businesspress24.com - Harper Government Investment Supports Growth in Innovative B.C. Business
 

Harper Government Investment Supports Growth in Innovative B.C. Business

ID: 1341573

(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 03/03/15 -- Western Economic Diversification Canada

Today, the Honourable Michelle Rempel, Minister of State for Western Economic Diversification, announced $900,000 in funding to the Alacrity Foundation of British Columbia (Alacrity) to drive economic growth and facilitate United States (U.S.) investments for small- and medium-sized enterprises (SMEs) in Western Canada. Specifically, this project will focus on B.C.''s technological SMEs within three sectors: wireless, clean technology and life sciences.

With the funding, Alacrity will connect growth-oriented B.C. companies with U.S. venture capital firms that have strong industry knowledge and connections to relevant markets, and coach them to a point where they are U.S. investor-ready. Alacrity will also maintain a presence in Silicon Valley, and leverage this along with existing partner networks in the venture capital industry, and facilitate meetings between both parties to evaluate agreements and plan for future growth.

Through this project, Alacrity will provide a direct link for Silicon Valley venture capital firms to invest in growing companies from Western Canada. Silicon Valley is the heart of the worldwide venture capital investment network and establishing a presence there for Canadian companies will create major opportunities for economic activity.

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Quotes

"Our Government is committed to ensuring western Canadian businesses have access to global markets. This project will enhance the Canadian tech industry and create key links with the United States to benefit Canadian businesses."

"We are very excited to be launching the Alacrity Investor Readiness Program in partnership with Western Economic Diversification Canada. Ensuring that growing companies have access to capital is vital to their success and this program specifically targets that need."

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Contacts:
Emily Goucher
Office of the Minister
Western Economic Diversification Canada
613-954-8097


Javier Bustos
Program Facilitator
The Alacrity Foundation of British Columbia
250-412-3177


WD Toll-Free Number: 1-888-338-WEST (9378)
Teletypewriter (TTY): 1-877-303-3388
Website: WD is online at


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Bereitgestellt von Benutzer: Marketwired
Datum: 03.03.2015 - 13:00 Uhr
Sprache: Deutsch
News-ID 1341573
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