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Year in Review 2020–2021
Tech Companies
by region
11,000 Companies
across BC
1630
912
177
150
120
7637
Northeast
North Coast & Nechako
Cariboo
Thompson-Okanagan
Kootenay
Lower Mainland SW
Vancouver Island & Coast
240
Year in Review | 2020-2021
BC's Tech Sector
BC Tech Members by Stage
BC Tech members employ over 105,000 people in BC and
more globally
Startup
25%
Revenue: Up to $1M
Employees: 1-9
Growth
Revenue: $1M-$10M
Employees: 10-49
Scale
Revenue: $10M-$50M
Employees: 50-199
Anchor
Revenue: $50M+
Employees: 200+
30%
22% 23%
Technology Impact
Awards Finalists
Spirit of BC Tech – Resilience
Copperleaf
PressReader
Seaspan Shipyards
Thrive Health
Traction on Demand
Excellence in Technology Innovation
Canexia Health
Dapper Labs, Inc.
FORM
TraceSafe Technologies Inc.
Excellence in Technology Adoption
Advanced Intelligent Systems
Boast.ai
HSBC Global Services Canada Limited (HGCA)
Limage Media Group | Give + Share Humanitarian
Software
Company of the Year – Startup
ehsAI
Ideon Technologies
Live It Earth
Matidor.com
Company of the Year – Growth
Acuva Technologies Inc.
Launchpad Technologies Inc.
PrecisionOS Technology
Riipen
Company of the Year – Export
Boast.ai
GeoComply Solutions Inc
Invinity Energy Systems
LMI Technologies
Company of the Year – Scale
Canalyst
East Side Games
Jane Software Inc
Thinkific
Company of the Year – Anchor
AbCellera
Absolute Software
Cymax Group
WELL Health Technologies Corp.
Tech Culture of the Year
Freightera
Klue
Lumen5
Rival Technologies
Game Changer Diversity & Inclusion
Broadband TV
Clio
East Side Games
STEMCELL Technologies
Person of the Year
Dr. Carl Hansen
Laurie Schultz
Hamed Shahbazi
Year in Review | 2020-2021
Ecosystem Impact by the Numbers
328 K-12 educators trained on on tech trends and careers in technology
98 Reskilling graduates retrained for new careers in the tech sector
34 Interns placed in tech company internships, including 13 indigenous youth
25 New entrpreneurs supported to launch their businesses with the HyperStart bootcamp
250 Future Forum Attendees at out inaugural tech trends lecture from Benedict Evans
184 Small businesses supported with mentor connections to learn what tools & tactics to adopt to reach
customers, generate sales, and work remotely
125 Small businesses supported with webinars on how to adapt to a digital business model
45 Matchmaking connections for enterprise customers and innovative solution providers across 3
conection days
Helping BC Tech companies to grow and scale
Advancing technology adoption
700 Participants at BC Tech community town halls throughout COVID
500 Hours of peer to peer learning delivered across 10 C-Councils to accelerate member success
450 Tech companies supported with webinars on talent, capital, growth, export & customer acquisition
400 Hours of cohort programming support delivered to 8 high potential AI companies
300 Tech Companies connected to Covid advisors, mentors, best practices, and tools to help maintain &
grow operations, build resiliency, & prepare for a successful recovery post-pandemic
200+ Hours of Advocacy for ScaleUp BC, our ambitious plan to scale up 800 tech companies across BC
36 Weekly Newsletters with a 26% open rate and 9% click through rate
11 Member surveys and polls
73 Members supported with global visa referrals creating a total of 400 new jobs since 2017
800 TIAs audiences at the first ever fully virtual TIAs that nonetheless retained the sizzle #jazzhands
Growing and diversifying BC’s tech talent pool
2020-21 Partners
/wearebctech /wearebctech @wearebctech @wearebctech hello@wearebctech.com 604-683-6159
Covid brought a year of challenge, pivots and inspiration
2020-2021 was a challenging
year for BC Tech. First came
Covid, and the need for our
team to quickly adapt to a
largely remote working model
while we maintained a skeleton
staff at the BC Tech Innovation
Hub to support our tenants.
Then, in the Fall, came the loss
of the government funding that
supported the Innovation Hub
and our Accelerator programs.
But challenge is the mother of
invention and innovation and like the BC Tech community we serve
we pivoted and moved ahead with a different business model and
just as ambitious an agenda. We launched ScaleUP BC, a platform to
support 800 tech companies to grow and scale into the anchor
companies of tomorrow, in partnership with 10 other innovation
organizations across BC, and others joining all the time. You can sign
up here to become a supporter: wearebctech.com/scaleup-bc
We delivered a virtual TIAs award show that was a triumph,
maintaining the audience reach and the emotional impact of earlier
years’ galas. And we released the 2020 BC Tech KPMG Technology
Report Card that put a laser focus on the need to tackle BC’s
scaleup gap. Only 1% of BC’s tech companies grow into Anchors with
200+ employees, and that is nowhere near realizing the potential of
our sector.
As if the universe heard our call to action, in the first half of 2021,
seven BC Tech companies demonstrated what can be achieved
when we support companies to grow and scale into their potential.
AbCellera, Clio, Dapper Labs, Galvanize, Geocomply, Thinkific, and
Trulioo all now sit at unicorn valuations of $1B. All members of BC
Tech giving back to develop the next generation!
I’m proud of the work our team has done this year and the impact
we’ve delivered, much of which is outlined in this report. I’m proud
of our members and the new heights they are achieving. And most of
all I’m proud of this community that refuses to take no for an answer
as we continue to build a better future. BC Tech’s success is truly a
story of a community lifting each other up to achieve greater
heights.
AbCellera • Absolute • Accenture • Allocadia • Amazon Web Services • Basin Business Advisor
Program • BCIT • BDC • Blakes • Canaccord • Canada’s Digital Technology Supercluster • Columbia
Basin Trust • CENGN • CIBC • Cisco • Clio • Copperleaf • Deloitte • East Side Games • EDC • EY • Fasken
• Farris • Finning • Generac • Gowling WLG • Hootsuite • KPMG • Launchpad Technologies • Lawson
Lundell • Low Tide Properties • Lyft • MDA • Microsoft • MNP • Osler • Providence Health • PwC •
Rogers • SAP • Seaspan • Switchboard PR • Telus • Traction on Demand
2020-21 Board of Directors
Dan Box
Rich Osborn
Managing Partner
Telus Ventures
Cameron Burke (Treasurer)
Partner
Fort Capital
Vice President, Strategic Growth
EA Sports
Pamela Saunders
Public Relations & Social Impact
Microsoft Vancouver
Christy Wyatt
President & CEO
Absolute
James P. Hatton (Secretary)
Partner
Farris LLP
Jesse Dougherty
Vice President, AWS
Amazon Vancouver
Kirsten Sutton
Chief Technology & Information Officer
Vancity
Kristine Steuart (Chair)
CEO & Co-Founder
Allocadia
Dave Cummings
Executive VP & Chief Digital Officer
Finning Digital
Helen Sheridan
Senior Vice President, Human Resources
STEMCELL Technologies
Kate Wright
Senior Vice President, Product
Development
Tableau Software
Year in Review | 2020-2021

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BC Tech Annual Report 2020-2021

  • 1. Year in Review 2020–2021
  • 2. Tech Companies by region 11,000 Companies across BC 1630 912 177 150 120 7637 Northeast North Coast & Nechako Cariboo Thompson-Okanagan Kootenay Lower Mainland SW Vancouver Island & Coast 240 Year in Review | 2020-2021 BC's Tech Sector BC Tech Members by Stage BC Tech members employ over 105,000 people in BC and more globally Startup 25% Revenue: Up to $1M Employees: 1-9 Growth Revenue: $1M-$10M Employees: 10-49 Scale Revenue: $10M-$50M Employees: 50-199 Anchor Revenue: $50M+ Employees: 200+ 30% 22% 23% Technology Impact Awards Finalists Spirit of BC Tech – Resilience Copperleaf PressReader Seaspan Shipyards Thrive Health Traction on Demand Excellence in Technology Innovation Canexia Health Dapper Labs, Inc. FORM TraceSafe Technologies Inc. Excellence in Technology Adoption Advanced Intelligent Systems Boast.ai HSBC Global Services Canada Limited (HGCA) Limage Media Group | Give + Share Humanitarian Software Company of the Year – Startup ehsAI Ideon Technologies Live It Earth Matidor.com Company of the Year – Growth Acuva Technologies Inc. Launchpad Technologies Inc. PrecisionOS Technology Riipen Company of the Year – Export Boast.ai GeoComply Solutions Inc Invinity Energy Systems LMI Technologies Company of the Year – Scale Canalyst East Side Games Jane Software Inc Thinkific Company of the Year – Anchor AbCellera Absolute Software Cymax Group WELL Health Technologies Corp. Tech Culture of the Year Freightera Klue Lumen5 Rival Technologies Game Changer Diversity & Inclusion Broadband TV Clio East Side Games STEMCELL Technologies Person of the Year Dr. Carl Hansen Laurie Schultz Hamed Shahbazi
  • 3. Year in Review | 2020-2021 Ecosystem Impact by the Numbers 328 K-12 educators trained on on tech trends and careers in technology 98 Reskilling graduates retrained for new careers in the tech sector 34 Interns placed in tech company internships, including 13 indigenous youth 25 New entrpreneurs supported to launch their businesses with the HyperStart bootcamp 250 Future Forum Attendees at out inaugural tech trends lecture from Benedict Evans 184 Small businesses supported with mentor connections to learn what tools & tactics to adopt to reach customers, generate sales, and work remotely 125 Small businesses supported with webinars on how to adapt to a digital business model 45 Matchmaking connections for enterprise customers and innovative solution providers across 3 conection days Helping BC Tech companies to grow and scale Advancing technology adoption 700 Participants at BC Tech community town halls throughout COVID 500 Hours of peer to peer learning delivered across 10 C-Councils to accelerate member success 450 Tech companies supported with webinars on talent, capital, growth, export & customer acquisition 400 Hours of cohort programming support delivered to 8 high potential AI companies 300 Tech Companies connected to Covid advisors, mentors, best practices, and tools to help maintain & grow operations, build resiliency, & prepare for a successful recovery post-pandemic 200+ Hours of Advocacy for ScaleUp BC, our ambitious plan to scale up 800 tech companies across BC 36 Weekly Newsletters with a 26% open rate and 9% click through rate 11 Member surveys and polls 73 Members supported with global visa referrals creating a total of 400 new jobs since 2017 800 TIAs audiences at the first ever fully virtual TIAs that nonetheless retained the sizzle #jazzhands Growing and diversifying BC’s tech talent pool
  • 4. 2020-21 Partners /wearebctech /wearebctech @wearebctech @wearebctech hello@wearebctech.com 604-683-6159 Covid brought a year of challenge, pivots and inspiration 2020-2021 was a challenging year for BC Tech. First came Covid, and the need for our team to quickly adapt to a largely remote working model while we maintained a skeleton staff at the BC Tech Innovation Hub to support our tenants. Then, in the Fall, came the loss of the government funding that supported the Innovation Hub and our Accelerator programs. But challenge is the mother of invention and innovation and like the BC Tech community we serve we pivoted and moved ahead with a different business model and just as ambitious an agenda. We launched ScaleUP BC, a platform to support 800 tech companies to grow and scale into the anchor companies of tomorrow, in partnership with 10 other innovation organizations across BC, and others joining all the time. You can sign up here to become a supporter: wearebctech.com/scaleup-bc We delivered a virtual TIAs award show that was a triumph, maintaining the audience reach and the emotional impact of earlier years’ galas. And we released the 2020 BC Tech KPMG Technology Report Card that put a laser focus on the need to tackle BC’s scaleup gap. Only 1% of BC’s tech companies grow into Anchors with 200+ employees, and that is nowhere near realizing the potential of our sector. As if the universe heard our call to action, in the first half of 2021, seven BC Tech companies demonstrated what can be achieved when we support companies to grow and scale into their potential. AbCellera, Clio, Dapper Labs, Galvanize, Geocomply, Thinkific, and Trulioo all now sit at unicorn valuations of $1B. All members of BC Tech giving back to develop the next generation! I’m proud of the work our team has done this year and the impact we’ve delivered, much of which is outlined in this report. I’m proud of our members and the new heights they are achieving. And most of all I’m proud of this community that refuses to take no for an answer as we continue to build a better future. BC Tech’s success is truly a story of a community lifting each other up to achieve greater heights. AbCellera • Absolute • Accenture • Allocadia • Amazon Web Services • Basin Business Advisor Program • BCIT • BDC • Blakes • Canaccord • Canada’s Digital Technology Supercluster • Columbia Basin Trust • CENGN • CIBC • Cisco • Clio • Copperleaf • Deloitte • East Side Games • EDC • EY • Fasken • Farris • Finning • Generac • Gowling WLG • Hootsuite • KPMG • Launchpad Technologies • Lawson Lundell • Low Tide Properties • Lyft • MDA • Microsoft • MNP • Osler • Providence Health • PwC • Rogers • SAP • Seaspan • Switchboard PR • Telus • Traction on Demand 2020-21 Board of Directors Dan Box Rich Osborn Managing Partner Telus Ventures Cameron Burke (Treasurer) Partner Fort Capital Vice President, Strategic Growth EA Sports Pamela Saunders Public Relations & Social Impact Microsoft Vancouver Christy Wyatt President & CEO Absolute James P. Hatton (Secretary) Partner Farris LLP Jesse Dougherty Vice President, AWS Amazon Vancouver Kirsten Sutton Chief Technology & Information Officer Vancity Kristine Steuart (Chair) CEO & Co-Founder Allocadia Dave Cummings Executive VP & Chief Digital Officer Finning Digital Helen Sheridan Senior Vice President, Human Resources STEMCELL Technologies Kate Wright Senior Vice President, Product Development Tableau Software Year in Review | 2020-2021