University of Alberta grads contribute $250 billion to the global economy every year — roughly the equivalent of the GDP of New Zealand.According to the survey, U of A alumni have founded more than 75,000 companies and employ 922,000 people worldwide. Together, they have invested $8.7 billion in 59,000 startups and $12.1 billion in 122,000 established businesses varying from health care to arts and entertainment. There are currently more than 300,000 U of A grads around the world.
The survey found that 71 per cent of grads work for Alberta-based organizations. Of the 922,000 people employed worldwide by alumni-founded companies, 560,000 of them are in Alberta — more than 22 per cent of the province’s total workforce.
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