Kamloops betting big on technology industry | iNFOnews | Thompson-Okanagan's News Source

Current Conditions

Light Snow

Kamloops News

Kamloops betting big on technology industry

Image Credit: Pexels
November 28, 2016 - 6:30 PM

KAMLOOPS - The city is betting $100,000 it can lure new businesses to Kamloops.

The city has earmarked that money for projects to advertise Kamloops as the ideal place to start or move a business. It specifically wants to bolster its technology sector and is working with Kamloops Innovation to bring it home, according to a release from the city.

Some of the funds will send members of Kamloops Innovation and the mayor to an awards event in Vancouver where the city will be showcased, while other projects include inviting tech start-up founders from the Lower Mainland to Kamloops to work and live for free while considering the Tournament Capital as a new base or location for expansion. Funds will also go to sending local tech companies to conferences to represent Kamloops’s tech sector.

One of the central draws of Kamloops is the cost of living compared to quality of life, Mayor Peter Milobar says in the release. With the current real estate market in Vancouver, Kamloops has an opportunity to capitalize.

“No question, our cost of living is very appealing,” he says in the release.

A secondary goal is to draw skilled workers to Kamloops. The city is also working with the local chamber of commerce and Venture Kamloops on other projects.

To contact a reporter for this story, email Brendan Kergin or call 250-819-6089 or email the editor. You can also submit photos, videos or news tips to the newsroom and be entered to win a monthly prize draw.

We welcome your comments and opinions on our stories but play nice. We won't censor or delete comments unless they contain off-topic statements or links, unnecessary vulgarity, false facts, spam or obviously fake profiles. If you have any concerns about what you see in comments, email the editor in the link above. 

News from © iNFOnews, 2016

  • Popular kelowna News
View Site in: Desktop | Mobile