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Cluster Project Announced to Support BC's Cleantech Sector

Press Release Press Release

Jul 24th, 2019

By Foresight

Cluster Project Announced to Support BC's Cleantech Sector

Cluster Announcement.jpg

FOR IMMEDIATE RELEASE

Vancouver, CANADA – July 24, 2019 — Foresight Cleantech Accelerator Centre has today announced a new project designed to add momentum and support to the growing cleantech sector in the Province of British Columbia.

We are establishing a cleantech cluster strategy to showcase BC’s world-class cleantech economy to global industries and markets, through consolidating research, building stakeholder working groups, and developing a collaborative action plan.

“Foresight is delighted to work with Western Economic Diversification Canada and the BC government with the support of Vancity,”said Jeanette Jackson, CEO of Foresight. “One-third of all cleantech startups in Canada started in BC, putting the province in a strong leadership position to grow a profitable and sustainable clean economy. The potential impact of the cleantech sector is enormous. We have some exciting times ahead.”

The project will bring together key stakeholders groups including small and medium sized enterprises (SMEs), associations, industry, investors and Federal and Provincial government to put in motion a sustainable model to help advance British Columbia’s thriving cleantech sector.

“Our government knows that Canada’s clean technology sector is strengthening our economy while improving our environment,” said the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for Western Economic Diversification Canada. “That’s why we’re investing $199,000 in the Foresight Cleantech Accelerator Centre so we can share Canadian innovation with global markets, while creating good paying middle class jobs across western Canada.”

“BC is a leader in Canada’s cleantech sector with over 270 companies working to solve real-world challenges while reducing environmental impacts,”said Bruce Ralston, Minister of Jobs, Trade and Technology. “Our government is pleased to be a part of this initiative that will help enhance BC’s competitiveness in the sector, bringing along with it economic advancement and the opportunity for a more sustainable future.”

The cluster project will include the creation of a cross-industry decision making board to drive the mandate, workshops and roundtable discussions to identify regional priorities and funding considerations.

To find out more, contact:

Catriona Power
Director of Partnerships & Strategy

cpower@foresightcac.com