Our Story by the Numbers 2021/22 $23M >1.5x $60M >3x Invested by Leveraged Funds Innovation Funding Demand Innovate BC for every $1 Invested Deployed for Programs 3,297 ~3,700 $112M $558M Companies Jobs Revenue Generated Investment Generated Supported Supported by Innovate BC-funded by Innovate BC-funded Companies Companies (1) Revenue and investment data only accounts for programs that track these metrics: Venture Acceleration Program (VAP). ScaleUp, New Ventures BC Competition (NVBC), Ignite, BC Fast and Innovation Marketplace. Most companies supported by Innovate BC are pre-revenue. (2) Jobs reported on may be accounted for more than once due to entrepreneurs and interns accessing multiple Innovate BC programs. ScaleUp and Venture Acceleration Program do not collect data on job retention. 2021–2022 IMPACT REPORT | 7