Celebrating Victoria’s Transformation to Tectoria
I’ve watched the transformation of Victoria over the past 25 years. Back in the 1980s, Victoria was a small regional city best known for tourism, a mild climate and being the seat of the provincial government. Now the city has become one of British Columbia’s most vibrant tech hubs – often being called “Tectoria.” This transformation was celebrated last week at the annual VIATEC Technology Awards.
When I started my first tech company in Victoria 10 years ago, revenue from tech firms in the Victoria region was about $1 billion. Today, that number is approaching $4 billion. There are over 900 tech companies that employ 15,000 people. The economic impact is estimated at over $5 billion. Pretty impressive for a city of about 350,000 people.
There’s a story behind those numbers – how Victoria seized the opportunity to be a tech hub.
Read the full story in BetaKit