Four BCIC Ignite Award winners receive total of $2.7 million in Funding

The BC Innovation Council announced the first four winners of its Ignite Awards, giving out $838,000 to BC research projects in natural resources and the applied sciences. The announcement was made at Vancouver’s Science World on Oct. 26.

As the BCIC Ignite model requires projects to secure matching funds from industry or government sources at a ratio of 2:1 matching dollars to Ignite dollars, more than $2.7 million will go towards the four projects.

BCIC gives out the awards to organizations in a diverse range of technical fields that have shown commercial and technical viability, with a key ability to be able to go to market within three years.

Read the entire article in Betakit >>

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