The industry, including power generation, energy efficiency, transportation, and industrial processes that create green benefits, is expected to total $3 trillion by 2020, creating great opportunities for investment.
More than 200 clean-technology firms generated an estimated $1.7 billion in revenue in 2014. Our green-thinking firms are already recognized globally for leadership in this industry. Incentives and support programs will help your clean-technology company grow as we expand to meet this worldwide demand.
|B.C. clean technology companies
|Revenue in 2014
Technology companies in British Columbia can count on an environment that actively encourages investment, with competitive taxes, reduced regulations and many opportunities for growth.
Research and development - Twenty world-class educational institutions and centres of excellence support green research and technology development.
Competitive business environment - We offer a stable fiscal environment that is cost-competitive with other major North American centres. Enjoy tax incentives, low personal taxes and one of the lowest corporate tax rates among the G7 countries.
Low power pricing - Well over 90 per cent of our electricity comes from hydroelectric plants. This provides clean electricity to support industry developments at some of North America’s most affordable and reliable power rates.
Top talent - A talent pool of 2.4 million people includes well-educated, multilingual workers with diverse cultural backgrounds.
Clean Technology Sector Snapshot
Investors in British Columbia clean technology build on a solid foundation of global recognition for sound environmental stewardship and 20 years of leadership in fuel cell development. Complementing these are a leading-edge bio-energy sector, world-class utility programs, ready access to natural gas, and strong linkages to markets around the world.
Investors and companies from Asia, Europe, and the United States are discovering the financial and environmental benefits of our clean technology projects in fields including:
Hydrogen and fuel cells, particularly for applications beyond transportation, from the smallest mobile devices to telecommunications stations.
Clean transportation, with major international manufacturers developing plug-in electric, fuel cell, and natural gas engines.
Energy management and efficiency technologies, such as smart measurement, monitoring, and controls that power intelligent energy use.
Renewable energy technology based on the development, testing, and use our abundant natural resources.
Water and waste resource management technologies that turn wastewater and solid waste into pristine drinking water, clean energy, and valuable, marketable materials.
Technology Sector Incentives
In addition to general business incentive programs, British Columbia and Canada offer the following programs specifically for the technology sector:
BC Tech Fund
A $100 million venture capital fund established to invest in emerging technology companies in British Columbia across multiple sectors, including Information and Communications Technology (ICT), Digital Media, Clean Tech and Life Science/Healthcare.
Remote Community Implementation Program
Helps remote communities with community energy efficiency projects and construction of clean energy systems such as hydro, wind, and solar energy.
First Nation Clean Energy Business Fund
Promotes increased First Nation participation in the clean energy sector.
National Research Council of Canada Industrial Research Assistance Program
Provides financial support to qualified small and medium-sized enterprises in Canada to develop technologies for competitive advantage.
Sustainable Development Technology Canada
Finances and supports clean technologies that provide solutions to issues of climate change, clean air, water quality and soil, and that also deliver economic, environmental, and health benefits to Canadians.
Clean Technology Sector Supports
Green Centres of Excellence bring experts from the public, private, and academic sectors together to collaborate on applied research, development, and commercialization of new technologies.
|Centre of Excellence
|Centre for Energy Systems Applications
||British Columbia Institute of Technology
||Renewable energy technologies (geo-exchange, photovoltaic, and high efficiency lighting) in an integrated systems approach
|Centre for Interactive Research on Sustainability
||University of British Columbia
||Sustainable transportation, clean energy/technology
||Northern Lights College
||Wind turbines, photovoltaic, solar thermal, biomass, geoexchange
|Institute for Integrated Energy Systems
||University of Victoria
||Renewable energy systems, hydrogen fuel cell technology
|Institute for Resources, Environment and Sustainability
||University of British Columbia
||Sustainable resource management and ecology
|Pacific Institute for Climate Solution
||University of Victoria, University of British Columbia, Simon Fraser University and University of Northern British Columbia
||Low-carbon economy, climate change, sustainable communities, resilient ecosystems
|Jim Pattison Centre of Excellence in Sustainable Building Technologies and Renewable Energy Conservation
||Sustainable construction management technology, geothermal, electrical, carpentry, green building design and construction, onsite alternative energy sources, metering and monitoring of green buildings, building envelope construction, life cycle management, HVAC, applied ecology and conservation, human kinetics
|National Research Council Institute for Fuel Cell Innovation
||On University of British Columbia campus
||Hydrogen and fuel cell systems>