TechTalk Blog
B.C. Increases Clean Tech Innovation Venture Capital

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.”

British Columbia is home to the third-largest clean technology cluster worldwide, according to PriceWaterhouseCoopers LLP (BC Advanced Energy Sector Profile 2007). Growing at an annual rate of 11 per cent, B.C.’s clean technology sector includes over 250 companies employing about 3,700 people.

“The global focus on reducing the carbon footprint will only intensify in future,” said Pascal Spothelfer, British Columbia Technology Industry Association president and CEO. “Attracting new investment for more clean energy technology will help build British Columbia as a world leader in sustainability and environmental stewardship.  Even now, we are exporting clean technologies around the world to help manage the impact of climate change. With so many opportunities, B.C.’s clean energy tech sector is well positioned for substantial growth.”

B.C.’s clean tech sector conducts research and development in many areas, including energy generation, fuel cell development, reducing industrial fuel costs and increasing energy efficiency, transportation, water and wastewater, clean air and environmental technology.

For every dollar of venture capital invested into a B.C. clean tech company qualified under the program, an individual investor earns a 30 per cent tax credit that is fully refundable. The maximum credit per investor per year is $60,000, which would be realized by a $200,000 investment. Companies must keep capital raised under the program invested for five years.

By helping to stimulate the development of clean technologies by British Columbia companies, the new tax credits, announced during Budget 2008, will support the provincial government’s commitment to reduce greenhouse gases by at least 33 per cent by 2020.

Darron Kloster's column "On the Street" (Excerpt)

Mark Alenius, a chartered accountant for more than 25 years, has been named chief
financial officer of Victoria-based Streetlight Intelligence Inc. (TSXV:SLQ). He replaces
Bradley A. Williams. Earlier this year, the company, which makes systems to enhance
streetlight performance, named Vince Krynski as CEO. Streetlight also announced 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.

Federal and Provincial Governments Support Development Plans of a new Ocean Technology Park

Victoria, BC – 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. MLA 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.

“This federal funding will help to ensure British Columbia remains a leader in the field of ocean sciences,” said MP Fast. “The Government of Canada is doing its part to ensure that Canada is well positioned for success in the global knowledge-based economy.”

Today’s investment will help University of Victoria Properties Inc. plan and develop an Ocean Technology Park (OTP) and regional tank testing facility, Pacific Centre for Ocean Energy and Engineering (PCOE). Project activities will include feasibility assessments and business plans for the OTP and PCOE, completion of site engineering, master planning and communications plans to develop the proposed park.

“An Ocean Technology Park will provide a vital nexus and focus for economic development, capitalizing on the major growth potential in the ocean and marine science & technology sector,” noted Technology, Trade and Economic Development Minister Ida Chong. “As Canada’s Pacific Gateway, B.C. is ideally positioned to become a world leader in ocean sciences and technologies.”

Development plans for the OTP include a new multi-user building for marine technology companies and research organizations that would see both facilities providing workspace for industry, government agencies and academic researchers involved in ocean technology.

“Together we can provide an environment to foster world class innovation, act as enablers to attract and retain world class talent, create societal benefits by commercializing products and services, while contributing economic benefit to the nation.” said Dale Gann, Acting President, UVic Properties Investments Inc.

University of Victoria Properties Investments Inc. is a corporation owned by UVic. Created in 2005, UVic Properties is responsible for managing several of UVic’s significant off-campus holdings including the Vancouver Island Technology Park, Dunsmuir Lodge Executive Training and Conference Centre, and the Marine Technology Centre.

The governments of Canada and British Columbia work in partnership to foster entrepreneurship initiatives, serving to strengthen and diversify the economy, and improve the quality of life in communities across B.C.

Times Colonist Reports: Marine tech park feasiblity to be studied

Written by:  Carla Wilson, Times Colonist
Published: Thursday, July 17, 2008

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.

"Look at the potential here," he said. "We need to bring these folks together."

The $330,000 study will create a business and master plan for UVic's 17-acre site, now housing the Marine Centre, across the road from Fisheries and Oceans Canada's Institute of Ocean Sciences. Western Economic Diversification Canada and the province of B.C. are each contributing $135,000. UVic Properties is making up the difference, Gann said.

If all goes smoothly, the study would be complete by spring 2009 and a rezoning application for increased density on the site would then go to North Saanich, he said.

Although plans have not yet been developed, an expansion might see 300,000 square feet of commercial space go up, Gann said, up from the current 42,000 square feet. Construction could cost about $120 million: Some building would be paid for by UVic Properties, while some might be done with a partner.

 Such a centre would lead to increased commercialization of new products to be sold around the world and attract more clean, high-tech industry to this area, Gann said. It would open up possibilities for more research into energy creation using the ocean's power.

Up to three wave tanks, measuring 30,000 square feet altogether, would be a key part of the site in what would be called the Pacific Centre for Ocean Energy and Engineering within the new park, Gann said.

These tanks can give researchers information in just minutes that would otherwise take far longer, said Brad Buckham, of UVic's faculty of engineering. Tanks could be used by businesses to "make ocean energy solutions a reality," Buckham said.

David Fissel, president of ASL Environmental Sciences Inc., praised the initiative.

"Over the past 10 to 15 years, we have too often seen reductions in government programs supporting ocean science and technology activities," he said. B.C. marine high-tech companies account for about $1.5 billion in annual revenue, most generated through export sales, Fissel said.

To maintain and increase their global market share, companies need effective ways to collaborate with universities and governments, he added, saying stronger partnerships are also needed with research labs.

 

Canada's Ocean Technology Park and Engineering Centre Pacific

Dunnottar House, Victoria, British Columbia – 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.

Mr. Ed Fast, Member of Parliament for Abbotsford, joined recently appointed Ida Chong, Minister for Trade, Technology and Economic Development for BC in announcing a cost shared venture that will facilitate the development of plans for a new Technology Park solely focused on the ocean and marinespace sector to be located on Canada’s Pacific Coast.

“This investment is the beginning of a series of milestones that enable Canadian’s to develop and invest in Ocean Industries efforts to create the technologies required to adapt to the transition from conventional energy and fuels, it will aide in the design of ocean and marinespace equipment, some of which combat climate change and will assist both science and technology advancements in research and commercial development in Western Canada,” said OCEAN Industries CEO Patrick Marshall, “This facility will take advantage of a cluster of institutions, small-medium size enterprise [SMEs] and government services located in British Columbia and will enable a new approach to bridging with investments in complementary facilities on the Atlantic Coast.”

OCEAN Industries BC [OIBC] called upon industry and government interests in September of 2007 to develop a transition strategy that dealt with the University of British Columbia [UBC] decision to close the Ocean Engineering Centre on its Vancouver Campus to make way for residential development. The association spent months door knocking on businesses and government agencies with a vested interest and found that the majority of people interested were SMEs.

Members of the Society of Naval Architects and Marine Engineers, the Shipbuilding, Repair Maintenance and Overhaul, Movie Industry, Science and Technology, Universities and the College applied and pure science communities all have specific interests in access to a facility that none would otherwise have the resources to develop on their own.

“OIBC had only had its new CEO Patrick Marshall for a matter of weeks last year when the phone rang and everyone wanted an instant solution to the problem at UBC,” advised OIBC Chairman Brian H. Barnett, “ We were fortunate to have an economic developer in our CEO, that could act fast and support the key individuals that would turn this challenge into an opportunity for western Canada and the Pacific Northwest. We all stood to lose business to other parts of

the world with the closure of the UBC facility, now, we will be a major draw for more business and employment opportunity.”

The new Park will address needs for technology testing facilities for the ocean and marinespace. OIBC will take the opportunity to link in all ocean and marinespace facilities up and down the coast, places like the Bamfield Marine Sciences Centre, the BC Centre for Aquatic Health Science and Maritime Heritage Centre into a proposed “Ocean and Marinespace Enterprise Centre Pacific” designed to act as the focal point for private and public interests in the safe, clean and secure development of the ocean environment.

The University of Victoria has again, taken the lead in Ocean pure and applied research studies, adding this new Park to its impressive array of infrastructure that places British Columbia at the lead of oceans science and technology. OIBC has expressed its support for this investment as well as for the continued development of Ocean Networks Canada, the University’s not for profit organization responsible for the commercial, outreach and policy applications of the research supported by the world-leading VENUS and NEPTUNE Canada cabled ocean observatories.

“Ocean and Marinespace industry represents more than $11.5 billion to our economy and is the livelihood of more than 84,000 people employed in this exciting field.  It’s a part of every western Canadian’s heritage,” said Patrick Marshall. ”We really need to accelerate investment in this sector so that Canada can make measurable progress on climate change through the development of ocean renewable energy technologies. This means building our industry in a way that meets and exceeds our own expectations for a clean, safe and secure ocean and marinespace economy.”

OIBC values its new working relationship with the University of Victoria, Vancouver Island Technology Park, University of Victoria Properties Investments Inc, and Ocean Networks Canada.

Federal and Provincial Governments Support Development Plans of Ocean Technology Park

Victoria, BC – 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. MLA 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.

“This federal funding will help to ensure British Columbia remains a leader in the field of ocean sciences,” said MP Fast. “The Government of Canada is doing its part to ensure that Canada is well positioned for success in the global knowledge-based economy.”

Today’s investment will help University of Victoria Properties Inc. plan and develop an Ocean Technology Park (OTP) and regional tank testing facility, Pacific Centre for Ocean Energy and Engineering (PCOE). Project activities will include feasibility assessments and business plans for the OTP and PCOE, completion of site engineering, master planning and communications plans to develop the proposed park.

“An Ocean Technology Park will provide a vital nexus and focus for economic development, capitalizing on the major growth potential in the ocean and marine science & technology sector,” noted Technology, Trade and Economic Development Minister Ida Chong. “As Canada’s Pacific Gateway, B.C. is ideally positioned to become a world leader in ocean sciences and technologies.”

Development plans for the OTP include a new multi-user building for marine technology companies and research organizations that would see both facilities providing workspace for industry, government agencies and academic researchers involved in ocean technology.

“Together we can provide an environment to foster world class innovation, act as enablers to attract and retain world class talent, create societal benefits by commercializing products and services, while contributing economic benefit to the nation.” said Dale Gann, Acting President, UVic Properties Investments Inc.

University of Victoria Properties Investments Inc. is a corporation owned by UVic. Created in 2005, UVic Properties is responsible for managing several of UVic’s significant off-campus holdings including the Vancouver Island Technology Park, Dunsmuir Lodge Executive Training and Conference Centre, and the Marine Technology Centre.

The governments of Canada and British Columbia work in partnership to foster entrepreneurship initiatives, serving to strengthen and diversify the economy, and improve the quality of life in communities across B.C.

GenoLogics Expands its LIMS Platform with St. George's, University of London

GenoLogics, the leading developer of translational research informatics solutions, today announced that St. George's Medical Biomics Centre's decision to expand its relationship with GenoLogics by adding the Geneus genomics data management system to its existing Proteus proteomics system.

"We have recently extended our genomics analysis capability with the addition of a state of the art Illumina BeadArray system and with the planned increase in capacity and complexity we needed a data management system to help deliver the analysis results quickly to our users and collaborators. With its tight integration with the Illumina BeadStudio software and the flexibility to handle workflows to support different array types and new disciplines such as NextGen sequencing when needed, Geneus was a natural choice for our facility", said Dr. Gary Coulton, Director of Biomics at St. George's University of London (SGUL).

"We will use Geneus and Proteus together in a range of studies to support both internal and externally based research groups and the combination of the two applications will allow us to explore translational medicine applications with a new perspective. Initially we plan to run a series of Biomarker discovery projects using tissue microarrays, MALDI-TOF-TOF and MALDI-Imaging mass spectrometry to identify new surrogate markers for drug efficacy and adverse reactions. Without the capabilities of the Geneus and Proteus data base and workflow engine we would not be able to consider complex projects of this type, without significant additional manpower resources," continued Dr Coulton.

Geneus is a robust genomics informatics system that simplifies end-to-end sample and data management by integrating with instruments from leading genomics technology providers. Geneus increases the productivity of genomic research laboratories challenged with managing large amounts of data. The solution is preconfigured to address genomic workflows, including NextGen sequencing, and delivers advanced querying and reporting capabilities.

Geneus is based on the same configurable and flexible platform as Proteus, GenoLogics' proteomic data management system. The platform is designed to adapt to evolving technologies and changes in lab operations, while easily allowing labs to create their own workflows and processes without the need to write code. It also enables the retrieval of results from bioinformatics pipelines, as well as uses a common adaptive reporting framework to generate meaningful results for cross-science analysis.

"The primary reason we added Geneus to our product suite is because we saw a need in the marketplace for science-purposed data management systems housed on a common platform," explained Michael Ball, CEO of GenoLogics. "We are not only excited to see organizations adopting our multiple-science informatics solution, but also to have clients such as St. George's expanding their relationship with us based on the value they received from using Proteus."

Geneus and Proteus are part of GenoLogics' Solutions for Research Informatics, which enables data from different science workflows and across multiple labs to be tracked, captured and stored in one secure, central lab and data management system. With GenoLogics' highly configurable common platform for multiple science domains, research organizations are able to efficiently conduct cross-science analysis and systems biology.

About Biomics 

The Medical Biomics centre was the world's first purpose built facility combining genomics, transcriptomics, proteomics and metabolomics on a clinical site. This facility provides the opportunity to carry out integrated analysis of the molecular basis of complex disease processes in a custom built facility. The Centre plays a major role in clinical and biomedical research. The facilities available can assist in the development of novel diagnostics, in the identification of new therapeutic targets, and in increasing our understanding of the pathophysiology of disease.

About GenoLogics

GenoLogics provides enterprise level informatics solutions to the life sciences market that spans both the discovery and biomedical research domains. Our science purposed modules for discovery research are complemented by a highly configurable, integrating lab informatics platform that is scalable to service many labs and sciences across an organization. Our biomedical informatics product suite allows labs to track and manage their biospecimen and clinical annotations data, while aggregating results with our research informatics system for a holistic solution. For more information, please visit http://www.genologics.com.

MT Mind Technology Changes Company Name to Seeker Solutions Inc.

VICTORIA, BC, Canada. – July 15, 2008 – MT Mind Technology – the creators of Sprout ( www.yoursprout.ca) – announced that effective immediately, the company has re-branded to Seeker Solutions, Incorporated. Seeker Solutions develops and provides solutions that allow their own unique cataloguing algorithm to map data more intelligently. Seeker Solutions’ main thrust is to maximize the return and quality of searches.

“Information overload has become a waste of precious time,” said Duncan MacRae, founder and president of Seeker Solutions. He adds, “All of us at Seeker Solutions belong to the internet generation – we know how difficult it has become to weed through everything. That’s why we are coming up with new technologies to make things more efficient for users – better ways of searching and better ways of knowing what each user wants.”

This change in name is part of the company’s recent re-branding strategy. Beginning this fall, Seeker Solutions will announce new software solutions for optimized searching both online and off.

About Seeker Solutions

Seeker Solutions Inc. is based in Victoria, BC, Canada. Founded in 2006, the company is developing innovative technologies that enable users to source for relevant content. The company’s search methodologies and unique cataloguing algorithms allow for continuous user recognition for truly customized searches. For more information about the company, please visit us at www.http://www.yoursprout.com/about.html. Or contact, Catherine Prestwich at cprestwich@seekersol.ca and 250-483-4129.

Media Contact
Elizabeth Estrella-Basilio
Phone: +1.408.238.8822
elizabeth@crossborderpr.com

SNAP Newspaper Profiles Canary Cancer Bash and Canary Derby

Follow the links to photos of the Canary Cancer Bash and the Canary Derby:

SNAP Newspaper Canary Cancer Bash Photos

SNAP Newspaper Canary Derby Photos 

Alberta Research Council moves to VITP

The Vancouver Island Technology Park (VITP) is pleased to announce that the Alberta Research Council has decided to open its first British Columbia office at VITP. 

The Alberta Research Council (ARC) is an applied research and development (R&D) corporation that develops and commercializes technology to grow innovative enterprises.  ARC specializes in converting early stage ideas into marketable technology products and services.

ARC employs over 600 scientists, engineers, and professional staff that operate in five facilities located throughout Alberta – in Edmonton, Calgary, Vegreville, Devon and now Victoria. Their customers have access to leading edge expertise, equipment and facilities.  ARC is a not-for-profit corporation that is wholly-owned by the province of Alberta and governed by an eight-member board of directors drawn from the private, public, and higher education sectors.

“We are delighted that the Alberta Research Council has decided to locate their first BC office here at VITP,” says Dale Gann, Vice President of Technology Parks.  “This relationship is reflective of two emerging provinces in the high-tech sector working together towards furthering the knowledge economy within each province.”

The Alberta Research Council is currently located in VITP’s Incubator Facility with the plan of moving into significantly larger space at VITP in Q4 2008.