News

BCTIA and e@UBC Develop Entrepreneurial Ecosystem for British Columbia’s Technology Sector

Published on Wednesday, December 10, 2014

VANCOUVER, BC (December 10, 2014) – The BC Technology Industry Association (BCTIA) and entrepreneurship@UBC (e@UBC), a unique program that delivers an unprecedented combination of education, venture creation, and seed funding to maximize the creation of commercial and social ventures, today announced a strategic partnership to deliver comprehensive programming that will support emerging tech companies from concept to commercialization.

Over the past year, the e@UBC and BCTIA teams have worked together to develop common training and mentoring platforms with the goal of seamlessly transitioning graduates of the e@UBC program to the BCTIA Centre4Growth program and the new Innovation Hub. Entrepreneurs of the e@UBC Lean LaunchPad Accelerator program will now experience the benefit of spending a portion of their cohort time as residents of The Hub where they will have access to the full range of Centre4Growth services and support delivered there.

“This partnership recognizes the importance of supporting companies throughout their stages of growth. By partnering with e@UBC, we can combine the best of our programs to provide the connections, advice and support needed to grow successful companies,” said Bill Tam, BCTIA President & CEO.

The Hub is a 26,000 square foot collaboration space that will be home to entrepreneurs and early-stage tech companies committed to growing their companies. In addition to state-of-the-art infrastructure and a multitude of offices, hot-desks, meeting rooms and collaboration space, entrepreneurs will access valuable Centre4Growth programs and services.

e@UBC’s entrepreneurship initiatives range from access to a vast alumni mentor network to an entire ecosystem of integrated programs that can easily be accessed by UBC students, faculty members, alumni, and staff. Through the BCTIA Centre4Growth, a focused incubator program that delivers customized support and resources to fit each company’s needs and stage of growth, e@UBC saw an opportunity to provide its ventures with a seamless transition from a university based program into BC’s growing technology community.

“Over the past year, e@UBC was instrumental in advancing 240 new ventures from seven different faculties through the e@UBC Accelerator and other entrepreneurship programs,” said Andrew Talbot, Executive Director, e@UBC. “Our partnership with BCTIA provides these ventures with the next step they need to grow their customer and revenue base.”

About the BCTIA:
The BC Technology Industry Association (BCTIA) supports the development, growth, and advancement of technology companies of all sizes, from every sector – to foster an ecosystem that expands the number of globally successful businesses in British Columbia and Canada. For over 20 years, the BCTIA has helped to grow BC’s tech cluster of nearly 9,000 companies that today employs over 90,000 people and generates more than $23 billion in revenue.
www.bctia.org

About the BCTIA Innovation Hub:
The BCTIA Innovation Hub is a 26,000 square foot open collaboration space dedicated to helping tech companies grow. The Hub is a place where early-and growth-stage companies connect with mentors and coaches, professional services, resources, investors, partners, customers and government agencies – it’s a place dedicated to fueling company growth.
www.bctia.org/thehub

About entrepreneurship@UBC:
entrepreneurship@UBC (e@UBC) is a unique program that delivers an unprecedented combination of education, venture creation, and seed funding to maximize the number of successful ventures coming out of The University of British Columbia. e@UBC’s mission is to “inspire and encourage entrepreneurial thinking to create innovative commercial and social ventures.” The university created the e@UBC program to increase knowledge mobilization within and across all educational disciplines and to advance the impact of research in business and society. For more information, please visit
http://entrepreneurship.ubc.ca.