Innovation hub instrumental to growth of aerospace in Calgary

Aerospace Innovation

An insightful piece by Calgary Economic Development discussing the trajectory of the aerospace industry in Calgary, and highlighting the role of the new Aerospace Innovation Hub in catalyzing growth and unlocking boundless opportunities for the city’s aerospace sector.

From the article:

Calgary is emerging as a centre for innovation in aerospace, where entrepreneurs and visionaries can test and validate solutions and accelerate and scale their companies.

Earlier in 2024, the Opportunity Calgary Investment Fund (OCIF) announced an investment of $3.9 million over four years into the Aerospace Innovation Hub (AIH), where the event was held.

At AIH, the city’s aerospace innovators gain access to funding, business support and the ability to validate their technologies in real-world settings.

“Our vision is to make Calgary an aerospace hub that is nationally and internationally recognized. AIH provides an opportunity for large and small companies throughout Alberta to test items and scale to that next level,” said Kimberley Van Vliet, Director, Aerospace Innovation Hub.

Between 2024 and 2028, the AIH is expected to support incubator programming for up to 180 companies and create 150 net new skilled, indirect jobs. AIH will directly fund six companies through the accelerator program aimed at upskilling and attracting talent to the province.

For the full story: The Future of Aerospace in Calgary