Our surveys of BC’s tech companies tell us:
80% of BC tech companies have seen a negative revenue/order impact with only 20% stable or increasing
50% of those seeing a negative revenue/order impact are down by 30% or more
90% of BC tech companies have implemented measures to cut costs to extend the runway of existing capital
50% of tech companies are not hiring – but – positively 50% are still hiring at this time
60% of tech companies have pivoted their business as a consequence of COVID, many to provide pro bono services and support to others, some to launch new products and services on their platform
At recent Restart Roundtable discussions, we asked our members a few questions. Here is what they had to say:
In March, we wanted to find out more about the specific impact to our member’s businesses.
We’ve moved our programs, C-Councils and other member services to a virtual model and more details are available at the links below. Please keep communication coming in to our team members or to firstname.lastname@example.org. Your feedback on challenges and ideas are welcome.