British Columbia Innovation Council

Did You Know

  • A small business registered as an Eligible Business Corporation can accept equity capital directly from investors who may be eligible to receive a 30% tax credit. Read more

Vision, Mission & Values

About Us

BCIC (British Columbia Innovation Council) develops entrepreneurial talent and commercializes technology. BCIC focuses on competitively positioning British Columbia in today's global knowledge economy in order to provide significant employment opportunities and a high standard of living for British Columbians.

In today's economic climate, it is increasingly important for British Columbia to be competitively positioned in the global knowledge economy. BCIC is developing an ecosystem that increases the number and success rate of technology startups in the province to promote economic development and strengthen BC's contribution to the Canadian high tech sector. BCIC does this by developing programs and providing support for initiatives that develop entrepreneurs and promote the commercialization of technology.

BCIC is a Crown Agency of the Province of British Columbia.

Vision Statement

A strong and rapidly growing knowledge economy resulting in a better life for all British Columbians.

Mission Statement

To promote the development of entrepreneurs and the commercialization of technology.

Core Values

BCIC's core values guide its operations. They include:

  • Results valued by shareholders and clients: BCIC is very results oriented, gauging its success by the positive outcomes of its activities. BCIC is continually monitoring its programs and services with its partners and clients to ensure outcomes clearly fulfill its mandate.
  • Collaboration: At the core of all BCIC programs is a synergy developed through collaboration with partners to create programs valued by BCIC clients and stakeholders.
  • Integrity: BCIC is firmly committed to meeting the highest standard of integrity expected by citizens and government alike. As a result BCIC is openly accountable in all its activities by ensuring that efficient, transparent and fair processes are followed.
  • Entrepreneurial: Just as BCIC promotes an entrepreneurial spirit amongst those starting ventures in the province, it is committed to fulfilling its own mandate and running its operations with the same entrepreneurial spirit in mind. Being a relatively small organization allows BCIC to put creativity and originality at the forefront of its programs.

Guiding Principles

  1. No holes allowed in the technology entrepreneurial ecosystem
  2. We don't compete with partners
  3. Reinvest in success
  4. Focus on winning globally
  5. Tell the BC technology story loudly and proudly
  6. Build to scale, remove bottlenecks, work together
  7. Be customer-obsessed
  8. Respect the wishes of our shareholders: the citizens of BC represented by the Government of BC
  9. Involve regions in all that we do
  10. Build trust through full transparency

BCIC partners with other organizations to deliver programs in the following three areas:

  1. Entrepreneurial Talent Development and Retention
  2. Commercialization of Technology
  3. Technology Awareness