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BCIC-New Ventures Competition - Wifarer

Posted Tuesday, 16 August 2011 00:00 by Danielle Libonati

Congratulations to Wifarer for progressing to the 3rd round of this year's BCIC-New Ventures Competition.

Victoria's Wifarer, is an award winning start-up that has developed a revolutionary solution to a chronic problem: navigating inside large complex buildings. Wifarer has commercialized the world's only indoor GPS solution that doesn't require the installation of hardware.  Their smart phone app uses data from a venue's existing WiFi system to pinpoint a smart phone's location in a venue in real time to an average accuracy of 2 to 6 feet. Wifarer's core capabilities are indoor GPS, granular LBS, and venue analytics. Wifarer provides visitors with a free, personal, hand-held guide through a venue, while providing venues with a way to monetize, analyze and optimize their visitors' journeys.

The top ten companies advancing to the fourth and final round of the competition will be announced August 31, 2011. The finalists, each vying for a piece of the $375,000 in prize packages, will be awarded September 22, 2011 in Vancouver.

Learn more about the BCIC-New Ventures Competition and the 2nd annual regional competition launching this fall at www.newventuresbc.com or on Twitter.  The five-month, three-round BCIC-New Ventures Competition: Regional is open to any BC resident located outside metro Vancouver who has not yet secured significant financing from outside investors

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