Printer Friendly

Canada : Entrepreneurs and Technology Companies to Benefit from Enhanced Acceleration Programs.

Clean technology companies, Indigenous entrepreneurs and communities in rural British Columbia will get help turning business ideas into reality thanks to an investment by the Government of Canada.

Stephen Fuhr, Member of Parliament for Kelowna-Lake Country, announced $473,000 in funding to support Accelerate Okanagan to scale up their programming while expanding their services to target new communities.

Accelerate Okanagans mission is to give new and growing technology-driven businesses the mentorships and connections they need to thrive through programs like Startup Basics and RevUp. With this funding, Accelerate Okanagan will be able to expand these two programs while adding a focus on clean technology and Indigenous entrepreneurs. The funding will also help Accelerate Okanagan extending these programs into Kamloops, Nanaimo, and Prince George

The funding will also support an increased emphasis on clean technology at Metabridge 2018 an annual retreat that connects Canadian technology companies with peers in Silicon Valley. By attracting clean technology entrepreneurs to this event, more local companies will benefit from exposure to global entrepreneurs and venture capital.

In 2015, the Okanagan technology industry contributed $1.3 billion to the overall Okanagan economy. By continuing to support and grow the technology sector in Kelowna and other communities, this funding will assist Accelerate Okanagan to further the Government of Canadas priorities of supporting Indigenous economic growth, clean technology entrepreneurs and innovation.

[c] 2017 Al Bawaba ( Provided by SyndiGate Media Inc. ( ).

COPYRIGHT 2018 SyndiGate Media Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2018 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Mena Report
Date:Jan 12, 2018
Previous Article:Canada : New housing standards better protect agricultural temporary foreign workers.
Next Article:Canada : Seizure of contraband and unauthorized items at Warkworth Institution.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters