Facts and resources for your new startup
This post originally appeared on blog.up.co
The following is a guest post from the BCIC
Startup Weekend Vancouver is just a few weeks away and BCIC is once again a proud sponsor! It’s a great time to be a programmer in British Columbia…
The average annual salary of tech workers is at a new high of $75,000. This is far above the BC average of $45,000. (Read the full report here.)
And there are more than 9,010 established tech companies operating in BC today, offering more jobs than the mining, oil and gas, and forestry sectors combined! In other words, the tech industry is becoming an important economic driver in British Columbia.
What contributes to this growth? We do our part. BCIC helps to support new and growing businesses by streamlining access to resources, mentors and important programs.
The BC Venture Acceleration Program has trained over 400 entrepreneurs by 30 Executives in Residence (EiRs) who, since 2011, have attracted $62.9 million in investment and generated $18.9 million in revenue.
And there are dozens of initiatives to train, connect and support tech entrepreneurs like you stretching all across the province. Other current programs and resources that can help your business are:
- The BCIC-New Ventures BC Competition
- Launch Academy
- Federal funding and knowledge transfer programs
- BC’s best startup accelerators
- Events like Startup Weekend and GROW, metabridge, C100, Interface and HTML500!
Thanks to hackers like you, the tech sector in BC is becoming increasingly more dynamic, adaptable and forward-looking. Changes are happening as we speak; changes you probably are a part of!
- BC has hosted several cutting-edge technology and innovation conferences like SIGGRAPH and ‘30 Years of TED’ and continues to lead as a world-class location to do business.
- International giants like Facebook, Ericsson, IBM, Intel, Samsung, Cisco and others also know the value of having a presence in BC. Our newest additions Microsoft, and Amazon opened their new offices in Vancouver in 2014.
- 3000 engineering and computer science professionals graduate every year from one of BC’s 25 public post-secondary institutions, including 11 universities and 3 technology institutes.
- The new Startup Visa has made it ever so easy for talented professionals to build their company in BC. Local founders get the benefit of competitively low taxes and a range of other financial incentives.
There is still much work to be done to increase investment in BC companies. Fortunately, BC has one of the strongest and most stable economic and political systems in the world so long-term investment will undeviatingly flow in support of sustainable value creation.
YOU are the secret ingredient! If you are a seasoned entrepreneur and would like to give back to the tech community, here is one way to do so - visit MentorshipBC and become a business mentor. And if you happen to hack a brilliant technology this Startup Weekend, connect to one of our programs and it will get your business off the ground!