Administered by Government of Alberta · Last verified: July 2026
OCIF is a City of Calgary investment fund that backs local companies expanding their operations and projects that bring new investment to targeted sectors of Calgary's economy. It invests in scaling businesses, innovation hubs, and sector-building projects, often alongside other government partners. Funding is decided on a project basis after you submit an interest form and work with Calgary Economic Development.
Review times vary by program, from a few weeks to a few months, so check the official page for its timeline. Grant money is usually paid after you sign a funding agreement, and cost-shared programs often reimburse you once you send proof of what you spent.
Take the 3-minute quiz to find out, and see every other Canadian program you qualify for at the same time.
Check my eligibilityOpportunity Calgary Investment Fund (OCIF) is generally open to incorporated businesses, in Alberta, in Technology & Software, Manufacturing, Agriculture, Healthcare & Wellness, Creative & Media, Other. Confirm the full criteria on the official program page before applying.
The estimated value is Typically $1 million to $10 million per project, depending on scope. The actual amount depends on your eligible costs, the program's budget, and approval.
1. Complete the OCIF interest form to see if your project fits 2. Connect with the Calgary Economic Development OCIF team 3. Prepare a project proposal with economic impact metrics 4. Work through the OCIF review and approval process
Rolling intake through interest form.
Up to $75 per square foot of converted office space
INCENTIVELoans up to approximately $1,000,000 (average around $70,000)
INCENTIVERequires $100,000+ investment; pathway to permanent residence