BCIC-New Ventures Competition Prize Structure

Prizes are awarded at the BCIC-New Ventures Competition Awards Ceremony. Prize packages may change without notice.

  • $130,000 BCIC first-prize package, including:
    • $110,000 cash from BCIC
    • $9,000 in-kind services from Ernst & Young
    • $9,000 in-kind services from Fasken Martineau DuMoulin
    • $2,000 in-kind services from NVBC’s bronze sponsors
  • $70,000 BCIC second-prize package, including:
    • $57,000 cash from the BCIC
    • $6,000 in-kind services from Ernst & Young
    • $6,000 in-kind services from Fasken Martineau DuMoulin
    • $1,000 in-kind services from NVBC’s bronze sponsors
  • $40,000 BCIC third-prize package, including:
    • $33,000 cash from the BCIC
    • $3,000 in-kind services from Ernst & Young
    • $3,000 in-kind services from Fasken Martineau DuMoulin
    • $1,000 in-kind services from NVBC’s bronze sponsors
  • $40,000 BC Hydro Sustainability prize
  • $20,000 BC Bioenergy Network prize
  • $15,000 Vancity Social Venture prize
  • $30,000 Shildroth Agritech Innovation first prize
  • $20,000 Shildroth Agritech Innovation second prize
  • One spot in the Plug and Play Start-up Acceleration Program, $10,000 value – awarded to the top performing ICT Company

    • For more information on prizing, including requirements for supplemental prizes, visit the section Rules and Terms of Use.