Campbell River Launches Tech Competition with $200,000 in Prizes

October 1, 2019

CAMPBELL RIVER – The City of Campbell River Economic Development and Campbell River Angel Group (CRAG) are launching four individual challenges with awards ranging from $45,000 to $100,000. The challenges include a call for developing a marine wildlife monitor, a portable renewable energy pod, a bladeless oyster shucker and a wildcard challenge.

Individuals, academic institutions and businesses with ideas at all stages of development are encouraged to explore the challenge statements and submit an expression of interest by Oct. 31. Successful contestants will be considered for seed capital investment and CRAG advisory support and mentorship.

An information session will be held for those interested in participating in the competition on October 8 at the Campbell River North Island College. More information can be found here.

“Each challenge provides an opportunity to win a substantial cash prize that will support further development of these tech solutions. And there’s more: the competition process includes mentorship, skill building and networking opportunities as well. The goal is to make sure that even those who don’t win a prize, get real value from the process,” says Campbell River economic development officer Rose Klukas.

“The Campbell River Angel Group is sponsoring this contest to raise awareness about Campbell River’s TECHATCHERY program. As a TECHATCHERY initiative, the NexStream challenge will motivate entrepreneurs and innovators to solve challenges facing industries and communities of Vancouver Island and beyond,” says David Baar, Angel Investor and co-founder of CRAG.

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