Economic Development

Olds is an innovative and progressive communities in Alberta, Canada. It combines the dynamic, entrepreneurial spirit for which Albertans are known with a genuine commitment to sustainable prosperity and quality of life. This translates into a great place to start or grow a business, raise a family or build a new life.

Olds is a welcoming, friendly rural community with big city amenities.

Located less than an hour's drive from both Calgary and Red Deer, Olds is the ideal location for businesses that need easy access to major transportation routes like Highway 2 and Highways 27 and 22. But look no further than Olds for all your shopping, dining, health and educational needs, including an internationally-recognized college.

Olds is passionate about the role technology plays in driving social, environmental, cultural and economic health. It has a leading-edge community engagement site at the Library, as well as the Bell E-Learning Centre on the Olds College Campus. With the installation of a broadband fibre communications network throughout the community, Olds is wired for success!

BUSINESS & INVESTING SERVICES

Are you a business owner looking for guidance and support? The Regional Business Support Network (RBSN) is a free business advisory services are designed to help you navigate challenges and seize opportunities at every stage of your business journey.

What's In It For You?

Whether you're launching, growing, or managing your business, we're here to help. Sign up for our services today and take advantage of personalized, confidential, one-on-one support available both in-person and virtually.Let us help you propel your business towards success, at no cost to you.

Services:

  • Access Financial Capital
  • Marketing & E-Commerce
  • Promotional Services
  • People Management
  • Business Planning
  • Business Mastermind Program
  • Affordable Utilities with Community ROI
  • Navigation, Connection and Pathfinder
  • Succession Planning

LEARN MORE AT WWW.INVESTOLDS.CA/RBSN

 

 

Invest Olds serves to promote Olds as a community of choice and instill confidence in both local and global investors. By capitalizing on its “investment ready” reputation, Invest Olds strives to contribute to a healthy economic environment and facilitate conversion of opportunities into actual investment in the community and region.

 

Operating as a cohesive and dynamic team, Invest Olds provides local and global investors personal Concierge service. Investors are aligned with fifteen technical specialist to assess and advance viable investments quickly. Through the Concierge, investors are personally walked through every important step from planning and development right to ribbon cutting - making doing business friendly and easy.  

LEARN MORE AT WWW.INVESTOLDS.CA

 

BUSINESS RESOURCES

Business Licences

All businesses operating within the Town of Olds require a Town of Olds Business Licence. Some businesses need permits as well. 

If you are starting a new business, you can use BizPal to help you find whether any more licences or permits are required by the province.

BUSINESS LICENCE APPLICATION FORMS

    Business Licence Fees

    Fees are outlined in the Town of Olds Rates Bylaw

    Yearly Business Licence

    • $125.00 per year - if the business has a permanent location within the Town. (Resident business.)
    • $225.00 per year - if the business doesn't normally operate within the Town. (Non-resident business.)

    Licences are valid for the calendar year, from January 1st to December 31st.

    Half-Year Business Licence Fees

    If this is your first time getting a business licence, between July 1st and December 31st the fee is only 50% of the yearly fees above.

    Temporary Business Licence Fees

    • Resident Business (Temporary) - $25.00 per 4 consecutive weeks

    • Non-Resident Business (Temporary) - $50.00 per 4 consecutive weeks
    Questions on Business Licences?

    For questions please e-mail emailplanning@olds.ca or call 403-507-4806.

     

    Non-Residential Tax Incentive Program

    Beginning February 1, 2023, eligible businesses may apply to this program. Eligibility criteria include:

     

    Business Directory

    The business community in Olds is made up of approximately 800 businesses in a wide range of categories. All businesses operating within the corporate boundaries of the Town can be found in the Town of Olds Business Directory.

     

    For information on setting up a business in the Town of Olds, please visit the Town's Business Licencing page.

    For information on businesses operating in the Olds area, but outside of official Town boundaries, please visit the Mountain View County website. 

     

    Business Organizations

    Business organizations in Olds include the Olds Chamber of Commerce and Uptowne Olds.