These targeted investments will help seven Alberta businesses and organizations in various sectors navigate a rapidly evolving economic landscape
Today, the Honourable Eleanor Olszewski, Minister of Emergency Management and Community Resilience and Minister responsible for Prairies Economic Development Canada (PrairiesCan), announced federal investments of over $10.9 million for seven Alberta-based businesses and organizations leveraging artificial intelligence (AI), digital adoption and advanced manufacturing. These investments will help them grow, diversify and adapt to a rapidly evolving economic landscape.
Building on the Prairies' established strengths in areas such as artificial intelligence and technology, today's announcement reinforces the province's reputation as an innovation hub.
They include:
- Over $1.9 million for RAM Elevators + Lifts to expand the manufacturing capacity of its elevators and lifts for home and commercial spaces.
- $1.8 million for samdesk to commercialize and accelerate marketplace adoption of its AI-powered platform for crisis and travel risk management.
- $2.5 million for Promise Robotics to establish a robotics-driven homebuilding factory that will support the production of sustainable and affordable homes.
This strategic investment advances the Government of Canada's commitment to building a stronger, more resilient Canadian economy.
