Vancouver Island Technology Park

As of July 1, 2009, the annual tax credits available to investors in early-stage clean technology companies operating in B.C. will increase from $5 million to $7.5 million under the provincial government’s Venture Capital Programs, established to raise investment for small businesses developing new clean technologies.

“Innovative clean technology reducing GHG emissions will play a key role in helping to grow B.C.’s green economy,” said Technology, Trade and Economic Development Minister Ida Chong today. “The tax credits will lever up to as much as $25 million annually in venture capital to support clean tech companies that can offer exciting employment and investment opportunities to British Columbians.”

Streetlight Intelligence Inc. announced today that
Dale Gann, vice-president of UVic’s Vancouver Island Technology Park, has joined
its board of directors. Gann replaces Martin Winstanley who has left the firm to develop
other business interests.

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The governments of Canada and British Columbia are working in partnership to strengthen the ocean sciences sector through an investment in the planning and development of a world class, national scale ocean technology park on Vancouver Island.

Federal funding of $135,000 was announced today by Ed Fast, Member of Parliament for Abbotsford, on behalf of the Honourable Rona Ambrose, President of the Queen’s Privy Council for Canada, Minister of Intergovernmental Affairs and Minister of Western Economic Diversification. Minister Ida Chong, Minister of Technology, Trade and Economic Development and Minister Responsible for the Asia-Pacific Initiative, announced a matching contribution of $135,000 in provincial funding toward the initiative.

A new feasibility study will look at a proposed Ocean Technology Park in North Saanich, intended to deliver hundreds of millions of dollars into the economy, create about 1,500 well-paying jobs and set global standards for marine research.

A marine tech park would be a focal point for industry, academics and government ocean research, said Dale Gann, acting president of UVic Properties Investments Inc., at yesterday’s funding announcement. UVic Properties owns both the Vancouver Island Technology Park and the existing Marine Technology Centre on West Saanich Road.

Members of the OCEAN Industries BC industry association applaud the joint investment made by the Government of Canada and the Government of British Columbia in developing the business and development plans for a new Ocean Technology Park and Ocean Engineering Centre to be co-located at the University of Victoria’s Marine Technology Centre in North Saanich.

Victoria, BC – The governments of Canada and British Columbia are working in partnership to strengthen the ocean sciences sector through an [...]

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SNAP Newspaper recently did a profile in their paper on the Canary Cancer Bash and the Canary Derby. The event raised $140,000 for the BC Cancer Foundation – a huge success. Thank you to Chris from SNAP on including these two events in SNAP.