Tech Development + Adoption A C Innovate BC facilitates the development and adoption of technology that is C E addressing challenges faced by British Columbians and around the world. L E Ignite provides up to $300,000 to teams from Industrial Research Assistance Program, SMEs can get R A academia and industry conducting research up to $200,000 to design, build, and operate pilot T and development projects to accelerate the sites of their technology to demonstrate impact in I commercialization of their innovations in the real-world conditions and drive customer adoption. N natural resources and applied sciences sectors. In 2021/22, Innovate BC jointly hosted the first- G Through Ignite, Innovate BC has funded the most ever Aquaculture Innovation Awards with the B.C. M promising innovations — from water treatment and Government. This initiative encouraged sustainable A clean energy to decarbonization, reforestation and growth, competitiveness, and adaptability of the D more — to help tackle broad industry problems. aquaculture sector in B.C. by funding innovations E that solve challenges in the industry. Through the BC Fast Pilot, delivered in partnership I with the National Research Council of Canada N B C S O L U T I 300 145 1:1.7 O N Jobs created/maintained Customers adopted Matching of funds invested S Innovate BC-funded in Innovate BC Tech sustainability-driven solutions Adoption programs 2021–2022 IMPACT REPORT | 11