Report paints Calgary’s startup ecosystem in a positive light

The 2025 Global Startup Ecosystem Report has Calgary ranked inside the top 50 cities globally when it comes to having an emerging startup ecosystem.

In the 2025 Global Startup Ecosystem Report, Calgary was ranked inside the top 50 cities globally when it comes to having an emerging startup ecosystem.

Specifically, the report cites the city’s talent affordability and “bang for your buck” for startup companies setting up shop.

While the results are a positive step forward, there’s still a push to keep the momentum moving.

“I think one of the big things for us is unlocking the capital. There’s a lot of wealth in our city, and I think for us, what we need to see is local investors invest in local companies,” said Brad Parry, president and CEO of Calgary Economic Development.

“And the second piece for us is procurement. We need Calgary companies to buy Calgary products and services from our startup and ecosystem players.”

Parry says diversifying the city’s economy into sectors like life sciences and agriculture has helped make Calgary a global up-and-comer.