Edmonton startup in race to develop lab-grown meat

Industry poised for rapid growth

Edmonton startup in race to develop lab-grown meatA fast-growing Edmonton startup company that’s a new player in the cellular agriculture sector recently received US$2.2 million from three U.S. venture capital firms and a number of private investors. Future Fields, which was incorporated in 2018, was founded by two University of Alberta graduates and a former U of A employee. All but two…

Critical reagents needed for COVID-19 testing now produced in Canada

Up until now, Canada has been highly dependent on foreign suppliers

Critical reagents needed for COVID-19 testing now produced in CanadaUniversity of Alberta spinoff company Applied Quantum Materials Inc. (AQM) is using its chemical production expertise to partner with Alberta Health Services (AHS) and Alberta Precision Labs to provide critical reagents needed for COVID-19 testing. “These reagents – or ‘magnetic beads’ – used in standard nucleic acid testing are the gold standard for molecular tests,” said Stacey Hume, associate professor in…

New accelerator launched to commercialize innovations

New industry-led accelerator will address the earliest barriers faced by researchers just starting on the path to commercialization

New accelerator launched to commercialize innovationsThe University of Alberta and a local business consultancy firm, with the backing of the federal government, have launched a new accelerator program specifically designed to increase the number and quality of commercial ventures at the earliest stages coming out of the university. Innovation Masterminds Edmonton (imYEG) stems from a partnership between the U of…

Investing in green future easier said than done for Alberta

Capitalizing on an educated workforce and taking a hard look at taxation would help the province diversify its post-pandemic economy, according to U of A experts

Investing in green future easier said than done for AlbertaGrowing Alberta’s sustainable energy sector alongside its conventional energy backbone might be a short-term remedy for pulling the province out of its current financial crisis, but University of Alberta economists say it won’t necessarily help the province compete globally. Joseph Doucet, dean of the Alberta School of Business, agrees that investment in a greener future…

Modular home maker aims to be world beater

The resource price crash of 2014 forced Horizon North to turn its old business model on its head

Modular home maker aims to be world beaterA high-end home built by an oil-and-gas logistics company? Now, that’s disruptive technology at work. Disruption is a way of life now for Horizon North, a company that has had to be exceptionally nimble after the resource price crash of 2014 turned its old business model on its head. Created as a spinoff from Mullen…

Alberta tech sector in early stages of development but maturing

Almost a third of tech companies in the province are led by a female founder or co-founder: survey

Alberta tech sector in early stages of development but maturingThe 2018 Alberta Tech Deal Flow Study released by Alberta Enterprise Corp. indicates nearly one in four companies are earning more than $1 million annually. Findings revealed Alberta offers significant early stage opportunity for tech investors, with 54 per cent of companies surveyed at the Pre-Series A stage and 70 per cent of Alberta tech…

Why the Alberta technology sector can’t seem to pull ahead

Dispatches from the Alberta technology trenches

Why the Alberta technology sector can’t seem to pull aheadNow that the energy industry is no longer the engine of growth it once was, Albertans are finally waking up to a cruel reality; we’ve put all our economic eggs in one (carbon-emitting) basket. Albertans' new urgency to diversify their economy will require changing the way we do things. At a minimum, we will need…

Innovative Alberta startups a bright spot in economy: BMO

The Canadian economy has begun to moderate, but business owners remain positive, report says

Innovative Alberta startups a bright spot in economy: BMOAlberta's economy is softening in large part due to the weaker oil sector backdrop, with gross domestic product growth expected to come in at 1.5 per cent this year, according to the BMO Blue Book released on Tuesday. “While business sentiment, overall, remains cautious, innovation in technologies geared towards oil exploration and pipeline management remains…

Province moves to ‘supercharge’ energy diversification

Energy Upgrading Unit intended to help Albertans get more value from the resources they own

Province moves to ‘supercharge’ energy diversificationThe Alberta government is establishing a new Energy Upgrading Unit, which it says will “supercharge energy diversification” across the province. “Alberta is a world leader in energy with the expertise and innovation to refine our energy into products the world needs. Instead of shipping jobs south, we’re going to keep them here, where they belong.…

Report highlights Alberta’s continued economic vulnerability

Fundamental to diversification of Alberta’s economy is the contribution of small business innovation: ABCtech

Report highlights Alberta’s continued economic vulnerabilityUncertainties in the oil and gas industry and government deficits have weakened industry sentiment that Alberta is economically resilient, according to a report released Monday by the Alberta Council of Technologies (ABCtech). The report also said there’s an associated decline in the sentiment that the province’s innovation ecosystem is effective for supporting small business innovation…

Innovate Calgary is turning discovery into commerce

Peter Garrett talks about how Innovate Calgary helps to bring ideas to life

Innovate Calgary is turning discovery into commercePeter Garrett is associate vice-president of research and innovation at the University of Calgary and CEO and president of Innovate Calgary. Calgary’s Business: What is Innovate Calgary and its purpose? Garrett: Innovate Calgary is the knowledge transfer and business incubator centre for the University of Calgary. We help bridge the gap between discovery and innovation…

How to seed Alberta’s future as a tech giant

It’s time for the provincial government to get involved in tech development by providing venture capital insurance

How to seed Alberta’s future as a tech giantYou hear a lot of talk these days that Alberta needs to “go green” and that technology should be to the 21st century what energy was to the 20th. But if the energy industry is supplanted, how will the Alberta government replace the billions of dollars in resource royalties that flow into its treasury every…

Planting the seeds for Alberta’s next innovation generation

Rainforest Alberta is connecting Alberta innovators to create conversations and relationships that could be incredibly important to the province’s future

Planting the seeds for Alberta’s next innovation generationHere’s a word to add to your vocabulary: autopoiesis. It’s not likely you'll ever drop it in casual conversation but it should help frame any discussion about the next generation of Alberta innovation. A Greek word, autopoiesis refers to systems that sustain and nurture themselves. The concept is rooted in biological systems but the underlying principles are now used…