Innovation Island Technology Association

Support entrepreneurs to start and grow technology companies by providing them with programs and resources they need to succeed

Nanaimo, British Columbia

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.

Industries

Digital media & telecommunicationsGeneral/industry agnostic

Focus Areas

technology entrepreneurshipstartup support and growth

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Stages Supported

DiscoveryEfficiencyIdeaMatureScaleValidation

Services Offered

Mentorship and access to advisorsPaid programmingFree educational events or programmingFinancing opportunities and connections with investor groupsNetworking opportunities and community events

Programs

Innovate BC Venture Acceleration Program

accelerator

Venture acceleration program delivered to Island communities outside of greater Victoria

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Company Revenue Stages

Start ($0-1M)Grow ($1-5M)Scale ($5-25M)

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.

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