EDMONTON UNLIMITED RECEIVES $3 MILLION IN FEDERAL FUNDING TO ESTABLISH THE CITY’S NEWEST INNOVATION DESTINATION AND EXPAND INCLUSIVE PROGRAMMING FOR LOCAL ENTREPRENEURS

Source: | · EDMONTON UNLIMITED · | August 30, 2023

To support local innovators, Edmonton Unlimited is thrilled to announce the receipt of a significant federal investment of $3 million from Prairies Economic Development Canada (PrairiesCan), through its Regional Innovation Ecosystems program. The funding was instrumental in the construction of Edmonton Unlimited’s new space at 10107 Jasper Avenue for innovators, operations, program delivery, public events, hot-desking, and strategic partnerships. In addition to capital, the investment will support the city’s innovation agency’s commitment to inclusive innovation, specifically providing Indigenous founders and startups with programming and mentorship as they pursue products and solutions for global markets.

“Inclusive innovation is at the heart of all we do,” said Edmonton Unlimited CEO Catherine Warren. “When we invite, nurture, and build inclusive innovation communities where all innovators have a seat at the table, it translates to novel IP, social cohesion, job creation, economic growth, downtown vibrancy – inspiring a new generation of talent and contributing to a higher quality of life for Edmontonians and people around the globe.”

“Edmonton Unlimited’s new home is already serving as a downtown hub for the important innovation and economic diversification efforts happening across our city,” said Mayor of Edmonton, Amarjeet Sohi. “Thanks to PrairiesCan funding, this new home provides a space for all innovators to start and scale their companies, ultimately creating more jobs and strengthening Edmonton’s economy. Together, we can build a more innovative Edmonton for all of us.”