VANCOUVER – To help spark B.C. innovation, economic growth and new jobs, the provincial government is investing in tech-based research and advanced training opportunities in all parts of the province, Premier John Horgan announced today at the #BCTECH Summit.
“B.C. succeeds when British Columbians succeed – and our province’s tech sector is proving that every day,” said Premier Horgan, adding that the sector has over 10,000 companies employing more than 106,000 people.
“Our job is to provide opportunities and partnerships that help companies and individuals innovate, succeed and grow. This approach delivers more jobs and a stronger economy, and helps support health care, education, housing and other public services that make British Columbia a great place to live and work.”
The Province announced that it is investing over $102.6 million in funding for 75 post-secondary research projects in B.C., through the B.C. Knowledge Development Fund (BCKDF). The projects will develop B.C.’s expertise and innovation in fields such as advanced supercomputing and clean technology, to spur job creation, talent development and commercialize innovation.
To attract and retain the best graduate students, the B.C. government will invest $12 million in graduate degree scholarships over the next three years. The funding will support priority areas such as science, tech, engineering and mathematics programs, as well as Indigenous students and regional programs. The Province will also invest in women-in-technology scholarships to inspire a new generation of women to take up science and tech-based professions.
To further develop tech talent, $10.5 million will be invested in co-op opportunities and entrepreneurial training for post-secondary students, so they can gain vital hands-on experience to be job-ready when they enter the tech sector.
