Alberta Enterprise invests in seed and venture capital funds that focus on technology innovation. We invest on standard industry terms and conditions, and require the fund to have a full-time presence in Alberta. In addition, we target fund managers with partners and network extending well beyond Alberta.

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Structural requirements of our target investments include:

Fund size and structure

  • Venture capital limited partnership
  • Preferred minimum fund size $50 million
  • Standard General Partner management fees
  • Standard terms and conditions


  • Minimum two managing partners
  • Venture capital or private equity fund management experience
  • Operational experience in early stage technology firms
  • Personal networks in targeted industries
  • Demonstrated deal flow and track record

Alberta Micro Fund Investments

Above criteria apply, with the following adjustments:

  • AEC investment anchors emerging managers establishing a long-term presence in Alberta.
  • Firm must be headquartered in Alberta for the life of the fund (minimum one partner and majority of staff located in Alberta) .
  • Minimum fund size $25 million ($10 million closed and $5 million from AEC).
  • At least two partners, contributing a combined minimum of 1.5 FTE of their business time to the fund.
  • Early-stage investment focus.


Alberta Enterprise was established to make venture capital available to knowledge-based industries, which include the following sectors:


Information Technology 

Software, cloud computing, telecom, the Internet of Things, artificial intelligence, machine learning, blockchain


Industrial Technology

Energy and clean energy tech,
industrial internet of things, materials, mining


Life Sciences

Biotechnology, nutraceuticals, advanced food manufacturing, ag tech, health/wellness, medical devices