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New Ventures BC and the BC Innovation Council kicked off Vancouver Startup Week by awarding $300,000 in cash and prizes to eight BC-based up-and-coming startup companies.
The 2016 top honours were awarded to Microdermics, a painless alternative to deliver vaccinations and therapeutics and monitor drugs in the bloodstream; Jane Software, an integrated medical clinic management tool to coordinate online bookings, bill, and store electronic patients’ records; and Iris Automation, a collision avoidance system for industrial drone use.
The BCIC-New Ventures Competition is the biggest of its kind in Canada and highlights up-and-coming provincial technology startups. The competition has supported more than 2,000 entrepreneurs over the 16 years it has been running and has been a strong contributor to BC’s tech economy. To date, alumni companies from the competition have generated 3,300 jobs and raised more than $300-million in financing.
“The BCIC New Ventures Competition is a testament to the entrepreneurial spirit alive and well in British Columbia,” said Grant Company, CEO of Microdermics. “Microdermics is proud to share the stage with some of the best companies in North America.”
“Over the past 16 years, we’ve seen the caliber of our early-stage competitors increase, tied to the support of our ever-expanding ecosystem,” said Angie Schick, Program Manager for New Ventures BC. “The level of sophistication and innovation is reflective of the rate BC’s tech landscape is evolving to be bigger, better and more talented.”
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