RISE in BC Program
With investor input, Circle Innovation will support tech SMEs with high growth potential in BC to address critical barriers to investment
No launch date set
Our Impact Goals
RISE funded to $5M over 3 years
55
Companies engaged to address their barriers to investment
40
Optional subheading lorem ipsum dolor
40
Optional subheading lorem ipsum dolor
125
New jobs created for HQP and non-HQP workers
$45M
Investment attracted including from foreign investors
40
Optional subheading lorem ipsum dolor
40
Optional subheading lorem ipsum dolor
$45M
New revenues generated within 12 months after projects completed
Reaching Investment
Bringing down barriers
BC’s tech industry has been generating ~7% of the provincial GDP and growing at an average annual rate of 7.4% for the past 5 years.
- Vancouver tech job growth of 44% in 2022
- BC tech sector growing at 22.4% 2021 to 2024
- 65% of startups fail in first 10 years – half of those are in tech
-
In 2022, 47% of new business failures were attributed to inability to raise financing
Deal counts in 2023 were at their lowest since 2016 and global funding fell by 66% from 2022.
RISE in BC Program
Breaking down barriers to investment for tech SMEs in key sectors in BC
Assessing barriers to investment
Rapid focussed due diligence with investor professionals
Identifying solutions
Collaborating with SMEs to develop solutions to their key barriers to attracting investment
Resourcing and co-funding projects
Bringing key resources, including co-funding, to SME projects that will deliver products to the market.
Moving at the Speed of Business
Adapting projects flexibly and agilely to meet the needs of the moment and overcome arising technology business challenges
Breaking silos
Connecting tech SMEs to service providers, experts and researchers, regulatory consulting, key skills, compute in the ecosystem – fast!
Case Studies
Circle has helped attract millions in local and foreign investment
A Tuktu Care Case Study
Tuktu Care developed a mobile app that matches aging adults needing home-based care with local helpers in their own neighborhood.
A Claris Healthcare Case Study
Claris Healthcare has developed a proven platform to deliver extended care directly into the homes of aging patients, addressing remote patient monitoring and social isolation.
An AltumView Case Study
AltumView created a privacy-preserving smart activity sensor that employs AI technology to monitor the whereabouts of individuals within their homes.
SWAT Methodology
The SWAT approach in three easy pieces – collaboration, project co-design, and upskilling
Partners / Funders
Circle works closely with its funders and partners
Let us know
Interested in the RISE program? Can your organization work with Circle to attract investment?
Contact us