Partnership to Create New Investment Opportunities for Calgary's Tech Sector
Source: | · PLATFORM CALGARY · | September 19, 2023
National Bank of Canada and Platform Calgary have announced a new strategic partnership focused on improving the connections between investors and Calgary technology startups. National Bank is committing $380,000 over four years to establish the “National Bank Investor Hub” located at the Platform Innovation Centre. National Bank will also become a core partner of the Platform Pillar Team.
Through the establishment of the “National Bank Investor Hub”, Calgary will add a key asset to continue growing the local technology sector. The “National Bank Investor Hub” will drive faster connections between investors, founders, ideas, and capital. Benefits to the local innovation economy will include:
A centralized access point for international, national, and local investors, funds, venture capital groups, angel investors, banks, family offices, and private equity groups looking to expand their investment portfolios and tie into local tech startup activity.
A source of credible training and professional development for investors interested in technology as an asset class.
A physical hub for startups to connect with investors at an earlier stage, decreasing the time required for the startup to build interpersonal connections with investors before the need for capital is urgent.
National Bank of Canada also joins the Platform Pillar Team. The Platform Pillar Team includes a full complement of professional service providers who are committed to strengthening and growing the innovation ecosystem via direct support and advisory to entrepreneurs growing their businesses.
“Calgary continues to set records for venture capital attraction. By creating better linkages between Calgary based entrepreneurs and investors, Calgary’s innovation community will have another asset to accelerate Calgary’s position as a global tech hub. National Bank’s investment in Calgary speaks to our emerging position as the best place in the world for anyone to start and grow a tech focused business,” says Terry Rock, President & CEO of Platform Calgary.