OCIF invests in SAIT to bring innovation to Calgary's construction and manufacturing sectors

The Opportunity Calgary Investment Fund (OCIF) will invest $996,000 over three years in the Alternative Construction Technologies (ACT) Hub at Southern Alberta Institute of Technology (SAIT) to accelerate the development of new construction and manufacturing materials and processes.

As part of the Centre for Innovation and Research in Advanced Manufacturing and Materials (CIRAMM), one of four centres of expertise within SAIT Applied Research and Innovation Services, the ACT Hub will support 36 Calgary companies and develop 24 talent positions between 2024 and 2027.

Supporting population growth with advances in construction technology

With the kind of population growth Calgary is experiencing, the construction sector is crucial to housing supply, said Calgary Mayor Jyoti Gondek.

OCIF’s investment in the ACT Hub will enable the construction and manufacturing sector to achieve long-term growth based on emerging technologies, adding momentum to build a resilient city and diversified economy in Calgary.

Support from OCIF investments will foster opportunities for local small and medium-sized businesses to pose challenges to researchers and students who develop, test and validate new solutions that can be directly applied to industry.

The collaboration will leverage the ACT Hub’s space and technology to bring innovative solutions to the construction industry and develop cutting edge manufacturing techniques and material science.

Calgary Construction Innovation

The ACT Hub will foster innovations such as robotics in prefabrication of housing, automated modular construction, 3D printing of structures, development of carbon negative building products, etc. Additionally, the ACT Hub will focus on upcycling construction materials and creating new green composite materials for various construction applications.

“OCIF's mission is to identify, inspire and nurture innovation in our city and through this investment it will further strengthen connections between industry and our post-secondary education institutions and, more importantly, allow students to gain hands-on experience while building the technologies of the future,” said Brad Parry, CEO of Opportunity Investment Fund and president and CEO of Calgary Economic Development.

OCIF is one of the most effective tools to help diversify and ensure the resilience of Calgary's economy. By fostering collaboration among Calgary's best talent, the ACT Hub will scale innovative, industry-led solutions for the construction and manufacturing industries.

OCIF Investment Helps Develop Innovative Workforce

As Calgary continues to grow rapidly, advances in these areas will create resources for manufacturers, developers and construction material suppliers to meet the city's new infrastructure demands.

This aligns with Calgary's Uplook economic action plan priority of driving innovation through real-world applications of new solutions. This strategic investment aims to increase efficiency, improve quality, reduce costs and minimize environmental impact of construction projects.

To support the adoption of these technologies, the hub will provide students with opportunities to operate state-of-the-art equipment, develop new technical skills and collaborate with industry.

“This funding will provide Calgary's construction industry with valuable access to manufacturing and materials expertise and specialized research facilities,” said Vis Naidoo, SAIT vice-president of continuing education and professional studies.

“As one of Canada’s top research universities, SAIT is well positioned to collaborate towards improving efficiency, sustainability and productivity in the construction industry.

OCIF joins PrairieCan, the Natural Sciences and Engineering Research Council of Canada (NSERC) and Alberta Innovates as lead funders of the ACT Hub.

To date, OCIF has allocated approximately $84 million to 30 projects, creating or retaining more than 3,000 jobs, creating or expanding more than 800 businesses, generating approximately $900 million in economic activity and generating revenues 10 times the committed funds.

Find out how the Opportunity Calgary Investment Fund is helping diversify Calgary's economic future.

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