Exciting new initiative to better serve our community

Thursday, January 11, 2018 5:25 PM UTC

CALGARY, AB, Jan. 11, 2018 -- In September, 2017, the Board of Directors of Innovate Calgary announced its approval of a plan to move forward with a new corporate structure in order to better serve clients and the innovation community.

Effective January 1, Innovate Calgary has separated into two fully independent organizations, each focused on delivering a subset of the mandate of the previous organization.

The first organization will operate temporarily as Calgary Technologies Inc (CTI) while undergoing a renaming and rebranding initiative. CTI will be led by Interim CEO Evan Hu and Interim Board Chair Heather Herring. CTI assumes responsibility to provide advisor, programming and tenant services to community-based innovation-driven entrepreneurs and enterprises. Services are offered in the Inc. co-working space, the Alastair Ross Technology Centre, as well as the Nucleus hub in downtown Calgary. An executive search for the CEO position is being managed by the CTI Board of Directors.

The second organization will operate as Innovate Calgary under the leadership of CEO Peter Garrett and Board Chair Ed McCauley. Innovate Calgary will assume responsibility for providing tech transfer office and business incubation services to the University of Calgary. Working closely with the Office of the Vice-President (Research), services will continue to be offered to all University of Calgary faculty, researchers and students.

Attachments:

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/ee1dafdc-b99a-4aa1-b9ec-032e3aa8b9b2

Meghan Ockey
Media Relations Advisor, CTI
403-837-3112
[email protected]

Editor's Picks

Breathing through your nose when you exercise may make your runs easier

Entrepreneurs are facing a mental health crisis — here's how to help them

Are fish oil supplements as healthy as we think? And is eating fish better?

Will AI kill our creativity? It could – if we don’t start to value and protect the traits that make us human

Does AI have a right to free speech? Only if it supports our right to free thought

How can I lower my cholesterol? Do supplements work? How about psyllium or probiotics?

Why we need to set limits on sperm donation

Aging with a healthy brain: How lifestyle changes could help prevent up to 40% of dementia cases

Seven techniques to avoid weight regain, approved by experts

Exciting new initiative to better serve our community

Editor's Picks

Welcome to EconoTimes