’s goal of building a more sustainable, diversified technology industry in Alberta, one where home-grown innovation is encouraged and technology entrepreneurs have greater access to venture capital.
Our mission is to promote the development of Alberta’s venture capital (VC) industry. We achieve this by investing in VC funds that finance early stage technology companies and that have a commitment to Alberta – including a full-time presence in the province. We also support Alberta’s VC ecosystem by connecting investors, entrepreneurs, and experienced technology veterans who share our passion for building a bright, innovative Alberta.
In the long term, our activities will help Alberta claim a larger share of the venture capital invested in Canada. We anticipate venture funds will be more active in pursuing investments here with local lead investors and in looking at Alberta-based companies and technologies. Alberta’s investment community will also be better networked within Alberta, across Canada and internationally.