VIATeC is a diverse organization that focuses on multiple services and events that continue to help grow the technology sector on Vancouver Island. Economic Development is at the core of VIATeC’s goals and all programs and services are designed to further that mandate. Almost everyone is surprised to learn that the Technology Sector is comparable in size to the tourism industry on Vancouver Island with revenues close to $1 billion dollars. It is currently estimated that 800 technology companies operate in the Greater Victoria Area and that the island total is over 1100 firms. A recent survey of 200 technology firms conducted by the City of Victoria Economic Development Division discovered estimated revenues in the $400 - $500 million dollar range. We can extrapolate, from this and other studies, that the remaining 600 firms that were not surveyed would bring the total revenues to $1 billion.
Since VIATeC’s creation over 13 years ago, the growth of the technology sector on Vancouver Island has steadily outpaced the growth of other regions. The revenues from this region make up approximately 20% of all the technology firm revenues in BC. Considering the forecasted growth by local technology firms and the arrival of new operations like the call centre scheduled to open within a few months, it is likely that within just a short while Vancouver Island will be responsible for more than one quarter of all annual technology revenues in BC.
The success our region enjoys is not by accident. VIATeC has worked hard to develop entrepreneurs and grow our own success stories. Each year VIATeC hosts upwards of 90 events to provide education and networking opportunities to the technology community while at the same time providing valuable one on one advice and services.
News on VIATeC
13 winners at the coveted VIATeC Technology Awards were revealed recently in front of a sold-out crowd at Victoria Conference Centre. The awards celebrate the achievements of technology companies... more
Victoria's technology sector was on show yesterday as Discover Tectoria took over the Crystal Garden. VIATeC's biennial event, previously known as Island Tech, included battle robots, Segways,... more
Over 500 people gathered last Thursday night at the VIATeC Technology Awards in Victoria to applaud the technology community's success for making Greater Victoria a leader in advanced technology... more
On June 2nd, the VIATeC Technology Awards will celebrate the achievements of technology companies responsible for making Greater Victoria the fastest growing technology region in British... more
When you think of Victoria, the capital city of British Columbia, a few things might come to mind. Windy weather. Historic buildings. Maybe even the throngs of retirees. But you probably... more
VIATeC, the non-profit society representing Victoria’s local technology community, and KPMG have announced that they will begin accepting nominations for the 2010 “VIATeC 25” list... more
The Halloween season is well upon us, and everyone’s becoming something they’re not — heck, even the angels are turning into dragons in Victoria. That’s angel investors, I... more
Victoria's climate is the undisputed northern champ. It's a ferry ride away from Vancouver and Seattle. It plays host to a top ranked Canadian university. There are more coffee shops and... more
Every week Techvibes republishes an article from Business in Vancouver. This article was originally published in issue #1055 - Jan. 12 - 18, 2010. Victoria’s leading technology industry... more
Are you interested in accessing California investors and markets? Or, do you know someone else in the Victoria tech community who wants to access this market? If so, check out the TCS... more