The federal government pledged Monday to invest in clean technology, announcing $785,000 for Alacrity Canada, a Victoria non-profit that promotes entrepreneurial efforts in the field of technology.
Bardish Chagger, CanadaB次元官网网址檚 Minister of Small Business and Tourism was joined by B.C. Finance Minister Carole James at the Alacrity Foundation to express support for generating jobs and growth across Western Canada.
Hon. Bardish Chagger, Minister of Small Business and Tourism announces $785G in funding for to develop biz in clean technology
B次元官网网址� Victoria B次元官网网址 (@VictoriaB次元官网网址)
B次元官网网址淎s the economy changes, as innovation transforms traditional sectors and creates new industries that we couldnB次元官网网址檛 have imagined 20 years ago, there remains an important role for government,B次元官网网址� Chagger said. B次元官网网址淲e must work together to make key investments so that our workers have the skills they need to excel in the modern economy.B次元官网网址�
In B.C., the industry is thriving. There are over 270 clean tech companies within the province that account for 25 per cent of the countryB次元官网网址檚 clean tech sector, generating over $2.8 billion in annual revenue.
Many of these companies are market ready but require additional support before moving to the next level of success, Chagger said. With Alacrity, they will develop investment strategies to increase sales and create more middle class jobs across B.C.
Since 2009, the Alacrity Foundation in Victoria and Vancouver has employed more than 200 people through mentorship, bringing together passionate entrepreneurs and investors to build thriving companies.
James announced that the province will provide $75,000 to help launch the program. B次元官网网址淏.C.B次元官网网址檚 clean tech presence isnB次元官网网址檛 only good for the economy, itB次元官网网址檚 also an investment in our future,B次元官网网址� she said.
B次元官网网址淭hese companies are reducing harmful environmental and health impacts while revolutionizing our mining, our forestry and our agriculture industries,B次元官网网址� James added, citing Saltworks, a water technology company and Carmanah, a solar lighting manufacturer.
There is much opportunity for this sector to expand, she said, pointing out the industry is poised to grow by $3 trillion by 2020.
