| Alberta Investment Climate |
Alberta Ranks Number One
The Fraser Institute's Provincial Investment Climate Index evaluates public policies that create and sustain positive investment climates. In 2009, Alberta earned an overall score of 8.5 out of 10 and was clearly Canada’s top province for investment. Alberta received a score of 10 out of 10 in the areas of Corporate Income Tax, Personal Income Tax and Corporate Capital Tax. |   |
TechRev Innovators: Outstanding Companies in the Calgary Region
TechRev is an initiative founded by Alberta Advanced Education and Technology, Calgary Economic Development and Calgary Technologies Inc. to increase awareness of and investment activity in the technology sector in the Calgary, Alberta region. 132 companies were nominated for TechRev Innovators in 2009. The following is a list of the final 10.
3esi - 3esi developed a first-of-its-kind Oil and Gas Enterprise Software Solution aimed at managing a diverse portfolio of assets.
Circle Cardiovascular Imaging - Circle Cardiovascular was founded in 2007, providing the foundation and infrastructure for developing the world’s leading cardiology imaging software, CMR42.
CoolIT Systems - CoolIT designs and sells liquid cooling systems for computer CPUs and GPUs, and is currently collaborating with DELL as a stepping-stone to dominating the niche.
Evoco - Evoco is trusted by thousands of retail and real estate development clients throughout North America for design, construction, remodeling, compliance and facility management projects.
Oncolytics Biotech - While conducting research at the University of Calgary in the mid-1990’s, Dr. Patrick Lee and two research assistants realized they were working with an agent that could become a therapeutic drug to treat cancer.
Print Audit - Print Audit is a global leader in producing software designed to help companies reduce and recover their costs from printing and photocopying.
Replicon - As a pioneer in the web-based timesheet software market, Replicon successfully harnessed the Internet as a sales and marketing platform, offering “Software as a Service” solutions.
SMART Technologies - SMART is considered a pillar of Calgary’s technology sector, recognized around the world for its revolutionary smartboard technology.
Solium Capital Online - The idea behind Solium Capital, and the product known around the world as Shareworks™, is straightforward yet ambitious – to change the way employee stock purchase plans are administered and accessed.
Tynt Multimedia - Initially, Tynt was a tool used to add fun details to a person’s profile on social networking site. The technology has since been reworked to monitor user engagement on websites. | | |
Revolutionary Nanotechnology Based Coating
Edmonton, Alberta company Quantiam Technologies ,has developed a nanotechnology-based coating, which can significantly reduce energy and maintenance costs at plants that produce olefins. The olefin industry produces products such as plastics, antifreeze and lubricants. Quantiam is ready to build a 35,000-square-foot, $9.2 million manufacturing plant in Edmonton that will provide replacement coatings for production furnaces. The coatings will allow furnaces to work at a 50-degree-lower temperature, thus reducing wear and corrosion. This means that maintenance shutdowns at olefin plants will be required every two years instead of every month, resulting in significant cost savings. | | |
| Alberta Research & Development |
Alberta Home to Two New Bio Medical Centres
Federal and provincial governments, research funding agencies and the University of Calgary are partnering to create two centres that will foster innovation and the commercialization of biomedical technologies. An investment worth $7.4 million will establish the Biovantage - Alberta Ingenuity Centre. An additional investment of $7.3 million will establish the Bose Biomaterials and Tissue Engineering Technology Development Centre. The new centres aim to develop technologies and better treatment methods in areas such as stroke, Alzheimer’s, arthritis, osteoporosis, and heart disease. | | |
University of Calgary Teams Up with the Makers of BlackBerry®
The University of Calgary’s (U of C) Schulich School of Engineering is receiving funding from Research In Motion (RIM) to explore topics related to advanced wireless location technologies and their use in mobile devices. The three-year $1.3 million project will also be cost-shared by the federal and Alberta governments. "Alberta is home to some of the world’s best talent and research focused on location-based technologies" said Paul Kempf, VP, Silicon at Research In Motion. On August 17, 2009, RIM, maker of BlackBerry® smart phones, topped Fortune magazine’s 100 Fastest Growing Companies list. | | |
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We thank the Alberta Government Library for their support in researching content for this newsletter.
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