OUR IMPACT
InBC is investing for the future by supporting opportunities that will deliver meaningful and measurable impact for British Columbia.
Through our direct and indirect investments, InBC is supporting and accelerating economic, social and environmental outcomes for British Columbia.
Impact Highlights
*Based on the latest available reporting data.
Supporting B.C. Business
InBC’s investments are fuelling the growth of innovative B.C. companies.
$179M
Capital committed
15
Direct investments in B.C. companies
9
Commitments to venture funds that invest in B.C.
:
37
B.C. companies supported by portfolio
Driving Economic and Employment Growth*
InBC’s investments are driving short- and long-term economic and employment impact in B.C
$94M
Revenue generated by B.C. companies
$205M
R&D contributed by B.C. companies
1,821
B.C. jobs supported by portfolio
35%
YoY revenue growth by direct investments
11%
YoY B.C. jobs growth by direct investments
Unlocking Capital for B.C. Innovation*
For every dollar InBC invested in a company or venture fund:
The companies raised
5.77X
in the funding rounds
The funds invested
3.49X
into B.C. companies
Building a Diversified and Future-Ready Economy
InBC’s investments are supporting key growth sectors across the province.
% by investment dollars
InBC Investment
Themes
InBC’s investment themes are aligned to priority sectors that will drive short- and long-term economic, social and employment relevance and impact for the people of B.C. These will be reviewed periodically based on changing market needs and conditions.
Driving climate action
Investing in solutions towards net-zero emissions and a climate resilient economy.
Sectors
- Cleantech
- Agribusiness
primary un sdgs
Innovating for the future
Investing in technologies that digitize and innovate industries to enable future economic growth in B.C.
Sector
- ICT (AI, Robotics, Quantum, Deeptech, etc.)
primary un sdgs
Advancing reconciliation
Investing to generate economic opportunities for Indigenous Peoples in B.C.
Sectors
- All Innovation Sectors
primary un sdgs
Elevating inclusive communities
Investing in inclusive and equitable solutions that improve health, education and social well-being for communities across B.C.
Sectors
- ICT (Healthtech, Medtech, Edtech)
- Life Sciences
primary un sdgs
To guide our assessment of impact and ESG risks, InBC aligns with global frameworks and standards, including the Impact Management Project, UN Principles for Responsible Investing, UN Sustainable Development Goals and Targets, UN Declaration on the Rights of Indigenous Peoples, Global Impact Investing Network (GIIN), Reconciliation and Responsible Investment Initiative and International Finance Corporation’s (IFC) Operating Principles for Impact Management.
For more details on our approach and how we are creating impact, see our Investment Policy Statement.
Our Approach – Theory of Change
InBC’s vision is to catalyze a more prosperous, sustainable and inclusive future for British Columbia. This impact will be achieved by deploying capital to drive innovation in B.C. using a triple bottom line approach, guided by four impact objectives – advance reconciliation, drive climate action, elevate inclusive communities and innovate for the future.
InBC’s work will build upon and add to existing efforts of the provincial government and organizations across the province to advance the economy in three main areas:
Increasing availability of local capital based in B.C.
Actively supporting companies and venture funds with a strong connection to B.C.
Investing with long-term timelines aligned to big visions and triple bottom line objectives
