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2nd Annual Technology Innovation Competition Accepting Applications in Regional BC

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Joined: Jan 5 2011
Date: 
September 28, 2011

The New Ventures BC Society is now accepting applications for the 2nd annual BCIC-New Ventures Competition: Regional (BCIC-NVC: Regional), a boot camp for technology startups located outside Metro Vancouver. The cost to enter is $100 and provides participants with access to the competition's series of seminars and networking events while competing to take home one of three prizes totaling $60,000.

Last year's regional competition winners included a closed loop waste-recycling technology, a lightweight, shock-absorbing forearm crutch and an online memorial service program.

For regional startups serious about developing their technology companies, the BCIC-New Ventures Competition: Regional can serve as a stepping stone to the larger province-wide iteration, now in its 11th year, which will award more than $365,000 in prizes on September 22, 2011 in Vancouver.

"The BCIC-New Ventures Competition has helped launch several of BC's most promising technology companies, from Genologics in Victoria to RFind in Kelowna. By combining education, networking and mentorship, companies can jumpstart their company's growth," said Bob de Wit, Executive Director of the New Ventures BC Society. "The prize money ends up being a bonus because everyone wins from the experience."

"BCIC is proud to continue its support of the BCIC-New Ventures Competition: Regional," said Mark Payne, Acting CEO of BCIC. "The competition provides training and mentorship to the next generation of BC entrepreneurs and will lead to job growth and increased revenue across the whole province."

Upcoming regional events:
September 27, Castlegar - Market Research and Product Marketing with Dave Thomas, Rocketbuilders
October 12, Kelowna - Start at the End: Exit Strategy with Basil Peters
October 26, Kamloops - Magnetic Startups: Build It Right & Money Will Come with Roger Killen

The BCIC-NVC: Regional offers $60,000 in prizes, including a $30,000 First Prize, $20,000 Second Prize and $10,000 Third Prize. The competition is open to any BC person, resident or business located outside of Metro Vancouver with a technology-focused idea that has not yet secured significant financing from external investors.

Registration is now open. Application deadline: October 19th, 2011, 11:59pm. Visit www.newventuresbc.com/regional-competition for all seminar dates and complete competition information, including rules, timelines and registration form.

About the BCIC-New Ventures Competition: Regional
The BCIC-New Ventures Competition: Regional addresses the special interests of BC's early-stage tech companies located outside Metro Vancouver, and supports BC's emerging technology industry. It is operated by the non-profit New Ventures BC Society and sponsored by both the public and private sectors.

About the winners of the first BCIC-New Ventures Competition: Regional and where they are now:

1st place: Reef Safe Fish: A closed loop waste-recycling technology that filters fish waste and then combines it with fertilizer to produce fish food onsite. Since the end of the competition in February 2011, the creators have hired an additional two staff and are preparing for growth. They were also a finalist of the 2011 VIATeC ‘Emerging Tech Company' award.

2nd place: SideStix: An ergonomic, shock-absorbing forearm crutch that significantly reduces joint compression and the secondary injuries that often arise from using crutches. Since the competition ended, SideStix has improved their technology by incorporating carbon fibre (lightweight and highly durable), secured shelf space in several retail medical equipment stores and hospitals in Greater Vancouver and in May, faced another panel of judges on CBC's Dragons' Den. The segment will air this upcoming season!

3rd place: MemoryLeaf: An online memorial service where users can create a lasting legacy for their loved ones through photos, videos and stories posted in an engaging and elegant virtual environment. Since the competition, the company has moved into the new Kamloops Innovation Centre, a full service accelerator which provides office, meeting and laboratory spaces for new and expanding tech entrepreneurs.

For more information about the BCIC-New Ventures Competition, visit www.newventuresbc.com or www.twitter.com/nvbc

About BCIC
BCIC (British Columbia Innovation Council) develops entrepreneurial talent and commercializes technology. BCIC focuses on competitively positioning British Columbia in today's global knowledge economy in order to provide significant employment opportunities and a high standard of living for British Columbians. BCIC is a Crown Agency of the Province of British Columbia.
For more information about BCIC, visit www.bcic.ca or www.twitter.com/bcic.
 

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