New Ventures BC

The organisation operates an ecosystem‑builder, not‑for‑profit model. It creates value by designing and delivering structured programmes for technology start‑ups, including an annual start‑up competition, accelerators, IP education and support, and capital access tools such as a capital‑raising index hosted on a partner data platform. These offerings provide education, mentorship, visibility to investors, access to IP expertise and, in some cases, direct financial support to participating companies.

Revenue and operating funds are primarily sourced from government and quasi‑government grants tied to specific programmes, along with corporate sponsorships and in‑kind contributions that finance cash and prize packages. Modest participation fees for some competitions and accelerators contribute a minor share of funding. The organisation does not pursue profit or scalable software licensing; instead, its financial structure is aligned with delivering publicly funded support programmes to the regional innovation ecosystem.

New Ventures BC Society is a not‑for‑profit organisation based in Canada that supports early‑stage technology and tech‑enabled start‑ups, primarily in British Columbia and parts of Northern Canada (Yukon, Nunavut and Northwest Territories). It runs competitions, accelerators, online training, capital access tools and intellectual property (IP) support programmes to help founders with market validation, fundraising and IP strategy.

The society is funded mainly through public grants from government bodies (e.g. Innovate BC and Discovery Foundation support), partnered programme funding, and corporate sponsorships that underwrite prize pools and subsidise services. Additional income comes from modest participation fees for certain programmes (such as competition entry fees and accelerator cohort fees). Its core customers and beneficiaries are early‑stage technology companies and founders; sponsors and public funders are payers and stakeholders rather than users of the programmes.