A new investment from Pacific Economic Development Canada will see nearly 500 electric vehicle chargers installed throughout British Columbia. Spread across eight projects, the $22 million investment is slated to add chargers along main travel routes, in public places, at workplaces and in multi-unit residential buildings, according to Gregor Robertson, minister responsible for PacifiCan. “We […]
PacifiCan
Moment Energy Garners $4.9M to Scale Battery Repurposing Solution in Canada
The federal government is investing in Coquitlam’s Moment Energy. Canada this week announced $4.9 million for Moment, which recycles retired electric vehicle batteries into battery energy storage systems. When an EV battery reaches the end of its automotive life, it often still has up to 80% of its storage capacity which can be used in […]
PacifiCan Powers Up B.C.’s Hydrogen Cluster with Clean Energy Investment
British Columbia is home to the largest hydrogen and fuel cell cluster in Canada, housing more than half of all related companies in the country. Employing nearly 1,400 full-time workers, this hydrogen cluster powers low-emission energy solutions—and this week attracted federal investment. “With clean energy innovation, British Columbians are leading Canada into the hydrogen economy,” […]
Integrated Marketplace Garners Capital from PacifiCan to Fuel A.I. Tech in B.C.
The federal government recently announced that it is investing nearly $2 million into the Integrated Marketplace to fuel AI-powered innovation. “Using AI to drive and accelerate productivity through robust investments in innovative companies is critical in this moment of crisis,” believes Evan Solomon, Minister of Artificial Intelligence and Digital Innovation. “With this investment, PacifiCan is […]
SFU’s VentureLabs Gets $2.5M to Boost Deeptech Startups
PacifiCan has announced over $17 million in funding for 10 organizations aimed at scaling up businesses in British Columbia’s key sectors, including life sciences, clean technology, and construction. The investment, delivered through PacifiCan’s Business Acceleration Pilot (BizAP), will enhance access to capital, expand commercial networks, and strengthen B.C.’s position as a leader in innovation. Since […]
Three Burnaby Tech Firms Garner PacifiCan Funding to Scale Up in B.C.
Based out of Burnaby, pH7 Technologies is a globally recognized clean-tech innovator providing mines and original equipment manufacturers with eco-friendly and cost-effective technology-based solutions for extracting and processing high-value metals deemed essential for the development of hydrogen energy and electrification. This week, the federal government unveiled nearly $4 million in funding for three Burnaby businesses, […]
PacifiCan Unveils $3M Investment to Help Support Entrepreneurship in B.C.
The federal government this month announced $2.7 million in funding targeting entrepreneurship in British Columbia. The funding hails from the Pacific Economic Development Agency of Canada, which is focused on supporting business growth in BC. “British Columbia’s small businesses are the heart of our communities and the economic engine of our province,” stated minister Harjit […]
Canada Offers $9.4M to Support Local Innovation in B.C.’s Fastest-Growing City
A popular landing pad for immigrants to the west coast of Canada, Surrey is tracking to become the most populous city in British Columbia as soon as 2029, with a projected population of up to one million by 2042. “Surrey is the fastest growing city in British Columbia,” affirms Randeep Sarai, a member of parliament […]
Ideon, Lucid Vision Labs Garner Capital from Government to Advance Their Tech
The federal government this month announced financial support for two companies based in British Columbia. A total of $4.7 million in interest-free capital from the Pacific Economic Development Agency of Canada is going to two firms out of Richmond. Ideon Technologies is slated to receive $2.7 million in funding to commercialize their subsurface intelligence system, […]
Open Ocean Robotics Among Eight Vancouver Island Firms Freshly Funded to Innovate, Expand
The federal government this month announced $3.5 million in funding through the Pacific Economic Development Agency of Canada to help eight Vancouver Island-based organizations advance innovation and attract visitors to the region. “Amazing things are happening on Vancouver Island,” reads a statement. “From technology to tourism, local innovators and entrepreneurs across industries are coming together […]