Lifetime Impact
at a glance
We’ve improved entrepreneur success rates, and driven growth through supportive grants and programs that we’ve delivered to our community of 10,5000+ businesses.
$692.4M+
Investments
Attracted
$462.2M+
Total Export
Revenue
25.2M
Plastics
Saved in Kg
24,562
Entrepreneurs
Supported
17,391
Students
Supported
14,423
Jobs
Created
$692.4M+
Investments
Attracted
$462.2M+
Total Export
Revenue
25.2M
Plastics
Saved in Kg
24,562
Entrepreneurs
Supported
17,391
Students
Supported
14,423
Jobs
Created
Lifetime Impact at a glance
We’ve improved entrepreneur success rates, and driven growth through supportive grants and programs that we’ve delivered to our community of 10,5000+ businesses.
Alacrity Programs
Entrepreneurial Programs
Start-Up Visa is a 12-month program that supports foreign entrepreneurs who want to expand their business in Canada. SUV’s scale-up program offers bespoke programming for each of its entrepreneur’s needs. Teams receive access to expertise, services, resources, mentors, and advisors so that they can conquer milestones, achieve goals and overcome challenges they may face in setting up a business in Canada.
The IRPUS assisted technology companies to secure investment. We supported these companies in preparation of investor pitch presentations, due diligence documentation, and evaluation of term sheets. This initiative unlocked tremendous value for participating companies, directly generated more employment, supported further innovation, and drove economic activity for Western Canada.
Impact
$763M+
Company
Value Created
77
Companies
Supported
$223M+
Investment
Attracted
Impact
$763M+
-
Company Value Created
77
-
Companies Supported
$223M+
-
Investment Attracted
Company Growth Spotlight:
Magnify Capital
Magnify Capital is a SaaS platform that provides AI profit and cashflow forecasting, creditworthiness assessment and company valuation for online E-commerce businesses.
Magnify Capital arrived from Mainland China in Victoria, B.C. mid 2022. The team was taken through a Bootcamp to set up their business in Canada. This included an operational setup, to understand Canadian legalities, taxes, and HR policies. Emerging from the bootcamp with a business roadmap and a development plan, they set out to perfect their solution.
Highlight: Magnify Capital has recently launched its Shopify app, ‘Magnify Profit’
Cleantech Programs
Cleantech
Programs
The Alacrity Cleantech Program is focused on helping BC-based cleantech companies enter Mexico, Singapore (ASEAN), India, and Northern Europe. With our support, Alacrity Cleantech portfolio companies learn how to navigate long sales cycles and find suitable international customers, integrators, investors, and strategic partnerships. We support our portfolio companies as they scale-up and compete on a global scale by also helping them connect with investors, governmental entities, and peers at home in Canada.
The CleanBC Plastics Action Fund was established by the Government of British Columbia in 2020. This first phase provided funding to BC-based businesses working to increase the capacity of post-consumer recycled (PCR) plastics processing and the use in manufacturing, testing, design, and research. The second phase supports the development of a circular
economy and its impact will be included in next year’s report.
Impact
$362M+
Company
Value Created
76
Companies
Supported
$217M+
Investment
Attracted
$43M+
FundingDeployed
$22M+
Revenue
Growth
14,423
C02 Emission
Reduction
Impact
$362M+
-
Company Value
Created
76
-
Companies
Supported
$217M+
-
Investment
Attracted
$22M+
-
Revenue
Growth
17,391
-
Total Export
Revenue
14,423
-
C02 Emission
Reduction
Company Growth Spotlight:
Fresh Prep
The CleanBC Plastics Action Fund supports plastic waste reduction projects in British Columbia to promote a circular economy through recycling, remanufacturing, reuse, and repair initiatives. The purpose of Fresh Prep’s project is to build a robust operational system that can aid in the implementation of a sustainable closed loop system. The outcome of this project will see an increase in the use of PCR plastics in Fresh Prep’s manufacturing and product line, and a great reduction in single-use plastics. This will be achieved through a modification to the existing dishwashing solution, a new closed loop recycling program, and an expansion of the business model.
Digitalization Programs
Digitalization
Programs
- Stream 1 is “The Grow Your Business Online Grant” that helps small businesses take advantage of eCommerce opportunities, by providing a $2400 grant and access to a network of eCommerce advisors.
- Stream 2 is “The Boost Your Business Technology” grant which supports SMEs to adopt new digital technologies, by providing access to digital adoption experts and over $120,000 in loans, subsidies, and grants.
The Launch Online Grant Program was created to support B.C.’s economic recovery plan, the program provides financial support to BC-based SMEs that produce or manufacture goods and products in B.C. The funding accelerates businesses to sell products online as operating models and customer expectations are changing. Businesses are positioned to gain access to local customers and reach markets otherwise out of reach. This program recently ended in March 2022.
Impact
12,629
Jobs
Created
$43M+
FundingDeployed
6,969
ParticipantsSupported
1,151
Women
Supported
1,219
BIPOCSupported
Impact
12,629
-
Jobs
Created
$43M+
-
Funding Deployed
6,969
-
Participants Supported
1,151
-
Women Supported
1,219
-
BIPOC
Supported
Company Growth Spotlight:
This World's Ours
This World’s Ours Centre provides quality programming and support to families with neurodiverse children or children who require additional support. Translating their offering digitally was a roadblock. After applying for and receive the reimbursement grant of $2400 and a complimentary Ecommerce Advisor to assist
launching and manage their business online, This
World’s Ours Centre’s business has grown.
“Technology has played a vital role in the growth of This World’s Ours, enabling us to streamline operations, enhance customer experience, and expand our reach.”
– Koryn Heisler
Educational Programs
Educational
Programs
This virtual skills-training program provides participants with relevant and current education around the components of digital marketing. Designed to work with a flexible schedule, the bootcamp itself entails roughly 10 hours of study per week, which students can complete at their own pace. By the bootcamp’s end, all participants will receive a Digital Marketing Bootcamp to further their careers.
This ESG Training Program is a 6 week course that supports SMEs in any industry to learn about ESG practices and the importance of ESG for success. Participating SMEs in the program left with a 12-month action plan to start implementing in their companies. Our ESG training program empowers SMEs across diverse industries with valuable knowledge and practical tools, ensuring they are equipped to embrace ESG practices for long-term success.
Impact
9,600+
Hours Of
Training
$6M+
FundingDispursed
17,391
StudentsSupported
3,598
Women
Supported
699
Indigenous
Scholarships
Impact
9,600+
-
Hours Of Training
$6M+
-
Funding Dispursed
17,391
-
Students Supported
3,598
-
Women Supported
699
-
Indigenous Scholarships
Learn About Our Partnerships
At Alacrity Canada, we recognize that our success and impact are deeply intertwined with the invaluable support, collaboration, and engagement of our diverse stakeholders.
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