Edmonton

The City of Edmonton is a municipal government that provides grants and funding to support economic development, environmental initiatives, and community vibrancy. It offers various programs, such as the Edmonton Edge Fund, to help businesses start and grow. The City also has an Investment Committee that manages a portfolio of internal funds, including the Ed Tel Endowment Fund (valued at over $1 billion), to ensure the city's long-term financial sustainability. These funds are not for venture investing but provide dividends for the city's budget.