Mission

Discovery Parks will use its assets to create capital through Investment in early stage technology companies, with a focus on Health Technology. It will provide business mentorship, capital investment and value creation through its Investment Corporation, Nimbus Synergies Inc., to grow its equity base and to support its Vision.

Vision

Deploying capital that has been created through the Mission, Discovery Parks will become a significant funder of programs and activities that increase employment through the growth and profitability of technology companies in British Columbia. Our Vision is to see technology become the most productive, economically important and socially relevant industry in British Columbia. Discovery Parks will provide funding to Discovery Foundation while working with relevant technology industry associations, educators and mentors.

Nimbus Synergies is an innovative investment program that will deliver a big boost to BC's Health Tech sector.

Unlike anything seen in BC to date, Nimbus will invest Discovery Parks' assets in growing companies that focus on the intersection between health, life sciences, and technology.

Each year, three to five companies will be selected to receive this unique support. Nimbus will bring these companies together to share resources, industry specific knowledge, and relationships - to accelerate their growth and commercialization.

"Nimbus Synergies represents a new business model for Discovery Parks and highlights the shifting needs of BC's tech industry. While in the past, emerging tech businesses looked to Discovery Parks to provide space and incubation, today this fertile industry needs business mentorship, capital investment and value creation - which is exactly what Nimbus will provide. I'm very excited to be spearheading this new vision for BC's tech sector." - Paul Geyer, CEO, Discovery Parks

For further information, please contact:
Laura Cassin
604-734-7275 ext. 3
lauracassin[at]discoveryparks.com