Innovators need help to keep driving the B.C. economy

B.C.’s economy has always relied on an abundance of natural resources to produce prosperity. But a combination of accelerating forces including demographic change and the wider adoption of new technology is driving a rapid shift in our economy toward new ways of generating wealth.

Now, more than ever, B.C. needs innovation to develop new products, new processes and new jobs to build the economy of the future…

…Startups also compete for capital from investors.

Saltworks Technologies is one successful company got its start through the New Ventures B.C. contest by the B.C. Innovation Council, a provincial Crown agency.

Ben Sparrow, CEO of Saltworks, won the $100,000 prize money in 2008, and now heads a successful company that specializes in desalination techniques to purify waste water, employing 65 workers and making “eight figures” in profits.

Read the entire article in the Vancouver Sun >>

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