Why is Vancouver a Great City for the Tech Industry?
Vancouver offers many advantages which make the city a great choice of today’s savvy tech startups.
Canada’s Startup Visa Program
The Startup Visa Program deserves a lot of credit for helping the city become a talent magnet for tech professionals and startups. The program helps talented individuals relocate to Canada by founding job-creating businesses or supporting other aspiring entrepreneurs. Achieving permanent residency in Canada becomes much easier for those who wish to build or support tech businesses in Vancouver, thanks to this program.
Launch is a designated organization of the Canadian Government’s Startup Visa Program and a designated referral partner for the Global Talent Stream program. Launch’s Maple Program is designed to help emerging tech companies expand their business to North America by helping them identify the best path for immigration for their team and their families through Startup Visa, Express Entry, Provincial Nomination, or Global Talent Stream.
Vancouver is a Part of the Cascadia Innovation Corridor
Seattle, Washington; Portland, Oregon; and Vancouver, British Columbia share similar traits of immense beauty, proximity to Asia, and capabilities that help them lead various economic markets.
Cascadia’s Innovation Corridor, which encompasses the three aforementioned cities, helps to build opportunity and prosperity that will surpass the success each city could achieve individually. The innovation corridor was created to help the west coast region solve challenging problems, to brainstorm ideas that will benefit the region economically and have a global impact.
Association with Silicon Valley
The proximity along North America’s western coastline to Silicon Valley adds to the region’s attraction. Vancouver’s burgeoning tech industry is constantly benefiting from the northward migration from California’s Silicon Valley, the pioneering tech hub of earlier decades.
Opportunities for Learning Tech Skills Abound
Future tech leaders can learn the latest in tech skills at high-caliber institutions located in Vancouver. World-class learning facilities ensure the development of a skilled talent pool, poised to support the needs of locally expanding tech companies. Some of the major learning institutions, universities and training centres are located in Canada such as British Columbia Institute of Technology (BCIT) and University of British Columbia (UBC), which ranks among the world’s top 25 tech schools.
A Balance of Benefits for Workers and Employers
Compared to typical US income for the same position, tech workers in Canada are paid a bit less at this point. A boon for businesses launching now. Over time, however, both tech business owners and talented tech workers will profit from the industry’s expansion and growth in the Vancouver region.
Tech worker employment security is a benefit in Vancouver. If a tech position with one company doesn’t work out, similar jobs are available at many other area companies.