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Central Alberta Regional Innovation Network

CARIN Blog – December 1, 2021


Our Mission:


CARIN’s mission is to foster the entrepreneurial spirit that is present in Central Alberta and help technology and knowledge-based companies move from idea to export in a faster, more seamless way. Our goal is to add diversity to the Central Alberta economy through the support and promotion of companies seeking innovations in smart agriculture, advanced manufacturing, and energy, among other sectors. CARIN’s members offer advisory on many different fronts; from mentoring to exporting, to help you find funding, there is a CARIN member that can help your business grow.



Alberta is encouraging innovation and technology to create a more diversified economy


Innovation and Technology:

Alberta has strong economic fundamentals, favourable demographics, a highly educated workforce, and the most liveable cities. Alberta continues to be one of the best places in North America to invest. Innovation and technology help to attract job-creating private-sector investment from across Canada and around the world to make Alberta’s economy the most diversified in North America. Alberta’s role in a responsible, global energy future is by diversifying the energy sector and growing the clean hydrogen production to meet national and international demand. Alberta is creating an environment where businesses in the rapidly growing technology sector can flourish by implementing the recommendations of the Innovation Capital Working Group. Alberta is working to develop a technology and innovation strategy and recapitalizing the Alberta Enterprise Corporation with a $175-million investment to support technology companies and provide access to capital for early-stage companies.


The entrepreneurial ecosystem – from Alberta Innovates:


Alberta Innovates supports the entrepreneurial ecosystem and their client’s innovation journey from mind to market. It all starts with an idea or a problem, and then with patience, support, and some capital, it begins to flourish and grow. The Post-Secondary Investments programs invest in Alberta’s post-secondary institutions to strategically develop capacity in people, key infrastructure, collaborations, and projects necessary to create innovative solutions within emerging technology areas of Alberta’s knowledge-based economy. We help build an entrepreneurial mindset amongst Alberta’s post-secondary and researcher population.

Entrepreneurial Investments programs help high-growth, high-potential small and medium enterprises (SMEs) reduce the time it takes to commercialize their new technology and knowledge-based products, and to scale their business. They help entrepreneurs through the critical stages of committing, validating, and scaling.These two program areas complement each other. Budding entrepreneurs coming out of Alberta’s post-secondaries, who received support from Alberta Innovates as students, can apply for new supports from Entrepreneurial Investments. There is a hand-off from one business line to the other, and that can happen almost seamlessly.


Catalyst Incubator – Powered by CARIN


There are many different reasons why someone would want to be an entrepreneur, from the flexibility it gives you to wanting to change the world with your idea. In Alberta, we are lucky to have so many resources at our fingertips to help start, finance, and build a company. An incubator is a program to help identify and accelerate the most promising startups. Are you thinking of starting a business but not sure if it’s for you or where to start? From idea to export, the new incubator is here to help build new business in Central Alberta. To sign up for the incubator, fill out the form at https://www.ca-rin.ca.


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