Early-stage companies often face a daunting challenge at the start of the journey: how to get the cash to prove an idea. Last week, the Province of British Columbia announced new funding to help those companies bridge that gap.

Crown corporation Innovate BC announced Nov. 28 that it has launched an early-stage demonstration call that will cover as much as 40 percent of the costs, up to $500,000, for eligible small and medium-sized businesses to build pilot-scale demonstrations of a made-in-BC technology.

“Do I think the federal government should be focusing more on BC companies? Yes, absolutely.”

Innovate BC has set aside $2.5 million for the first round of applications, which will close on Dec. 21. Another round of applications will open next year, but the value of that round has not y

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