Alacrity’s Impact

2009

Alacrity Canada is Founded

Wesley Clover, Western Economic Diversification Canada, the Government of British Columbia, Mitacs, and the University of Victoria become strategic partners.

2011

Entrepreneurship@Alacrity Program

Supported students form companies by helping them review the market, build a viable product, and seek investment.

2014

Investor Readiness Program (until 2017)

Created a strong network of mentors to support promising B.C. technology companies through the investment process. B.C. businesses were introduced to Silicon Valley by establishing a live/work facility in San Francisco.

  • Technology companies supported: 40+
  • Technology jobs created: 220
  • Successfully attracted foreign investments: $225M

2017

Cleantech Scale-Up Program (until 2020)

Formed a strong network of mentors and advisors from local markets to guide clean technology companies to identify global sales opportunities and cleantech challenges, as well as attract local and global growth capital.

  • Companies supported: 27
  • Technology jobs created: 68
  • Successfully attracted investments: $49.8M
  • Export revenue generated: $14.4M

2017

Startup Visa Program

Alacrity was chosen to be a designated organization by the Government of Canada to run this program. It attracts foreign entrepreneurs who wish to establish new, high-growth businesses in Canada.

  • 21 entrepreneurial teams supported

2019

Digital Marketing Bootcamp

Delivered either in-person or virtually, the bootcamp prepares students for real-world digital marketing careers and was hugely helpful in digitizing B.C.’s businesses during the pandemic.

  • 5,000 student participants to date
  • 140 Indigenous scholarships provided

2020

BC Cleantech Initiative Program

Creates a mentorship network from local markets to international ones, supporting and guiding clean technology companies through growth and investment, driving global sales from Mexico, India, Northern Europe, and Singapore.

  • Companies supported: 29
  • Technology jobs created: 72
  • Successfully attracted investments: $9M
  • Export revenues generated: $3.8M      

2020

CleanBC Plastics Action Fund

 

    This fund’s purpose is to reduce the use of virgin plastic used and discarded to landfills, encouraging the use of post-consumer recycled plastics in manufacturing for different industries and use in multiple areas.

    • Secured fund: $5M
    • Projects funded: 9

    2021

    Launch Online Grant Program

    Provided $42M in grant funding to B.C.-based businesses to create an online shop or an online booking system, and/or to improve their existing online operations to attract new local customers and expand to new markets

    • 30% of funds are reserved for Black, Indigenous, and People of Colour (BIPOC)-owned businesses and businesses operating outside of the lower mainland and greater Victoria.

    2022

    Alacrity Academy
    Launching soon with new programs and offerings

     

      $359.6M 

       

      Of investment into BC

      $75M  

       

      Of acquisitions & exits, supported

      95+

       

      Companies in programs