Innovate BC

B.C. cleantech businesses receive $2M from Innovate BC and NRC IRAP through BC Fast Pilot

Retrieved on: 
Monday, December 4, 2023

By providing up to $200,000 in funding for each project, the BC Fast Pilot program enables B.C.

Key Points: 
  • By providing up to $200,000 in funding for each project, the BC Fast Pilot program enables B.C.
  • “To build a greener Canada, NRC IRAP is helping small and medium-sized businesses fully leverage the technologies they are developing and take their ideas to market.
  • “The BC Fast Pilot program isn't just about driving innovation; it's about shaping the future we want to leave for generations to come,” says Innovate BC Interim President + CEO, Tomica Divic.
  • “We are thrilled to support these innovative Canadian companies and help them bring their ideas to life.”
    Become an Innovate BC Insider to be first to know when applications open for Innovate BC funding.

Innovate BC Awards $1.365M to B.C. R&D Projects Solving Real-World Challenges

Retrieved on: 
Tuesday, September 26, 2023

VANCOUVER, B.C., Sept. 26, 2023 (GLOBE NEWSWIRE) -- Last night at an awards ceremony in Vancouver, Innovate BC awarded $1.365M to five B.C.

Key Points: 
  • VANCOUVER, B.C., Sept. 26, 2023 (GLOBE NEWSWIRE) -- Last night at an awards ceremony in Vancouver, Innovate BC awarded $1.365M to five B.C.
  • Specifically, this year’s funding, through Innovate BC’s Ignite program, is accelerating the commercialization of clean technology, advanced materials and manufacturing, and life science projects.
  • Awarded: $300,000
    “Innovate BC is honoured to support and invest in research and development projects in the natural resources and applied sciences,” says Tomica Divic, Interim President + CEO at Innovate BC.
  • Each year Innovate BC’s Ignite program selects research projects in the natural resources and applied sciences, awarding up to $300,000 per project.

Capital Compass BC offers expansive view into province’s capital and business landscape

Retrieved on: 
Monday, September 25, 2023

Available now, Capital Compass BC offers centralized intelligence on startups, scaleups, investors, entrepreneurial resources, and investment capital flow within the province.

Key Points: 
  • Available now, Capital Compass BC offers centralized intelligence on startups, scaleups, investors, entrepreneurial resources, and investment capital flow within the province.
  • Capital Compass BC allows users to explore its expansive database with filters for sector, company stage, funding round, and other key characteristics, as well as view trends, opportunities and gaps that exist within the region and in the innovation ecosystem.
  • “B.C.
  • Capital Compass BC will serve as a vital resource for startups, providing a comprehensive view of British Columbia's vibrant business landscape and facilitating stronger connections within our ecosystem."

Innovate BC is Igniting Innovation with $300,000 R&D Grant

Retrieved on: 
Monday, May 1, 2023

The funding is awarded to teams of academia and industry who come together to solve a significant challenge that British Columbians face.

Key Points: 
  • The funding is awarded to teams of academia and industry who come together to solve a significant challenge that British Columbians face.
  • Previous winning projects have ranged from cleantech to energy to mining to forestry to agriculture and beyond.
  • The Ignite program supports the Province’s Stronger BC Economic Plan by providing local businesses with the funding needed to add value to industries, create new jobs and growth throughout B.C.’s economy.
  • Innovate BC is thrilled to support the commercialization of novel innovations through the Ignite program.

Innovate BC and NRC IRAP invest in British Columbia businesses through BC Fast Pilot program

Retrieved on: 
Wednesday, January 18, 2023

The program helps small and medium sized businesses design, build, and operate a pilot plant or small demonstration of their technology while helping to solve real world problems.

Key Points: 
  • The program helps small and medium sized businesses design, build, and operate a pilot plant or small demonstration of their technology while helping to solve real world problems.
  • “The BC Fast Pilot program helps businesses move their products to market and create solutions for a sustainable future.
  • “We’re so happy to have delivered the BC Fast Pilot Program with NRC IRAP for four years now,” says Raghwa Gopal, President and CEO of Innovate BC.
  • Become an Innovate BC Insider to be first to know when the next round of applications opens for the BC Fast Pilot program.

New Government of Canada Funding Initiative Offers Intellectual Property Support for Canadian Startups

Retrieved on: 
Thursday, January 5, 2023

New Ventures BC is one of the Recipients of the ElevateIP program, an initiative from Innovation, Science and Economic Development Canada (ISED) to provide the tools Canadian startups need to better protect, strategically manage and leverage their IP.

Key Points: 
  • New Ventures BC is one of the Recipients of the ElevateIP program, an initiative from Innovation, Science and Economic Development Canada (ISED) to provide the tools Canadian startups need to better protect, strategically manage and leverage their IP.
  • In Budget 2021, the government of Canada announced $90 million over 4 years starting in 2022-2023 to create ElevateIP.
  • We’re excited to deliver this program and work with ISED to support Canadian innovators.”
    The New Ventures led project is expected to support over 500 tech startups over four years.
  • “Intellectual property is such a key element of starting and growing a business, but it’s often overlooked.

Innovate BC Awards $2.3M to B.C. R&D Projects

Retrieved on: 
Friday, September 30, 2022

Vancouver, B.C., Sept. 29, 2022 (GLOBE NEWSWIRE) -- Tonight at an awards ceremony in Vancouver, Innovate BC awarded $2,325,000 to eight B.C.

Key Points: 
  • Vancouver, B.C., Sept. 29, 2022 (GLOBE NEWSWIRE) -- Tonight at an awards ceremony in Vancouver, Innovate BC awarded $2,325,000 to eight B.C.
  • Specifically, this years funding, through Innovate BCs Ignite program, is accelerating the commercialization of biotech, cleantech, mining, agriculture, and forestry projects.
  • The commercialization of these projects through Innovate BCs Ignite program will create jobs and lead to new investment opportunities for British Columbian companies.
  • Innovate BC helps foster innovation in B.C.

BCI ANNOUNCES 7.4 PER CENT ANNUAL RETURN FOR FISCAL 2022

Retrieved on: 
Thursday, July 21, 2022

Highlights for fiscal year ending March 31, 2022:

Key Points: 
  • Highlights for fiscal year ending March 31, 2022:
    British Columbia Investment Management Corporation (BCI) announced today an annual combined pension plan return of 7.4 per cent, net of all fees, for the fiscal year ended March 31, 2022, against a combined market benchmark of 4.6 percent.
  • BCIs 10-year annualized return for combined pension plans is 9.1 per cent against a benchmark of 8.0 per cent, representing $13.2 billion of value-add.
  • Over the five-year period, BCI delivered an annualized return of 8.3 per cent, outperforming a benchmark of 7.3 per cent and generating $7.7 billion in added value.
  • Our pension plan clients remain fully funded, with funding ratios ranging from 105 per cent to 128 per cent.

Four Weeks Until Applications Close for Ignite Program

Retrieved on: 
Tuesday, June 7, 2022

Vancouver, British Columbia, June 07, 2022 (GLOBE NEWSWIRE) -- Limited time is left to submit applications for Innovate BCs Ignite program .

Key Points: 
  • Vancouver, British Columbia, June 07, 2022 (GLOBE NEWSWIRE) -- Limited time is left to submit applications for Innovate BCs Ignite program .
  • Through the Ignite Program, we are helping to give innovators the opportunity to get their projects off the ground and moving forward, said Ravi Kahlon, Minister ofJobs,Economic Recovery and Innovation.
  • The funding offered through the Ignite program opens doors to many BC-based companies and their academia partners working to solve significant challenges seen in B.C.
  • To date, Innovate BCs Ignite program has awarded funding to 34 projects for a total value of $8.5M.

Innovate BC Now Accepting Applications for $300,000 R&D Grant

Retrieved on: 
Monday, May 2, 2022

The Ignite program supports the Provinces Stronger BC Economic Plan by providing B.C.

Key Points: 
  • The Ignite program supports the Provinces Stronger BC Economic Plan by providing B.C.
  • Through Ignite and other Innovate BC programs, we are ensuring B.C.
  • companies take on issues like climate change and reminds me why we do what we do at Innovate BC.
  • Innovate BC helps foster innovation in B.C.