Close X
Friday, November 22, 2024
ADVT 
National

B.C. tech companies get $3 million from feds

Darpan News Desk The Canadian Press, 28 Jul, 2020 10:31 PM
  • B.C. tech companies get $3 million from feds

British Columbia's small- and medium-sized technology businesses are getting some financial help from the federal government.

Economic Development Minister Melanie Joly announced almost $3 million to help the sector address the economic impacts of the COVID-19 pandemic.

Up to 2,500 innovation firms will benefit and the funding is expected to support about 1,000 jobs.

The money is part of the $304-million Regional Relief and Recovery Fund for Western businesses that Joly announced in May.

Joly says in a news release that the investment is a vote of confidence in the future of B.C.'s technology sector.

Raghwa Gopal, the president of Innovate BC, says the funding will help B.C. businesses get access to training, mentorship and other services that will help maintain jobs.

MORE National ARTICLES

Canada easing border rules for U.S. students

Canada easing border rules for U.S. students
The federal government appears to have relaxed restrictions at the Canada-U.S. border that would have made it impossible for first-year university students from the United States to enter the country.

Canada easing border rules for U.S. students

Trudeau to testify on WE affair Thursday

Trudeau to testify on WE affair Thursday
The federal government agreed to pay no more than $543.5 million as part of a deal to have the WE organization run a student-volunteer program that was budgeted to spend hundreds of millions more.

Trudeau to testify on WE affair Thursday

Activists to rally in Halifax for public inquiry

Activists to rally in Halifax for public inquiry
People are gathering at a Halifax park today to demand a public inquiry into the Nova Scotia mass shootings.

Activists to rally in Halifax for public inquiry

Several hurt in latest crash near Pemberton, B.C.

Several hurt in latest crash near Pemberton, B.C.
For the third time in one month police have been called to a serious crash along Highway 99 near Pemberton, B.C.

Several hurt in latest crash near Pemberton, B.C.

800 more student homes at UVic: premier

800 more student homes at UVic: premier
The British Columbia government says it is on track to have nearly 800 student homes at the University of Victoria ready by 2022.

800 more student homes at UVic: premier

Swings in five local Abbotsford playgrounds were found vandalized

Swings in five local Abbotsford playgrounds were found vandalized
The Abbotsford Police Department is asking for the public’s assistance with information after the swing sets in five local Abbotsford Playgrounds were found vandalized.

Swings in five local Abbotsford playgrounds were found vandalized