Economic Development Minister Melanie Joly rises during Question Period in the House of Commons on Parliament Hill in Ottawa on November 26, 2018. THE CANADIAN PRESS/Justin Tang

Federal government announces $3 million to support B.C. tech companies

The money is part of the $304-million Regional Relief and Recovery Fund for Western businesses

B.C.’s small- and medium-sized technology businesses are getting some financial help from the federal government.

Economic Development Minister Melanie Joly announced almost $3 million to help the sector address the economic impacts of the COVID-19 pandemic.

Up to 2,500 innovation firms will benefit and the funding is expected to support about 1,000 jobs.

The money is part of the $304-million Regional Relief and Recovery Fund for Western businesses that Joly announced in May.

Joly says in a news release that the investment is a vote of confidence in the future of B.C.’s technology sector.

Raghwa Gopal, the president of Innovate BC, says the funding will help B.C. businesses get access to training, mentorship and other services that will help maintain jobs.

The Canadian Press

Like us on Facebook and follow us on Twitter.

Want to support local journalism? Make a donation here.

CoronavirusTechnology

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

‘Each step is a prayer’: Ojibwe man will walk from Hope to Vancouver Island for Indigenous healing, reconciliation

James Taylor departs Sept. 20, returns to Saanich in five days for sacred fire

COLUMN: We don’t need an election. But it’s 2020, so we’ll probably get one anyways.

There are only selfish reasons for the NDP to trigger an election this fall

Say ‘Hi’ to the mountains (and rain): The smoke is gone from the Fraser Valley, for now

Saturday’s Fraser Valley air quality forecast at ‘moderate risk,’ but morning showers leave skies clear

Machine pistol among 14 firearms seized from Alaska man at Abbotsford border crossing

Corey Scott Kettering faces charges of smuggling and prohibited firearm possession

CHARTS: Beyond Metro Vancouver, COVID-19 cases in B.C. haven’t increased much recently

COVID-19 case counts outside of Metro Vancouver have been level since July

QUIZ: A celebration of apples

September is the start of the apple harvest

Ferry riders say lower fares are what’s most needed to improve service

Provincial government announces findings of public engagement process

Air quality advisory ends for the Lower Mainland

It had been in effect since Sept. 8

Supreme Court Justice Ruth Bader Ginsburg dies at 87

The court’s second female justice, died Friday at her home in Washington

Emaciated grizzly found dead on central B.C. coast as low salmon count sparks concern

Grizzly was found on Gwa’sala-‘Nakwaxda’xw territory in Smith Inlet, 60K north of Port Hardy

VIDEO: B.C. to launch mouth-rinse COVID-19 test for kids

Test involves swishing and gargling saline in mouth and no deep-nasal swab

Young Canadians have curtailed vaping during pandemic, survey finds

The survey funded by Heart & Stroke also found the decrease in vaping frequency is most notable in British Columbia and Ontario

B.C. teachers file Labour Relations Board application over COVID-19 classroom concerns

The application comes as B.C.’s second week of the new school year comes to a close

70-year-old punched in the head in dispute over disability parking space in Nanaimo

Senior’s turban knocked off in incident at mall parking lot

Most Read