Published On: Wednesday, 16 May 2018
BC Government Announces Tech and Innovation Investments
BC - To help spark B.C. innovation, economic growth and new jobs, the provincial government is investing in tech-based research and advanced training opportunities in all parts of the province, Premier John Horgan announced today at the #BCTECH Summit.
The Province announced that it is investing over $102.6 million in funding for 75 post-secondary research projects in B.C., through the B.C. Knowledge Development Fund (BCKDF). The projects will develop B.C.'s expertise and innovation in fields such as advanced supercomputing and clean technology, to spur job creation, talent development and commercialize innovation.
To attract and retain the best graduate students, the B.C. government will invest $12 million in graduate degree scholarships over the next three years. The funding will support priority areas such as science, tech, engineering and mathematics programs, as well as Indigenous students and regional programs. The Province will also invest in women-in-technology scholarships to inspire a new generation of women to take up science and tech-based professions.
To further develop tech talent, $10.5 million will be invested in co-op opportunities and entrepreneurial training for post-secondary students, so they can gain vital hands-on experience to be job-ready when they enter the tech sector.
To help make it easier for tech companies to recruit top international talent to B.C., government will expand its Provincial Nominee Program Tech Pilot. That means priority processing for people in tech occupations, such as biotechnologists, software engineers and web developers.
The B.C. government will unveil a provincewide tech strategy next year that will help provide all people with the ability to work and prosper in the communities they call home. In turn, the Province will invest in health care, education, housing and other public services that make B.C. a great place to live and work.
The Province of British Columbia is hosting the third-annual #BCTECH Summit on May 14-16, 2018, in partnership with Innovate BC, the Province's Crown agency. Innovate BC encourages the development and application of advanced or innovative technologies to meet the needs of B.C. industry.