Will help connect BC companies with venture capitalists, skilled tech workers and strategic partners.
Several measures expected that will be aimed at improving innovation performance.
Technology is making the industry more precise and efficient.
Collect revenue in US dollars but pay expenses in Canadian.
Venture capital will bankroll early-stage entrepreneurs’ innovative ideas
Team of investors includes technology giant Samsung.
Investment will accelerate sales and expand CO2 utilization technology platform.
Scale Up Ventures will connect high growth start-ups with corporate Canada to accelerate innovation.
McRock Capital will target projects in the digital oilfield/smart fields, automated power grid, manufacturing, and smart cities sectors.
There’s money to invest, some of it from “angels.”
Places 13 out of 16 advanced economies: Conference Board of Canada.
Manufacturing sector worst hit, losing half its firms between 2006 and 2010.
Venture Capital Action Plan aimed to bolster private-sector investment.
Private sector economists suggests Canada’s low interest rates are here to stay.
Thomson Reuters report says province drew 20% of all venture capital investments in second quarter.