Downtown Post-Secondary Institution Incentive Program
$15 million
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.
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.
About the author
Maurice
