About

Innovate BC is rebooting BC’s economy by helping innovators across the province build great companies. 

ABOUT INNOVATE BC

HELPING INDUSTRIES GROW

We deliver ​cost-effective, ​high-impact programs ​to address the biggest pain points of BC businesses. This means helping entrepreneurs access resources to help them start and scale their companies – and stay in BC.  

As a Crown Agency, Innovate BC represents the Government of British Columbia, reporting to the Ministry of Jobs, Economic Recovery and Innovation. It’s the ministry’s mandate to grow BC’s technology sector, champion innovation, nurture small businesses, support economic development throughout the province, and promote BC internationally as a preferred place to invest and do business. Innovate BC’s work supports the Ministry in achieving its mandate.

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About Innovate BC
GROW

INITIATIVE TO REBOOT BC'S ECONOMY

The new normal needs new things. In the wake of the COVID-19 pandemic, Innovate BC has applied a recovery and resiliency lens to all programs. We have added support for main street businesses and focused on building digital skills in under-represented groups to ensure diversity and inclusion of all BC residents​. We have also built federal partnerships to help BC companies access new procurement opportunities​.

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HERE'S WHAT WE DO

Innovate BC delivers programs directly or through delivery partners. Innovate BC oversees and supports the delivery of all of its programs. And all program participants have access to insights and resources. 

PROGRAMS

Our programs fall into three different categories: business coachinghiring grants, funding opportunities for research and development, pilots, and scaling. 

1978

Science Council of BC is born

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2005

Renamed BC Innovation Council

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2006-2008

  • BC Regional Science & Technology Network launched
  • Reports to new ministry: AE

BCAN-launch-AE-Ministry

2010

New Ventures BC (NVBC) Awards

NVBC-Awards

2011

NVBC

  • $1 awarded generates $5 tax revenue
  • $860M funds leveraged by Top 25 finalists
  • 8,600 jobs created by Top 25 finalists

NVBC-5X

2012-2014

  • BC Regional Science & Technology Network becomes BC Acceleration Network
  • Reports to new ministry: TICS

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2015

  • $10K hiring grants launched
  • 1000 Jobs created from accelerators
  • 100M Revenue generated from member companies

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2016

  • $1M Ignite launches, supports R&D
  • #BCTech Summit North America’s largest annual tech event launched

BC-Tech-Summit-Launch

2018

  • Renamed Innovate BC
  • Reports to new ministry: JTT

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2019

  • Reports to new ministry: JEDC
  • 200K BC Fast supports pilot projects
  • 1,000 companies served through our BCAN province wide network
  • New programs build digital skills

2019-BCAN-BCFast-Skills-Growth (1)

2020

  • NVBC 20th anniversary
  • Reports to new ministry: JERI
  • B.C. economy reboot - COVID-19 programs added to take main st. online, build digital skills, accelerate r&d and early sales
  • Hiring grants increase from $10k to $20k
  • 2,000 job placements from hiring grants
  • $3.5M dedicated funding to acquire & expand customer base
  • $1.5M funding to hire youth with digital skills
  • 2X Delivery capacity of coaching & mentoring

2020-timeline-items

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