Olds College part of new agriculture technology investment in Alberta
Olds College is among a partnership aimed at supporting one of the world’s largest agriculture technology accelerators in locating its Canadian headquarters to Calgary.
The Opportunity Calgary Investment Fund (OCIF) in partnership with Alberta Innovates, the Canadian Agricultural Partnership, Alberta Ministry of Agriculture and Forestry, and Olds College will be providing up to $2.5 million dollars to support the establishment of SVG Ventures | THRIVE’S Canadian subsidiary with its headquarters located in Calgary.
“We are delighted to announce the establishment of our Canadian subsidiary and look forward to engaging with the ecosystem to invest, accelerate, and scale high-potential Canadian start-ups,” said John Hartnett, Founder & CEO, SVG Ventures | THRIVE, in a press release.
Through its Canadian operations in Calgary, SVG Ventures | THRIVE is anticipated to mentor and facilitate investment in start-ups chosen to participate in THRIVE Canada. SVG Ventures | THRIVE plans to hire three Calgary-based employees to manage the THRIVE Canada platform, programs, and corporate innovation engagements.