Mid-island tech sector well-positioned for continued growth
NANAIMO – Data shows 2016 was a solid year for B.C.’s tech sector and 2017 is expected to see that growth continue.
Accounting firm KPMG reported last year that B.C.’s industry is growing faster than tech sectors in the rest of Canada and the U.S. While the sector on the mid-island is not as large as some bigger centres, but Paris Gaudet, executive director of Innovation Island, says there was some positive news locally last year.
“We’re seeing a lot of this kind of development happening within our region,” said Gaudet. “For instance this year, many of the companies that we’ve worked with they’re able to secure some capital which has always been a real challenge. And when they’re increasing their capital, they’re increasing their jobs.”
Along with accessing capital and hiring talent, another hurdle is access to customers and Gaudet says where Nanaimo is situated will help address that.