Business

Tech support for business

The BC Technology Industry Association (BCTIA) has announced plans to expand its Centre4Growth acceleration program to the City of Surrey and the District of Maple Ridge.

The BCTIA Centre4Growth, launched in September 2010, has proven to be a successful delivery model in the growth and acceleration of BC technology companies.

To date, almost 300 companies have received coaching from its CEO-in-Residence (CIR) program, with client companies collectively growing their employment by 15 per cent (237 net new jobs), their revenue by 76 per cent ($32 million) and their investment by 24 per cent ($25 million).

“Our vision has always been to have Centre4Growth services accessible to tech entrepreneurs across Greater Vancouver and British Columbia,” said Bill Tam, BCTIA president and CEO. “Having the support of Maple Ridge and the City of Surrey as our first two Centre4Growth nodes is a great first step.”

Steady population growth in the two cities has resulted in a rapid increase in innovative companies in the area. Companies receiving capacity building support through Centre4Growth grow faster, strengthen the local economy, and support other industries throughout the region with locally developed innovative business solutions.

“Providing this type of relevant, practical support to entrepreneurs can bridge the gap between having a great idea and growing a profitable, job generating company,” said Surrey Mayor Dianne Watts.

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