Last week, the 25 finalist companies of the BCIC-New Ventures Competition moved on to Round 3.

Three of the 25 companies come from Victoria and Vancouver Island: Backyard BC, a Victoria based company that encourages BC residents to travel within their own province by offering exclusive rates on their website, has made it to the third round of the BCIC-New Ventures Competition. VIATeC Awards finalist MediaCore Technologies and Nanaimo’s Pixton Comics also advance.

The 25 companies are (in alphabetical order):

3D Gateway Solutions Inc
Backyard BC
Big Mama Student Services Ltd
Contract Tailor
ESL Explorer
EVT Power Inc.
Kairama Inc.
Mazza Innovation Ltd.
MediaCore Technologies Inc.
MobiSafe Systems Inc.
MyBestHelper
NaviDent Technologies Inc.
NeuroMash
NFC Interactive Inc. (Formerly Smart Button Technologies Ltd.)
PayrollHero.com
Pixton Comics Inc.
Pug Pharm Productions Inc
semiosBIO Technologies Inc
Shared Desks (AppQii Technology Inc.)
SterileCare Inc.
Then.ly Network Inc.
Twothirds Water
Warranty Life
WTFast
ZellChip Technologies Inc.

These 25 companies will now work with their mentors to develop a condensed business plan in response to specific questions posted by competition organizers.

The 10 finalists advancing to Round 4 will be announced September 4, 2012. The 12th Annual BCIC-New Ventures Competition Awards Ceremony will take place September 26, 2012 in Vancouver.

Each year, more than 150 B.C. business leaders—entrepreneurs, venture capitalists, angel investors, academics and professionals—donate their time and expertise as mentors and judges.

To date, more than 1,400 aspiring B.C. entrepreneurs have entered the competition, with 36 winning major prize packages. Most winners have continued on to form viable companies, raising more than $100 million in financing and creating more than 600 jobs for British Columbians.