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Up to $300,000 for B.C. Innovation Projects Is Up for Grabs

May 6, 2024 by Bulletin Board Leave a Comment

Applications are now open for Innovate BC’s Ignite program, which awards up to $300,000 to fund B.C.-based research and development projects that are creating game-changing innovations in the areas of natural resources, engineering and applied sciences.

Supporting the Province of B.C.’s Stronger BC Economic Plan, the Ignite program helps aid B.C. businesses with the funds needed to add value to industries, create new jobs, and accelerate growth in B.C.’s economy.

Since the program started in 2016, 41 projects have been funded by a combined $10.7 million, and have garnered more than $239 million in follow-on investments and awards, and 21 projects have been completed to date generating $5.4 million in revenue. To date, more than 288 academic and industry jobs have been created or maintained through this program.

“Through Ignite, partnerships between companies and academic researchers will grow, leading to new solutions that will improve the quality of life for British Columbians, while strengthening B.C.’s diverse economy,” said Brenda Bailey, Minister of Jobs, Economic Development, and Innovation.

“B.C. has been following our Industrial Blueprint and taking action to drive new investment, create new jobs and seize new opportunities in growing clean energy and sustainable industries.”

The funding offered through the Ignite program opens doors to many B.C.-based companies and researchers working to solve significant challenges seen in B.C. Former Ignite winning projects are providing solutions in the areas of cleantech, energy, mining, forestry, and agriculture.

Applications are open until July 8th at 11:59 PM PDT. Learn more and apply here.

Want to know how to make your application stand out? Join Innovate BC for an info session on May 23rd.

Filed Under: Bulletin Board Tagged With: Innovate BC

 

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