Innovate BC Venture Acceleration Program
acceleratorVenture acceleration program delivered to Island communities outside of greater Victoria
Support entrepreneurs to start and grow technology companies by providing them with programs and resources they need to succeed
Innovation Island Technology Association (IITA) is a regional partner of the BC Acceleration Network. We deliver the Innovate BC, Venture Acceleration Program (VAP) to Island communities outside of greater Victoria, including the Gulf Islands and the Sunshine Coast. IITA also facilitates other programs such as the DER3 Program (created and launched on Vancouver Island) and other Innovate BC Programs to qualifying clients and applicants including programs and services for NRC-IRAP. Our mission is to support entrepreneurs to start and grow technology companies by providing them with programs and resources they need to succeed. We support business and entrepreneurs build, grow and stay.
Type
Not-for-Profit
Founded
1997
Regions
British Columbia (BC)
Portfolio performance metrics: $35.2M in investments placed, $110.3M in revenues earned, 70% at recurring revenue, 80% investment ready, 40% received IRAP/SRED grants. Serves 13+ communities including Nanaimo, Cowichan Valley, Duncan, Courtenay, Campbell River, and over 50 First Nations territories in their region.
Industries
Focus Areas
Sourced from website
Stages supported
Services offered
Refining and expanding venture growth and entrepreneurial competencies and create the connections across innovation ecosystem
Sector-agnostic (broad industry focus). Higher accountability signals (equity/paid programs, later-stage focus).
Learn more about the four BAI types →Innovate BC Venture Acceleration Program
acceleratorVenture acceleration program delivered to Island communities outside of greater Victoria
Sourced from website
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