When the Okanagan鈥檚 Mega Build Lab was looking for technology support for a new project, they found it through New Ventures BC and a keen UBC-Okanagan student.

Working through the , administered by New Ventures BC, 鈥渨e hired a student from UBCO who was very talented and willing to work with us,鈥� says Jay Pozo, president of , a technology-driven software development company.

鈥漌e put him on one of our bigger projects and he wrote code for crucial parts of the project, as well as optimizing existing code. The benefit was the ability to accelerate our development time for our client, as well as reduce our cost. I would recommend the program to others for sure!鈥�

The non-profit New Ventures BC works to recognize, encourage and develop entrepreneurship and innovation in B.C.鈥檚 start-up technology sector, explains Rachel Burns, New Ventures鈥� ISI Grant Program Manager.

Results of these initiatives have included thousands of new jobs, enhanced entrepreneurial skills, increased investment, technology commercialization and economic growth for B.C.

Through the , tech companies, startups, businesses and non-profit organizations receive up to $10,000 a year to hire BC post-secondary students.

Applications are open to all BC companies, with grants available for May 1, 2020 to April 30, 2021.

Here鈥檚 how it works:

• Applications are accepted on a first-come, first-served, rolling basis. During the current COVID-19 concerns, staff are evaluating grants remotely and processing as usual. For companies facing hardship due to COVID-19 that can鈥檛 meet certain eligibility requirements, Burns encourages them to check in. 鈥淲e are here to support you and will provide exceptions on a case-by-case basis,鈥� she says.
• The program provides flexibility regarding start times, end dates and payouts, and can include hiring a student who is working from home or remotely.
• Businesses provide students with entrepreneurial and business training, and match grant funding.
• Students must be enrolled or returning to an accredited BC- based post-secondary school and cannot be in co-op.
• The grant can potentially be stacked with other funding and can be stacked with Canada Emergency Wage Subsidy (CEWS).
• To learn more, info session.

Innovation on multiple fronts

In addition to the Innovator Skills Initiative grant program, New Ventures BC also offers a mentored and hosts the annual , the largest and longest-running tech competition in BC, offering education, coaching and awarding $250,000 and prizes to BC startups.

Ready to learn more? Visit and stay up-to-date with their news on , and .

.