Seven local businesses and organizations based in Vancouver, British Columbia, have secured nearly $14 million in funding from the Pacific Economic Development Agency of Canada (PacifiCan). This boost is aimed at supporting the commercialization of new products, expanding operations, and accessing global markets for these innovative companies. The funding will have a significant impact on various sectors, including healthcare, cleantech, financial technology, education, digital platforms, and agriculture. With expectations to create over 380 jobs and generate millions in revenue and global sales, this investment underscores the government’s commitment to fostering growth and innovation within the tech industry. The financial injection will enable these businesses to scale up, reach new heights, and contribute to local and international economic landscapes.
For more detailed information, please refer to the backgrounder on the businesses and organizations receiving funding.