Economic Development Minister Melanie Joly rises during Question Period in the House of Commons on Parliament Hill in Ottawa on November 26, 2018. THE CANADIAN PRESS/Justin Tang

Economic Development Minister Melanie Joly rises during Question Period in the House of Commons on Parliament Hill in Ottawa on November 26, 2018. THE CANADIAN PRESS/Justin Tang

Federal government announces $3 million to support B.C. tech companies

The money is part of the $304-million Regional Relief and Recovery Fund for Western businesses

B.C.’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.

The Canadian Press

Like us on Facebook and follow us on Twitter.

Want to support local journalism? Make a donation here.

CoronavirusTechnology

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Christmas Lights
This nativity scene at the home of Paul Biro, organizer of the Summerland Drive-By Light Up, was just one of many parts of his elaborate display. (John Arendt - Summerland Review)
VIDEO: Summerland holiday lights on display

Drive-by light-up on Nov. 27 showed some of the many festive season decorations

Penticton RCMP arrested a 33-year-old man they are calling a prolific offender Monday, Nov. 30, 2020. (Black Press file photo)
Police chase leads to arrest of Penticton ‘prolific offender’

Suspect with stolen bike worth $10,000 fled on foot, tracked by police dog

A man wearing a face mask to prevent the spread of COVID-19 walks past a mural in Vancouver on Monday, Nov. 30, 2020. THE CANADIAN PRESS/Marissa Tiel
212 new COVID-19 cases in Interior Health over the weekend

A total of 490 cases remain active; 15 in hospital

Penticton artist Glenn Clark will have his work on display at The Bench Market beginning Dec. 1, 2020. (Glenn Clark Art)
Renowned local artist gets exhibition at Penticton cafe

Glenn Clark has won a handful of prestigious awards and painted 20 murals

The video was used for (KGH Foundation - YouTube)
Okanagan filmmaker, poet win at L.A. Film Awards

Spoken word artist Shane Koyczan wrote and filmmaker David Nault produced the commercial

A B.C. Ambulance Service paramedic wearing a face mask to curb the spread of COVID-19 moves a stretcher outside an ambulance at Royal Columbia Hospital, in New Westminster, B.C., on Sunday, November 29, 2020. THE CANADIAN PRESS/Darryl Dyck
B.C. records deadliest weekend of COVID-19 pandemic with 46 deaths; more than 2,300 cases

Provincial health officer Dr. Bonnie Henry provides COVID-19 update

Fossil finds at Mt. Stephen. (Photo: Sarah Fuller/Parks Canada)
Extreme hiking, time travel and science converge in the Burgess Shale

Climb high in the alpine and trace your family tree back millions of years – to our ocean ancestors

Join Rob Dinwoodie and bandmates for a Cowboy Christmas, Dec. 11 and 12 at Vernon and District Performing Arts Center. Seating is cabaret style on the stage for an intimate concert. (Contributed)
North Okanagan cowboys go virtual for Christmas

Cowboy Christmas streamed Dec. 11-25

Vernon is getting in the Christmas spirit with many homes decorating with lights and extras. (Caitlin Clow - Morning Star)
Christmas lights tour mapped out by Vernon realtor

More than 20 of the community’s best lit houses make up annual tradition

Kettle bells sit aligned in an indoor fitness studio. (PIxabay.com)
1 COVID-19 case at a B.C. fitness studio leads to 104 more infections, 6 school exposures

According to case data released by Fraser Health, one case of the novel coronavirus carries a big impact

Vehicles drive past a display thanking essential workers in Burnaby, B.C. on Sunday, Nov. 29, 2020. THE CANADIAN PRESS/Marissa Tiel
B.C. changing COVID-19 case reporting as virus spread continues

Manual counting takes more time, leads to errors

Salmon Arm RCMP say some patrons have been harassing local businesses over mask requirements. (Lachlan Labere-Salmon Arm Observer)
Police urge respect after Salmon Arm businesses report being harassed over mask rules

Wearing of masks in businesses and public spaces is currently mandated by the province

Salmon Arm RCMP officers attended two public COVID-19 demonstrations held in Salmon Arm on Saturday, Nov. 28.  (File photo)
Organizer of Salmon Arm COVID-19 demonstration fined $2,000 by RCMP

Police said some participants weren’t aware of the public health order prohibiting gatherings

Black Press Media and BraveFace have come together to support children facing life-threatening conditions. Net proceeds from these washable, reusable, three-layer masks go to Make-A-Wish Foundation BC & Yukon.
Put on a BraveFace: Mask fundraiser helps make children’s wishes come true

From Black Press Media + BraveFace – adult, youth and kid masks support Make-A-Wish Foundation

Most Read