British Columbia’s provincial government recently announced a new BC Tech Strategy, focused on supporting the expanding tech sector. The strategy has three main pillars: capital, talent, and markets.
The first pillar is comprised of a BC Venture Capital Investment fund of $100MM that will be used to fill some of the need for access to investment for entrepreneurs and young startups in their initial stages.
Day two of the BC Tech Summit includes a talk on the opportunities that the cleantech sector has to make resource-based industries better, cheaper, and cleaner. While our dependence on resource industries will not dwindle anytime soon, through the help of innovative, sustainable solutions, we will make industries like fisheries, mining, forestry, and oil and gas cleaner, more efficient, more effective, and increasingly valuable.