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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
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

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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