Innovate BC rekindles Ignite
Applications are now open for the funding program, which awards up to $300K to support innovation projects in natural resources, applied science, and engineering.
Photo: Innovate BC.
Innovate BC is rekindling Ignite. Applications are now open for the program, which awards up to $300,000 to fund B.C.-based research and development projects that can transform the fields of natural resources, engineering, and applied sciences.
Ignition key: The funding is given to teams of academics and industry experts who come together to solve a significant challenge that British Columbians face. Previous winning projects have ranged from cleantech and energy to forestry and agtech. The Ignite program supports the Province’s StrongerBC Economic Plan by providing local businesses with the funding needed to add value to industries, create new jobs, and grow B.C.’s economy.
Since the program started in 2016, 41 projects have been given money adding up to a combined $10.7 million, and have garnered more than $239 million in follow-on investments and awards. Twenty-one projects have been completed to date, generating $5.4 million in revenue. As of today, more than 288 academic and industry jobs have been created or maintained through the program.
Sparking entrepreneurial flames: “Innovation is at the heart of our StrongerBC Economic Plan, and the Ignite program is all about sparking innovative approaches and solutions in the applied sciences, engineering, and natural resource sectors,” said Brenda Bailey, minister of jobs, economic development, and innovation. “I can’t wait to see what inventive ideas academia and industry come up with that will help our province promote clean and inclusive economic growth for the benefit of all British Columbians.”
“I’m excited to see what local innovators are doing in natural resources and applied sciences this year, and once again support their work through the Ignite program,” said Raghwa Gopal, Innovate BC’s president and CEO. “Every year we see so many companies and researchers across our province tackle issues like reforestation, clean energy, and more, and it makes me immensely proud to know our tech and innovation ecosystem is making such a significant impact on pressing global matters with made-in-B.C. innovations.”
Think your project could be next? Learn more and apply for Ignite.