--- title: Why Alberta sees so little venture capital but may have ‘a winning hand’ description: Alberta has been falling short on securing venture capital, but the experts say a turn into the tech sector and the restoration of a provincial investor tax credit could make a difference. Over 2 billion dollars of venture capital was invested into Canada for entrepreneurs, but not even 1% of that was invested into Alberta. […] image: https://blog.zerokey.com/hubfs/Imported_Blog_Media/zerokey-tech-1.jpg --- [![Zerokey](https://blog.zerokey.com/hs-fs/hubfs/raw_assets/public/ZeroKey_October2020/images/logo-dark.png?width=357&height=300&name=logo-dark.png "Zerokey")](https://zerokey.com/) [![Zerokey](https://blog.zerokey.com/hs-fs/hubfs/raw_assets/public/ZeroKey_October2020/images/logo.png?width=357&height=300&name=logo.png "Zerokey")](https://zerokey.com/) - Products - [Safe Space](https://zerokey.com/products/safe-space) - [Smart Space](https://zerokey.com/products/smart-space) - [Development Kit](https://zerokey.com/products/development-kit) - [Technology](https://zerokey.com/technology) - [About](https://zerokey.com/about) - [Contact](https://zerokey.com/contact) - [Careers](https://zerokey.com/careers) - [News](https://zerokey.com/post_grid/zerokey-news) - last-link - Products - [Safe Space](https://zerokey.com/products/safe-space) - [Smart Space](https://zerokey.com/products/smart-space) - [Development Kit](https://zerokey.com/products/development-kit) - [Technology](https://zerokey.com/technology) - [About](https://zerokey.com/about) - [Contact](https://zerokey.com/contact) - [Careers](https://zerokey.com/careers) - [News](https://zerokey.com/post_grid/zerokey-news) - last-link # Why Alberta sees so little venture capital but may have ‘a winning hand’ ![](https://blog.zerokey.com/hubfs/Imported_Blog_Media/zerokey-tech.jpg) Alberta has been falling short on securing venture capital, but the experts say a turn into the tech sector and the restoration of a provincial investor tax credit could make a difference. Over 2 billion dollars of venture capital was invested into Canada for entrepreneurs, but not even 1% of that was invested into Alberta. This is the most critical initial funding a start-up needs to get their business going. The drop in oil and gas prices is related to the lack of investment in Alberta and has made a huge impact on bringing investment into the province, because the main focus is the energy sector. Currently there are over 1000 start-ups in Alberta alone, many focusing on the IT category. In order for investors to start financing this sector, they require much more knowledge for them to feel like they have a strong understanding of the technology, they like solidity and like to know what they are getting involved with. Calgary is not recognized for the tech industry, however, it is definitely growing in Alberta.  As an entrepreneur in the Calgary area, our CEO Matthew Lowe, is familiar with the struggles it takes to secure that funding. He says there is a big push for tech companies here and for the investors to attract the tech and vice versa, “but it will take more time and proper infrastructure to be in place for real change to happen”. Source: [https://www.cbc.ca/news/canada/calgary/alberta-venture-capital-report-cvca-1.5265277](https://www.cbc.ca/news/canada/calgary/alberta-venture-capital-report-cvca-1.5265277) ## Related articles ### [How ZeroKeys Safe Space Technology is Helping Companies Get Back to Scale Safely Hailey Monar March 29, 2021](https://blog.zerokey.com/blog/news/how-zerokeys-safe-space-technology-is-helping-companies-get-back-to-scale-safely) ### [ZeroKey: Driving optimization through digital transformation Hailey Monar March 10, 2021](https://blog.zerokey.com/blog/news/zerokey-driving-optimization-through-digital-transformation) ### [Calgary-based tech company zeros in on new location innovation Milan Janicek November 24, 2020](https://blog.zerokey.com/blog/news/calgary-based-tech-company-zeros-in-on-new-location-innovation) [![Zerokey](https://blog.zerokey.com/hs-fs/hubfs/raw_assets/public/ZeroKey_October2020/images/logo-symbol.png?width=132&name=logo-symbol.png "Zerokey")](https://zerokey.com/) ###### Calgary Head Office 3120 - 12 St. NE Calgary, Alberta T2E 8T3 ###### Sunnyvale Office 1250 Borregas Ave #28 Sunnyvale, CA 94089 - Company - [Products](https://zerokey.com/products) - [About](https://zerokey.com/about) - [Contact](https://zerokey.com/contact) - [Careers](https://zerokey.com/careers) - Resources - [Download Center](https://zerokey.com/downloads) - [Help Center](https://zerokey.com/knowledge-base) - Social Media - [Twitter](https://twitter.com/ZeroKey3D) - [LinkedIn](https://www.linkedin.com/company/zerokeyinc/) © 2026 Zerokey, All rights reserved. - [Terms & Conditions](https://zerokey.com/products/safe-space/terms.html) - [Privacy Policy](https://zerokey.com/products/safe-space/privacy.html)