British Columbia's technology sector boasts a broad array of companies and innovation. B.C. stands at the forefront of Canada’s growing clean tech industry, crossing over into many traditional industries and creating more efficient, effective and sustainable practices.
A fast-growing tech subsector:
- B.C. is home to seven companies on the 2018 Global Cleantech 100 list, which represents the most innovative and promising ideas in clean tech, and which are best positioned to solve tomorrow’s clean tech challenges. [Source: 2018 Global Cleantech 100 List by Cleantech Group]
- B.C.’s clean tech cluster accounts for 25-30% of Canada’s clean tech companies. [Source: BC Cleantech 2016 Status Report by KPMG]
- There are 273 clean tech companies in B.C., with over 8,500 employees. [Source: BC Cleantech 2016 Status Report by KPMG]
- Technology segments in B.C. include:
- hydrogen and fuel cells
- clean transportation
- energy management and efficiency technologies
- renewable energy technology
- water and waste resource management technologies
- Together with the Government of Canada and the Alacrity Foundation, the B.C. government is providing the Cleantech Scale-Up program with over $787,000 in funding to help clean tech companies throughout B.C. get investment-ready and sell to new markets.
- The Foresight Cleantech Accelerator Centre, a BC Innovation Council partner and clean tech accelerator, also helps advance B.C.’s growing clean tech industry.
- The B.C. government is adding over 500 new clean-tech-related student spaces at Simon Fraser University and the University of Northern British Columbia by 2023.
- Start-up funding of approximately $1 million has been provided in 2017-18, with additional investment to come in subsequent years.
- The programs will help train future talent to meet the labour demands of B.C.’s growing clean tech sector.
- To help grow the sector, $7.5 million in tax credits are available to clean tech companies through B.C.’s Small Business Venture Capital Tax Credit program.
- B.C.’s Crown agency, the BC Innovation Council, has partnered with Natural Resources Canada to help B.C. clean tech projects access Clean Growth Program funds for clean technology research, development and demonstration.
- In 2017, the Province partnered with the federal government to provide $40 million to spur the development and commercialization of new clean energy technologies in B.C.
- The Province and the federal government have each contributed $20 million for the program. Together, they are conducting a joint call over a three-year intake period to seek out clean energy projects and technologies that will mitigate or avoid provincial greenhouse gas emissions, including prototype deployment, field testing and commercial-scale demonstration projects.
- Sustainable Development Technology Canada announced funding of $27 million to 10 B.C. clean tech companies or demonstration projects in 2015. The funding is helping build large-scale green tech initiatives, such as:
- Tech that takes carbon dioxide from the air for use in enhanced oil recovery.
- Zinc-based fuel cell for industrial-scale renewable energy storage.
- Technology for steam-assisted drainage extraction in the Alberta oil sands.
- The Province and the federal government have each invested $45 million, along with other investments from SFU and private donors, for a $126 million new sustainable energy engineering building at SFU Surrey.
- The building will accommodate proposed new degree programs in sustainable energy engineering, as well as support mechatronics student spaces, for a total of 515 full-time equivalent student spaces.
- Provincial funding of $150,000 for the West Coast Wave Initiative (WCWI) at the University of Victoria supports research into the potential of ocean waves to generate clean, renewable and affordable electricity.
- In 2017, the Government of Canada launched the $155 million Clean Growth Program, to fund innovative clean technology projects in Canada.
- The Province supported and sponsored the flagship business and environment conference Globe 2018, hosted in Vancouver, March 14-16, 2018. The event brought together global leaders focused on the business of sustainability, energy and the environment.
Media RelationsMinistry of Jobs, Trade and Technology