British Columbia is the latest province to unveil a strategy to protect the benefits of intellectual property generated in the province, rather than letting bidders in other jurisdictions snap it up.
New Ventures BC opens applications for 2021 competition
New Ventures BC has opened applications for its 21st annual tech startup competition, sponsored by Innovate BC. Applications close on April 12 at 10pm PST.
The competition is open to early-stage British Columbia (BC)-based tech startups that can enter for the chance to win $250,000 in cash and prizes.
Participants have the opportunity to earn non-dilutive cash prizes, connect with mentors, network with founders, and raise their company’s profile. Despite shifting online last year due to the pandemic, the competition saw a record 240 applications in 2020.
“Even though the 2020 competition brought a unique set of challenges, it was encouraging to BC’s top startups come together, virtually, to access the education, connections, and funding that this competition is known for,” says Angie Schick, executive director at New Ventures BC.