Building AI-Driven Apps Using Semantic Kernel.pptx
Bc tech achieving-economicimpact-web
1. ACCELERATED TIME TO
MARKET
3+
MONTHS
=
$
$
$
$
ACHIEVING ECONOMIC IMPACT
2014-2019
Making BC the best place to grow a tech company
We are the voice of BC's Technology industry. While our members focus on growing their businesses, BC Tech takes the lead in
tackling the gaps and leveraging the strengths of our ecosystem. We advocate for policies, deliver impactful programming,
promote corporate innovation and technology adoption, educate and connect the tech community, and celebrate the very best of
BC Tech at our annual Technology Impact Awards.
$454M
ADDED TO THE BC GDP
$
$ $ $ $ $
$ $ $ $ $
$ $ $ $
=$
$ $ $ $ $
$ $ $ $
IN FEDERAL, PROVINCIAL &
OTHER TAX REVENUES
$9.70
3XGAIN IN
REVENUE
GENERATING RETURN ON INVESTMENT AND GROWING THE ECONOMY
CREATING BENEFITS FOR BC COMPANIES
BOOSTING THE BC ECONOMY
HELPING CREATE JOBS
THAT BOOST
BRITISH COLUMBIA’S
KNOWLEDGE-BASED
TECHNOLOGY ECONOMY
4,765
ADDITIONAL JOBS
ACROSS THE ECONOMY
$
$
$
$
1,930NEW BC JOBS IN
TECHNOLOGY
COMPANIES
EVERY DOLLAR
RECEIVED CREATES
EVERY DOLLAR
IN ECONOMIC BENEFITS
$14.20
(MEASURED AS GDP)
$49,625
ENABLED AN AVERAGE
COST SAVINGS PER
COMPANY
INVESTED BC TECH ACTIVITIES
GENERATED AN ESTIMATED
2. HyperGrowth
Helping tech companies accelerate
their growth and achieve scale
success
HyperGlobal
Helping tech companies expand
into new markets and scale globally
HyperScale
Helping high growth tech companies
scale to become the next generation
of BC anchors
HyperTalent
Building a strong, diverse, and
inclusive talent pool to help tech
companies scale in BC
HyperTech
Helping non-tech companies adopt
technology to grow revenues and
profit
C-Councils
Facilitating content-rich dialogue
among technology CEOs and C-level
executives
The Hub
Providing collaborative spaces designed
for community building and growth
Technology Impact Awards
Celebrating the change makers, the up-
and-comers, the innovators, and the bold
Events
Hosting world-class events that bring
the tech community together
GROWING THE NEXT GENERATION OF TECH COMPANIES IN BC
Enabled the creation of 1,930 new tech and innovation jobs, plus an
additional 4,765 service and other industry jobs
Generated $454 million in GDP
Turned every dollar invested in BC Tech into $14.2 in economic benefits
(measured in GDP)
Achieved a $201 million fiscal return to federal, provincial and municipal
governments
Realise a threefold increase in sales revenues & fourfold gain in foreign sales
Secure an attributable $47.8 million in new cash inflows
Accelerate time to market by an average of 3+ months
Achieve an estimated $6.2 million in cost savings
GENERATING ROI AND BUILDING THE BC ECONOMY
From fiscal 2014-15 to 2018-19, BC Tech:
GROWING BC COMPANIES AND INCREASING THEIR
GLOBAL COMPETITIVENESS
According to clients served during the same period, BC Tech helped
tech companies:
Based on economic impact analysis of BC Tech's programs and services
conducted by independent consulting firm Bytown Consulting