The Renewed #BCTECH Strategy

This renewed #BCTECH Strategy is built on our original three pillars – Talent, Capital and Markets – and we’re introducing a new pillar – Data.

In 2016 , the first year of the strategy, early indicators show that employment grew to over 106,000 jobs – and that number is projected to continue growing.

B.C.’s dynamic young startups are the beginning of the great companies of the future, and government is dedicated to paving the way for them to grow.

A year ago, we committed to 50 actions to help keep the tech sector growing. These actions are setting the conditions for the growth we’ve seen in the last year. While we continue to complete and work through our commitments, we recognize that we can do more. In order to keep pace with the changing global economy, we have set a number of new initiatives in order to reach four aspirational goals:

  • Job growth in the tech sector will remain above the provincial average and reach 120,000 by 2020.
  • Investment in the B.C. tech sector will be increased by up to $100 million by 2020.
  • B.C. will become a leader in the innovation economy by working to increase the talent pool by 1,000 grads per year by 2022, with increased grads throughout the province.
  • Increase the number of tech companies with 10 or more employees by 20 per cent by 2021.

Take a look at the new initiatives to help keep our tech sector growing.

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