Tessa Bousfield posted an articleIn 25 years our tech sector has more than tripled from $1 billion in annual revenue to $3.15 billion see more
Source: BCIC and VIATEC
Over the past 25 years, Victoria’s technology sector has more than tripled from $1 billion in annual revenue to $3.15 billion. That type of growth doesn’t happen by chance.
Countless individuals from different backgrounds including industry, academia and government have worked together to build the city’s advanced technology sector. At the centre of this major collaboration has been the Victoria Innovation, Advanced Technology and Entrepreneurship Council (VIATEC).
VIATEC, part of the BC Acceleration Network, has served as a community hub, connected entrepreneurs to resources and information and been the largest local proponent of advanced tech in Victoria. As a result of their efforts, the city’s sector is now the largest private industry and boasts the following:
- 900 tech companies
- 15,000 workers employed
- $4 billion annual economic impact
To learn more about how VIATEC has helped to transform Victoria’s economy through the development of their tech industry, read the report: It Takes A Community: How Community-Based Organizations Can Help Grow Advanced Technology Companies in Regional BC