Downtown Post-Secondary Institution Incentive Program

Amount:

$15 million

Type:

Subsidy

Description:

The Downtown Post-Secondary Institution Incentive Program (PSI Program) is part of the Downtown Calgary Development Incentive Program. It offers financial incentives to Calgary’s post-secondary institutions to establish or increase their presence downtown.

Comments on Funding:

The City of Calgary – Provide a grant of $50 per square foot of existing office space successfully converted for post-secondary institution use. The total funding available per project is up to $15 million, unless City Council approves a greater amount.

Deadline:

Continuous Intake.

Eligibility:

Business

Application Steps:

Submit an inquiry to the program team at downtownstrategy@calgary.ca.

Documentation Needed:

No specific document was identified.

Other Things to Note:

In July 2024, the Council approved an updated Terms of Reference for this program. This update is meant to improve collaboration between post-secondary institutions and The City. Please read the updated Terms of Reference for detailed information about the program.

Link Guide:

Maurice

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Canada to identify and maximize funding to grow their business.

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