BCTIA HAS A HISTORY OF WINS
BCTIA is continuously working towards the growth of BC's technology sector. We are always striving toward an increased awareness and marketing of BC globally, a dynamic cost effective environment for R&D, a competitive business climate and an education system that produces the best and brightest.
Our goal is to bring about changes that impact both your top line and your bottom line.
Here are some of our WINS to date:
- BCTIA has, in the context of the Provincial Technology Strategy, consistently lobbied for the establishment of a larger pool of capital to power the growth of the industry. In April, the BC Government launched the anticipated $90 million Renaissance Capital Fund.
- The BCTIA is a founding member of the BC Bioenergy Network (BCBN), and industry-led organization established in March 2008 with a $25 million grant from the BC Government.
- As a result of BCTIA recommendations, the BC Government established a new $7.5 million tax credit in March 2008 through the Small Business Venture Capital Act, to support the activities of the Clean Tech Sector.
- Establishment and continued growth of the BC Technology Scholarship Fund, which has raised over $250K.
- Changes to the Labour Sponsored Venture Capital Fund
- Amendments to the Provincial Employment Standards Act to better reflect the needs of our technology industry
- A 10% provincial R&D top-up tax credit
- A 25% reduction in provincial personal income tax
- A reduction in provincial business tax to 13.5%
- Elimination of the provincial corporate capital tax
- A provincial commitment to double the number of Computer Science and Engineering graduates over the next 5 years
- A provincial commitment to 20 industrial research chairs
- BCTIA has, in the context of the Provincial Technology Strategy, consistently lobbied for the establishment of a larger pool of capital to power the growth of the industry. In April, the BC Government launched the anticipated $90 million Renaissance Capital Fund.
