Alberta’s tech sector is slowly recovering from mostly self-inflicted wounds that threatened to leave the fledgling industry behind Canada’s tech leaders in B.C., Ontario and Quebec.
In 2019, the Alberta government eliminated incentives for investors to fund the province’s tech startups, prompting some venture capital, private equity, individual backers and angel investors to take their money elsewhere.
As 2021 draws to a close, there are some in the sector who believe Alberta is finally experiencing a resurgence, with help from a more supportive government and investors who are more willing to open their wallets.
Investment is climbing, confidence is growing and some early-stage developers and
This story was originally published on CBC News. To read the rest of this news worthy story, please visit https://www.cbc.ca/news/canada/calgary/investment-alberta-tech-sector-1.6259467?cmp=rss.