British Columbia companies target Mobile World Congress

British Columbia companies target Mobile World Congress

February 22, 2016 Posted by Regan Macdonald

A delegation of British Columbia wireless technology companies will represent the province’s vibrant technology sector, looking for deals at the world’s largest gathering for the mobile industry, the Mobile World Congress in Barcelona, from February 22 to 25, 2016.

Several companies from British Columbia will be attending the trade show to showcase their products and services to a worldwide market of investors and buyers. In addition to displaying their products and services, many are also seeking investors who can partner with them to expand their production or marketing reach.

Leading British Columbia innovators
Some of the leading innovators that will highlight British Columbia’s wireless information and communication technology include:

SoundOfMotion, set to unveil a unique and highly precise sports monitor that uses the earth’s magnetic field to measure pivotal motion;
ThinkEco Power, which identifies subtle harmonics in power cables to monitor appliance use and provide early warnings for caregivers who are responsible for seniors and disabled people living alone;
PressReader, creator of powerful platform that allows more than 5,000 premium newspapers and magazines to distribute publications to unlimited readers around the world.

These and other participating British Columbia companies showcase the province as a leading hub of wireless technology and other information and communication technologies (ICT). The province is the birthplace of many ground-breaking wireless communications technologies and services, including:  social media manager Hootsuite; quantum computing developer D-Wave; digital security manager Absolute Software; and the world’s largest machine-to-machine wireless company Sierra Wireless.

Supportive government action
To support the growth of the sector and strengthen British Columbia’s diverse knowledge-based economy, British Columbia recently announced a #BCTECH Strategy with a mix of initiatives that will help create an environment for further growth and investment in the tech industry. In addition to education and marketing initiatives, the strategy includes:

- A $100 million investment fund to make venture capital more easily available to early start-ups
- Increased availability for tax credits to small businesses and technology
- Funding for research institutions to increase the commercialization of new technology

British Columbia’s Ministry of International Trade is actively supporting the province’s technology sector at the 2016 Mobile World Congress. Staff will assist investors and buyers with customized match making, a branded meeting lounge, and event passes for British Columbia companies. Participation in previous years helped 17 British Columbia companies find 14 deals in 2014, and 29 companies pursue deals in 2015.

British Columbia helps export-ready businesses find investors and buyers through its trade and investment representatives (TIRs) in Europe, the United States and Asia. The TIR team works alongside the British Columbia-based trade and investment team to make introductions and identify opportunities with potential buyers, investors and other in-market partners.

If you are looking to partner with British Columbia businesses or to expand your B.C. business internationally, the Ministry of International Trade can help you connect with trade experts, local contacts, and potential clients through our networks and servicesContact our team today.
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