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Accelerate Okanagan Receives $473,000 in New Funding from the Government of Canada to Expand Programming
Wednesday, January 17, 2018Company Profile | Follow Company
Accelerate Okanagan to expand programs targeting clean technology, indigenous entrepreneurs and communities in rural British Columbia
Kelowna, BC, January 17, 2018--(T-Net)--Accelerate Okanagan announced this week that it has received $473,000 in new funding from the Government of Canada (via Western Economic Diversification) to scale up their programming while expanding their services to target new communities.
Clean technology companies, Indigenous entrepreneurs and communities in rural British Columbia will get help turning business ideas into reality.
Accelerate Okanagan's mission is to give new and growing technology-driven businesses the mentorships and connections they need to thrive through programs like Startup Basics and RevUp. With this funding, Accelerate Okanagan will be able to expand these two programs while adding a new focus on clean technology and Indigenous entrepreneurs.
The funding will also help Accelerate Okanagan extending these programs into Kamloops, Nanaimo, and Prince George.
The funding will also support an increased emphasis on clean technology at Metabridge 2018 — an annual retreat that connects Canadian technology companies with peers in Silicon Valley. By attracting clean technology entrepreneurs to this event, more local companies will benefit from exposure to global entrepreneurs and venture capital.
In 2015, the Okanagan technology industry contributed $1.3 billion to the overall Okanagan economy, according to the association.
Quick Facts
"Innovation and technology have the potential to drive our economy and create well-paying jobs for all Canadians. By expanding their services across British Columbia, Accelerate Okanagan is helping more people - especially those who live in rural and Indigenous communities - to turn their entrepreneurial ideas into economic success stories." said Stephen Fuhr, Member of Parliament for Kelowna-Lake Country.
"I strongly believe that mentorship programs are key to the successful growth of any company and critical in creating a robust entrepreneurial ecosystem. Through this initiative, our mentorship programs will now have greater reach and impact and this will ensure we continue to build a strong future for Canada's economy." stated Raghwa Gopal, CEO, Accelerate Okanagan.
Additional Links
Contact:
Ben Stanford, Regional Communications Manager, Western Economic Diversification Canada, Telephone: 604-666-7038, Email: ben.stanford@canada.ca;
Kathleen Reid, Media Relations, Accelerate Okanagan, Telephone: 604-724-1242, Email: media@accelerateokanagan.com
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