Globally recognized tech conference Web Summit Vancouver to
provide significant boost to British
Columbia's tech sectors for three years starting in
2025
VANCOUVER, BC, June 18,
2024 /CNW/ - The Collision Conference, hailed as the
'Olympics of Tech,' is coming to Vancouver thanks to support from the
Government of Canada and a network
of local economic development partners. The conference, to
be rebranded as Web Summit Vancouver in 2025, will drive
economic growth, attract investment and tech talent to British Columbia, and position our region as a
global hub for innovation.
Today, the Honourable Harjit S. Sajjan, Minister of Emergency
Preparedness and Minister responsible for the Pacific Economic
Development Agency of Canada
(PacifiCan) announced $6.6 million in
funding to Destination Vancouver to host Web Summit in Vancouver over three years starting in
May 2025. The Minister made the
announcement in Toronto while
attending Collison 2024.
British Columbia's tech sector
includes over 11,000 companies and provides quality jobs for over
200,000 people. Bringing Web Summit to Vancouver will connect B.C.'s brightest
innovators and entrepreneurs with tech leaders from around the
globe, creating investment opportunities and lasting benefits for
the local tech ecosystem.
Web Summit will also attract thousands of people to Vancouver's hotels, restaurants and other
businesses, providing economic benefits to B.C.'s tourism
sector.
Web Summit Vancouver is the result of a successful collaboration
with partners who share PacifiCan's ambition for British Columbia and Canada. By partnering with Destination
Vancouver, the Province of British
Columbia, Innovate BC, Invest Vancouver, and the
City of Vancouver, PacifiCan is
helping bring the tech world to B.C.'s doorstep.
PacifiCan's vision is enduring prosperity for all British
Columbians. The Government of Canada's investment in Web Summit Vancouver
will resonate well beyond 2027, strengthening the tech ecosystem
and propelling B.C. forward.
Quotes
"PacifiCan is here to champion B.C. as a global hub for
innovation and technology, with cutting-edge talent and companies
that are poised for international growth. Web Summit Vancouver is a
transformative opportunity for the region that will create the
conditions for growth that will continue for years."
- The Honourable Harjit S.
Sajjan, Minister of Emergency Preparedness and Minister responsible
for the Pacific Economic Development Agency of Canada (PacifiCan)
Quick Facts:
- Vancouver has been ranked
first for high-tech job growth in North
America, with a 62.7% increase from 2016 to 2021.
- B.C.'s tech sector provides high-quality jobs with salaries
almost 80% higher than the provincial average.
- Web Summit is a technology events company, bringing together a
global community of founders, entrepreneurs, business leaders, and
investors to connect and exchange ideas about the technology and
trends shaping the world.
- Destination Vancouver is a
non-profit, member-led destination marketing and management
organization for Vancouver. Their
purpose is to transform communities and visitors through the power
of travel and to be thoughtful leaders, advocates and ambassadors
for Vancouver.
- PacifiCan is the dedicated federal economic development agency
for British Columbians. PacifiCan's programs and services help
businesses, not-for-profits and communities grow stronger.
Associated Links:
- Pacific Economic Development Canada
- Web Summit
- Destination Vancouver
Stay connected
Follow PacifiCan on Twitter and LinkedIn
Toll-Free Number: 1-888-338-9378
TTY (telecommunications device for the hearing
impaired): 1-877-303-3388
SOURCE Pacific Economic Development Canada