Canada’s Digital Technology Supercluster has announced its official launch and funding allocation by the Ministry of Innovation, Science, and Economic Development and funding commitments by its initial cohort of members.

The Government of Canada will invest up to $950 million over five years to support industry-led innovation superclusters to accelerate economic growth, productivity, and competitiveness across five Superclusters.

The B.C.-based Digital Technology Supercluster will receive $153 million of this funding.

As an industry-led consortium, the Supercluster will leverage BC’s strengths and position Canada as a global hub for digital technology innovation, generating new jobs, growing GDP and increasing Canada’s global competitiveness through the application of data analytics, quantum computing, and virtual, mixed/augmented reality.