New Ventures BC

News about the New Ventures BC competition and seminar series


What is Value Anyway? (Why Creating Customer Value is at the Heart of Building a Business)

The following is Part II of a multi-part series on value, segmentation and pricing by guest contributor Steven Forth, Partner at Rocket Builders and eFund Member. Read Part I here.

Steven ForthThe founder of modern management, Peter Drucker, famously said that the purpose of a company is to create and keep a customer.

It is about customers. You can only build a real business if you can get customers and then keep them. And you keep them by providing value. Read more

Road to Success is not Always Straight

At New Ventures BC, we always encourage companies to participate in all our programming because it’s about the process, no matter how far you go in the Competition. The following company update is a great example of this! 

Screen Shot 2014-10-09 at 10.31.11 PMWhen Selena Paskalidis didn’t make the cut with the BCIC-New Ventures Competition in 2012, she couldn’t have known that just two years later, her company would be thriving. A feature article in the Vancouver Sun in early October tells the story of Dotstudioz and their innovative video management platform, dotstudioPRO. Read more

Why target market segments? (And how to segment)

The following is Part I of a multi-part series on value, segmentation and pricing by guest contributor Steven Forth, Partner at Rocket Builders and eFund Member.

Steven ForthYou have your big idea. It is going to change the world. Everyone with a brain will want to use it. And you’ve been told that investors want to see billion dollar markets. So that’s your target market. All those people or companies that will really need what you are bringing to market. Right? Read more

Are you an Innovative BC Company Interested in Funding?

Are you an innovative B.C. company? There is a wide-range of government and government-funded programs available that are supporting innovative companies across the province. Programs include:

  • Western Economic Diversification Canada’s Western Innovation (WINN) Initiative. WINN’s first intake resulted in support for 27 projects in western Canada, with 12 B.C. companies receiving over $8 million in funding commitments;
  • Public Works and Government Services Canada’s Build in Canada Innovation Program (BCIP). The most recent BCIP call for proposals resulted in 72 pre-qualified innovations, with 9 innovations from B.C. companies;
  • Mitacs full suite of programs, which placed over 400 grad students and post-doc fellows in internships with B.C. companies over the last three years.

You’re invited to learn more about commercialization funding, and how these programs can help your business move its next great idea from the work bench to the marketplace. Upcoming Government of Canada information sessions across BC include: Read more

SDTC Hosting Workshops to Help Bring Clean Technologies to Market

SDTCSustainable Developement Technology Canada (SDTC) invests in late-stage development and pre-commercial demonstration of clean technologies by Canadian companies in a range of innovative solutions across all industries.

The SDTC Virtual Incubator Workshops target entrepreneurs with early-stage clean technologies who plan on applying to SDTC for funding and provide those entrepreneurs and prospective applicants with key information and practical guidance to prepare a quality SOI submission. Read more