Emilie de Rosenroll, Group CEO, South Island Prosperity Partnership, at the June 27 PacifiCan funding announcement at Oak Bay Marina
VICTORIA – South Island Prosperity Partnership (SIPP), the mandated economic development agency for Southern Vancouver Island, announced today it will receive $3-million in funding from the Pacific Economic Development Agency of Canada (PacifiCan). This funding will support SIPP’s initiatives to grow B.C.’s ocean and marine technology sectors and foster Indigenous entrepreneurship and the exploration of economic opportunities connected to ocean monitoring and conservation.
“We are very grateful for PacifiCan’s investment into South Island Prosperity Partnership (SIPP) to further establish the Centre for Ocean Applied Sustainable Technologies (COAST) and the Indigenous Prosperity Centre (IPC),” says Emilie de Rosenroll, Group CEO of South Island Prosperity Partnership. “Together with leveraged support from the private sector, this investment accelerates climate-conscious ocean and marine innovation along with Indigenous strengths in marine stewardship in order to realize Pacific Canada’s position as a leader in the global blue economy.”
The PacifiCan investment supports the development of an ocean and marine innovation network and hub through COAST, the blue economy arm of SIPP dedicated to expanding BC’s rapidly growing ocean and marine technology sectors. The funding will also foster Indigenous entrepreneurship and the exploration of economic opportunities connected to ocean monitoring and conservation through SIPP’s Indigenous-led arm, the Indigenous Prosperity Centre.
“British Columbia is at the leading edge of research and commercial development of ocean technology,” says The Honourable Harjit S. Sajjan, Minister of International Development and Minister responsible for PacifiCan. “By investing in some of Vancouver Island’s most innovative organizations and bringing together leaders in BC’s ocean technology sector, PacifiCan is propelling partnerships and prosperity across British Columbia.”
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