Campbell River Tech Strategy

City of Campbell River

Sources of Funding
ICET Contribution:$10,000
City of Campbell River:$10,000
Total Budget: $20,000

As the regional economy shifts and changes, with declines in traditional sectors like forestry and fishing, the City of Campbell River is looking to expand into new areas of the economy, including high-tech. In 2017, Campbell River completed in an innovative open access broadband network, creating a competitive environment for tech-related businesses. Combined with lifestyle and affordability, the City plans to leverage this infrastructure to attract new technology businesses and entrepreneurs.

The Campbell River Tech Strategy delivers short, mid and long-term plans to build out the local tech sector. The comprehensive strategy included an assessment of current tech-assets, partnership opportunities, best-practices, and potential for tech incubators and regional innovation clusters. Specific deliverables included a formalized strategy that defined strategic priorities, initiatives, and an action plan to support long-term sustainability and growth, incorporating a regional approach to technology attraction.

Upon completion, the project delivered an evidence-based plan for tech attraction and enhancement of the existing tech eco-system. In addition to industry attraction and retention, the project is anticipated to raise of the profile of the regional tech scene, while effectively drawing professionals from tech and creative centers to Campbell River. The project was completed in 2019.

ICET By The Numbers

2,500
person years employment created (construction phase)

ICET By The Numbers

50
locally elected officials and MLAs working together

ICET By The Numbers

$10.4
million annual provincial government revenue generated

ICET By The Numbers

3,650
post completion jobs created

ICET By The Numbers

$4.6
dollars leveraged for every ICET dollar invested

ICET By The Numbers

$236
million leveraged into the region

ICET By The Numbers

$50.5
million disbursed

ICET By The Numbers

$52.1
million committed

ICET By The Numbers

212
economic development projects

ICET By The Numbers

170
projects completed

ICET By The Numbers

36%
projects in small (less than 5,000) communities

ICET By The Numbers

50+
communities with ICET projects

2020-2022 Strategic Plan

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