BCIC Ignite Awards help bring innovative technology to market by funding industry-academic partnerships
The four winners must commercialize their research within three years
The BC Innovation Council (BCIC) keeps doing its part to power the provincial economy. Last night (October 10) at the Vancouver Club, the third BCIC Ignite Awards gave a collective $735,000 to four B.C. technology research projects. BCBusiness was a media sponsor of the awards, which recognize industry and academic partnerships to commercialize groundbreaking research in natural resources and life sciences.
“BC Ignite provides funding for collaborative, industry-driven academic research leading to commercialized products,” said Carl Anderson, president and CEO of Crown agency BCIC. The winning projects must have a clearly articulated solution to an existing industry problem, be beyond proof of concept, have potential for broad adoption and demonstrate the capacity to move the proposed innovation to market within three years, Anderson added. “These awards are special because they enable researchers in natural resources and applied sciences to solve real-world problems, not just for B.C. but for the world.”
Bruce Ralston, provincial minister of jobs, trade and technology, was a guest speaker at the event. “Our government has ambitious plans to drive B.C.’s innovative economy forward,” said Ralston, who told the crowd that he was excited to work with BCIC to host the 2018 BC Tech Summit next May. “We are working on establishing B.C. as a preferred location for new and emerging technologies, enhancing the growth of local tech companies, removing barriers to attracting skilled workers provincewide and establishing an Innovation Commission to advocate for the sector.”
Read the full article in BCBusiness >>