# Innovate BC

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**Innovate BC** (formally the BC Innovation Council or BCIC) is a [Crown Agency](/source/Crown_Agency) of the Province of [British Columbia](/source/British_Columbia), Canada, which funds entrepreneurial support programs in the province.

Innovate BC focuses on the support of technology [startups](/source/Startup_company) and [entrepreneurs](/source/Entrepreneurs) through programs, sponsorship and competitions[1] that facilitate technology commercialization. Innovate BC is a provincially funded agency that emphasizes services to support company growth, resulting in jobs, increased revenue and economic development through technology and innovation. Note, Innovate BC and Innovate Vancouver are separate entities.

## History

Innovate BC was first formed in 2004 after a merging of the Advanced Science Institute BC and the Innovation and Science Council of British Columbia. In 2018, they were renamed Innovate BC.

## References

1. [BCIC-New Ventures Competition: About NVBC](http://www.newventuresbc.com/about-nvbc/) [Archived](https://web.archive.org/web/20150627142611/http://www.newventuresbc.com/about-nvbc/) 2015-06-27 at the Wayback Machine, Retrieved on 2015-06-23

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