CTV: Booming Tech-Sector #YYJ Ready to Overcome Obstacles
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The new chief executive of Carmanah Technologies said the solar lighting and power company will aggressively expand markets in emerging countries. Bruce Cousins said Latin America, Africa and Asia will be key targets for Carmanah’s energy-efficient lighting… http://goo.gl/SfFfi
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Canada has officially declined an invitation from the South Korean government to participate in Expo 2012, saying it can’t afford to attend the World’s Fair.
Officials at the Korean Embassy in Ottawa confirmed Tuesday they received a letter last month from Heritage Minister James Moore sending his regrets that Canada will not participate in the event.
Korean embassy spokesman Heon-jun Kim said the Republic of Korea tried its best to convince Canada to attend Expo 2012, but was not successful.
“We tried very hard to persuade them to participate in the event next year, but we have to respect their decision-making,” he said. “We are really sorry about that. We really worked hard to invite them.”
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Fallout mounts over Canada’s decision to skip Expo 2012
By Peter O’Neil, Postmedia News
OTTAWA — The Harper government, which has announced that it can’t attend Expo 2012 in South Korea due to budgetary concerns, was accused Wednesday of not paying sufficient heed to Canada’s seventh-largest trading partner.
But B.C.’s minster responsible for economic development said the province is now considering putting together its own pavilion for Expo 2012.
“Korea is one of probably four or five countries around the world that we see as being a key trading partner for British Columbia. Now that we know the status of the federal government’s participation, I’ll certainly be contemplating whether we need to be playing a role there or not,” said Minister of Jobs, Tourism and Innovation Pat Bell.
“Everything being equal, certainly I would have encouraged the federal government to participate but I also very much understand the economic situation they face and am respectful of the decision they had to make,” added Bell.
B.C. Premier Christy Clark also stressed a need Wednesday for B.C. to focus on markets like Korea.
“We are focused like a laser beam on trying to create those opportunities for British Columbians in Asia, including Korea. We want to be there to open up opportunities in China, in Japan, in Korea and India. I won’t speak to their decision, but my decision is we very much want to engage with Korea, we want to make sure we are maximizing all our opportunities with that country,” she said.
“Whatever happens nationally, I believe that British Columbia is going to lead Canada over across the Pacific Ocean and I am absolutely dedicated to making that happen.”
Read more: http://bit.ly/reVV5c
Global TV - News Hour: start at 15:53min
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Monarch Furnishings brings salvaged boat wood furniture from the tsunami ravaged beaches of Indonesia to West Coast homes.
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A few large companies such as Sharp and GE have recently entered the solar and LED illumination business. While this increases competition for Corp. (CMH-T0.520.011.96%), the company will likely benefit from additional players helping to advance the new technology while increasing the potential for new partnerships, said National Bank Financial analyst Rupert Merer.
Upside: Mr. Merer has an “outperform” rating on the stock, with a price target of 75 cents.
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Vancouver, BC - BCIC-New Ventures is pleased to announce the top 20 finalists in its newly launched BCIC New Ventures - Regional Competition for early-stage BC technology entrepreneurs based outside the Lower Mainland.
Similar to the province-wide competition that celebrated its 10th anniversary in September, the four-month, three-round regional competition includes a unique mix of business education, networking and mentoring. This year’s regional competition attracted more than 40 applications from technology startups from across our province.
The top 20 finalists include businesses in the life sciences, cleantech, sustainability, new media and high technology sectors. They are:
The top 20 companies will now be paired with a team of mentors and will attend a final business education seminar in January. Each company will have one more chance to present to a panel of experts from February 9-11 in Victoria and Kelowna where they will convince a jury of venture capitalists, financiers and angel investors of the commercial viability of their business idea and that they have what it takes to succeed in the marketplace.
BCIC is the title sponsor of the 2010 BCIC-New Ventures Competition: Regional and proud to support the competition’s top three prize packages for a total of $60,000. They include the $30,000 BCIC First Prize, $20,000 BCIC Second Prize and $10,000 BCIC Third Prize. This contribution is part of BCIC’s overall commitment of $390,000 as title sponsor of both the regional and larger provincial technology idea competition advancing BC’s emerging technology industry.
The winners of the 2010 BCIC-New Ventures Competition: Regional will be announced February 24, 2011 at a special reception.
About the BCIC-New Ventures Competition: Regional
The BCIC-New Ventures Competition: Regional addresses the special interests of BC’s early-stage tech companies located outside Metro Vancouver, and supports BC’s emerging technology industry. Established by SFU Business, the BCIC-New Ventures Competition is operated by the non-profit BC Ventures Society and made possible through the generous support of BCIC, private and public sponsors, and volunteer mentors, speakers and judges. www.newventuresbc.com
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