Government of Canada to Announce Investments That Support Business Growth Across B.C.
OTTAWA, ON (January 30, 2025) – The Government of Canada today announced a series of investments that will support business growth and create jobs across British Columbia.
The investments, which total over $100 million, will be used to fund a variety of initiatives, including:
- The creation of a new business accelerator program that will provide mentorship, training, and funding to early-stage businesses.
- The expansion of the BC Innovation Fund, which provides grants to businesses that are developing new and innovative products and services.
- The launch of a new program that will help businesses to adopt new technologies and improve their productivity.
“Our government is committed to supporting businesses and creating jobs across British Columbia,” said the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development. “These investments will help businesses to grow and innovate, and will create a more prosperous future for all Canadians.”
The Government of Canada is working in partnership with the Province of British Columbia, the private sector, and other stakeholders to support business growth in the province. The investments announced today are part of the government’s Innovation and Skills Plan, a multi-year plan to invest in the skills and innovation needed to build a strong and prosperous economy.
“We are pleased to partner with the Government of Canada to support business growth and job creation in British Columbia,” said the Honourable Bruce Ralston, BC Minister of Jobs, Trade and Technology. “These investments will help businesses to succeed and will create a more prosperous future for all British Columbians.”
The investments announced today are expected to create over 1,000 new jobs and support the growth of over 500 businesses across British Columbia.
Government of Canada to announce investments that support business growth across B.C.
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