Eleos Robotics enters contract to receive investment of $165,000

 

The Sumas Regional Consortium for High Tech (SRCTec) is a not-for-profit organization governed by a select group of technology executives that form a volunteer board of directors. SRCTec is a coalition of local government, industry partners and high education institutions interested in attracting tech based investment into the “Region” (including the District of Mission, City of Abbotsford, City of Chilliwack, District of Maple Ridge and the Township of Langley).

 

Mission, BC, June 21, 2017 – Eleos Robotics, one of SRCTec’s latest start-ups, has signed a contract to receive an investment of $165,000 and they have recently received their first $35,000 of this investment. Eleos Robotics designs, engineers and integrates advanced robotics and artificial intelligence technologies to “create high-tech solutions to low-tech problems.” Their vision is to one day see hundreds of thousands of acres of crops chemical free because of Culture Bot, the automated pest management system and “the future of pest management”.

For growers who need to lower their crop protection expenses, Culture Bot technology reduces labour and pesticide spraying costs significantly. Unlike integrated pest management, Culture Bot is fully automated and unlike pesticides, it’s 100% sustainable.

Learn more about Culture Bot here: eleosrobotics.com

“We have a task force of engineers led by the founders: myself, Elisabeth Van Essen, and Emanuel Pop. We have been doing the technology planning and Ai research up to this point because of the lack of funds for robotics equipment” noted Yahoel Van Essen, co-founder of Eleos Robotics.

Eleos Robotics has experienced a seed round of funding from a prominent NBA player. They raised approximately $170,000, and most of that is going towards technology development and launch preparations. Having some cash of their own also makes them “less risky” for government funders, increasing their odds of getting a grant.

“The SRCTec team is very excited for the future of Eleos Robotics and we’re looking forward to continuing to help them grow their company. Start-ups like Eleos Robotics that have a unique idea, a clear vision and the drive to build a successful company are becoming increasingly common in the “Region” and it gives some insight into what the future holds for the tech sector in the Fraser Valley.” noted Raymond Szabada, CEO, SRCTec.

 

Contact:

Erik DiGuistini
Marketing and Communications Assistant
ediguistini@srctec.org
(604) 768-6052

SRCTec at the China-Canada Economic & Trade Cooperation Conference

SRCTec CEO Raymond Szabada in partnership with the City of Mission, delivers presentation on Regional value propositions as related to the Tech Sector at
the: CHINA (GUANGDONG)-CANADA (BRITISH COLUMBIA) ECONOMIC AND TRADE COOPERATION CONFERENCE
TWO-WAY INVESTMENT AND TECHNOLOGY INNOVATION ROUND TABLE

Guangzhou & Canada Strengthens Cooperation in the Technological Innovation Field
Release time : 2016-05-17

The Two-way Investment and Technological Innovation Sub-forum of China (Guangdong)-Canada (British Columbia) Economic and Trade Cooperation Exchange was held in Vancouver, Canada on the morning of May 9, 2016. The sub-forum was jointly held by Invest Guangzhou. The roundtable is the largest of the four sub-forums of the economic and trade cooperation exchange with the largest number of participants. Xiao Zhenyu, director-general of Guangzhou Municipal Commission of Commerce, introduced the advantages and prospects of Guangzhou as a city focus on entrepreneurship and innovation and a series of policies on supporting enterprise innovation. Canadian enterprises and Guangzhou Economic and Trade Cooperation Delegation exchanged views on the energy, e-commerce, energy conservation and environmental protection and the high and new technology and reached a batch of intent of cooperation.  More than 100 representatives, from the Government of British Columbia, Vancouver investment promotion agency, municipal government of the City of Mission, The Sumas Consortium for High Tech (SRCTec) Canadian enterprises, and Guangzhou Economic and Trade Cooperation Delegation, attended the roundtable.

 

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SRCTec Announces New Venture Acceleration Program

Are you a gamer, software application company or high tech manufacturing firm? Join us on March 23, 2016 at the Best Western in Mission to lean more about the newest program addition to the Sumas Regional Consortium for High Tech – the Venture Acceleration Program.

 

How does our Venture Acceleration Program Work for You?

 

Our role in this program is to help fill the funnel of new tech companies and to help existing tech companies accelerate ideas by:

  • Stimulating entrepreneurial spirit in the tech industry, regionally
  • Assisting budding entrepreneurs to take their idea though to commercialization
  • Provide networking opportunities for all companies regardless of their size
  • Stimulate growth with four full days of training on Product Validation, Market Validation, Market Penetration and Market Expansion
  • Offering access to capital opportunities and other funding options in the tech sector
  • Continued post-training mentorship with SRCTec’s premier movers and shakers for the duration of the program (1 year)

 

WORK SHOP SCHEDULE

1:00pm to 1:30pm >> Registration & Welcome
1:30pm to 1:45pm >> Critical Success Factors for Tech Entrepreneurs with CEO Ray Szabada
1:45pm to 2:30pm >> Legal Considerations in Starting a Business with Ally Bharmal from Fasken Martineau
2:30pm to 3:00pm >> NRC IRAP with Walter Wardrop
3:00pm to 3:30pm >> Networking
3:30pm to 4:00pm >> De Mystifying Your Banker with Shannon Baird of BDC
4:00pm to 4:30pm >> Advanced Accounting with Greg Buck of Key Accounting
4:30pm to 5:00pm >> Post Event Networking
5:00pm to 6:00pm >> Orientation with Peter Briscoe & Mike Manion

 

Workshop Registration Form

SRCTec’s Member MyGreen Space Receives $60,000 in Funding

My Green Space™ is a mobile application (app), which offers an end to end solution simplifying the process of growing fruits and vegetables in any space, and eliminating any need for research or journaling. Customers learn instantaneously with daily task notifications and tutorials. Built-in e-commerce simplifies the process of acquiring the correct supplies by recommending the products required for the user specific situation: time of year, location, sunlight, budget and available space. My Green Space™ functions on desktops, smartphones and tablets, allowing users to use the app while in their gardens.

My GreenSpace is on a mission to accelerate the transition to a sustainable food system.  Their Vision is a garden in every home. Food for every soul.
Michael Moll  is a community and technology obsessed social commerce visionary. Resilient sustainable communities is rooted in my DNA. Growing up in Kenya and coming to Canada on a full  leadership scholarship at UBC sauder school of business has given him an amazing experience.

Michael dreams of ways to use technology to transform human activities.  He has a keen eye for visual communication and product development and is obsessed with the power of co-creation.  Currently using his marketing prowess and startup experience to steer the vision for www.mygreenspace.ca A digital garden planner and seed shop on a mission to make communities more sustainable and resilient.

Mike is a full time optimist who loves nothing more than living at the intersection between people and technology.

 

Congratulations on your success MyGreen Space! We are excited to watch you grow, no pun intended.

It’s Coming! The First Annual Agri-Tech Trade Show + Mixer

Sumas Regional Consortium for High Tech, located in Mission, BC is the Valley’s first and only technology hub generating a variety of services, membership, events and funded programs for tech entrepreneurs, companies and students to take advantage of. Last year SRCTec obtained the Agri-Tech Venture Acceleration Program, a program which provides training, mentorship, access to capital and networking for individuals and companies who have the next big tech idea in agriculture. With close to 20 ventures successfully graduated from this program, SRCTec definitely hit a gap in the agri-tech industry where its needed.

“The Sumas Regional Consortium for High Tech will play an increasingly important role in helping to diversify our economy and provide rewarding and fulfilling career opportunities right here in our own community”, said Abbotsford-Mission MLA Simon Gibson.

 

On October 21, 2015 at the Ramada Conference Centre in Abbotsford, SRCTec is hosting the First Annual Agri-Tech Trade Show + Mixer. This event is FREE and gives local agri-tech businesses and AVAP ventures a chance to showcase the newest tech innovations in the agri-tech industry. This event starts at 2:00pm and runs until 5:00pm and gives you a chance to walk the expo, attend keynote speaker presentations on this years biggest topics in agriculture and mingle with attendees at our networking mixer. To register for this event please contact Athena Green at 604-615-4619 or by email at agreen@srctec.org.

 

 

 

 

SRCTec Welcomes a New Kind of Innovation for Small to Medium Sized Businesses

MISSION – Technology based non-profit and tech hub of the valley Sumas Regional Consortium for High Tech has welcomed their newest member to their facility in Mission, British Columbia. WiseBOX Solutions Inc., and their team of brilliant innovators and product development specialists have made Mission their new base camp. 

WiseBOX Solutions Inc. is a powerful, yet simple to use business software suite designed for small to mid-sized companies looking for a single system to manage inventory, billing, customer relationship management, and achieve business process automation across all of the business functions needed. WiseBOX Solutions Inc. will help businesses get organized, increase productivity and will help in making the critical steps to grow and scale business.

 

WiseBOX Solutions Inc. will streamline workflow and make it more cost-efficient to operate a business, gain a better snapshot of operations and opens up the time to coordinate activities and serve customers.

 

Quotes:

 

“Working with SRCTec has been a great experience.   Being able to set up shop and get our business going with the help and advice from professionals who have already built companies, and are currently building companies is priceless. It has put us on the right track towards success and we are excited for our future.”

 

WiseBOX Solutions Inc. Business Development Manager, Jesse Maxon

 

Quick Facts:

  • Established in 2012, Sumas Regional Consortium for High Tec (SRCTec) is a not-for-

profit organization governed by a select group of technology executives that form a volunteer board of directors.

  • SRCTec is a coalition of local government, industry partners and high education institutions interested in attracting tech based investment into the “Region” (including the District of Mission, City of Abbotsford and Chilliwack).
  • As a consortium, SRCTec understands the necessary infrastructure and programs required within the Region, in order to create jobs, foster innovation and drive skilled training.
  • SRCTec is committed to the technology-led Economic and Educational development of the region.
  • BC’s technology sector is the third largest contributor to the province’s economy, making up to 7.6% of our gross domestic product and producing $23.2 billion in annual revenue and, $31 billion in exports.

 

Learn More:

 

Sumas Regional Consortium for High Tech: www.srctec.org

WiseBOX Solutions Inc.: www.mywisebox.com

 

Contact:

 

Athena Green

SRCTec, Marketing/Program Coordinator

agreen@srctec.org

 

Download the official NEWS RELEASE here.

604-615-4619

SRCTec Hosts New Program to Fund Tech Employers

SRCTec is proud to announce their newest addition to technology based funding through the BC Innovation Council.  The BCIC Innovator Skills Initiative (BCIC-ISI) is designed to cultivate future technology entrepreneurs and innovators with the ultimate goal of creating quality, high-paying jobs for the BC economy. BCIC-ISI is focused on fulfilling regional industry needs while preparing students to start companies, in addition to filling jobs.

Are you a BC-based technology company that needs to access top talent and skilled workers, train future employees, resource for a project that will move your company forward, or have the opportunity to showcase industry problems to future solution providers? SRCTec will pair you up with an eligible student in exchange for BCIC-ISI vouchers valued at $2,500-$7,500 (average $5,000), which must be matched in-kind and/or in-cash by a company contribution.

Post-secondary students from across BC with business, technical, innovation and entrepreneurial training, skills are invited to expand on their  experience to meet the needs of the technology sector. The program focuses on exposing students to regional industry needs and challenges, while providing students with the skills required to run a successful business.

Company Eligibility:

  • Must be a BC-based technology company and participating in the program partner’s services or programs.
  • Is eligible to receive two vouchers per year.
  • Must provide a 1:1 matching contribution to the voucher funds (in-kind and/or in-cash).
  • Must provide adequate training (business, technical and innovation and entrepreneurial) to meet the program objectives.
  • Must provide a project to the student. Company projects offered to students must be related to business, technical and innovation and entrepreneurial opportunities, and cannot be general administrative duties.

Student Eligibility :

  • Must be a post-secondary student currently enrolled at a BC post-secondary institution.
  • Is required to complete the ‘Virtual Market Validation Training’ offered through New Ventures BC, and companies must ensure this is completed.
  • Is eligible for two vouchers per year.
  • Can be a co-op student if the co-op position is not funded by any other co-op subsidization program.
  • Must be employed a reasonable number of hours per week (approximately 25 hours) at a fair market value for a highly skilled student; in accordance with regional and industry differences factoring in local wages, types and lengths of projects.

 

Funding is limited so apply online today or contact SRCTec for more information.

SRCTec Press Release BCIC Innovator Skills Initiative

 

 

Our New Mission – ACETECH Holds its First Ever Meeting in Mission, September 15

ACETECH, the training organization for CEOs of technology, life sciences, and innovative companies,
has announced that Mission will be the location for its September “Speaker Series” meeting. Hosted by
SRCTec (Sumas Regional Consortium for Technology), and sponsored by the BC Innovation Council and
the District of Mission, this event marks another milestone to position Mission as a technological hub in
the Fraser Valley.

SRCTec is opening a technical centre of excellence in downtown Mission later this fall – a move that has
interested two high tech companies to re-locate here, with more to follow. The Consortium has
partnered with the city to leverage Mission’s ongoing downtown revitalization program, its low cost of
doing business and high quality yet affordable lifestyle to go after the thriving high tech sector. SRCTec’s
planned Venture Acceleration Program to aid incubator and start-up high tech companies will be an
essential first step.

“These targeted early adapters will pave the way to brand this community as a tech start-up centre,”
explains SRCTec Chair Ray Szabada. “They will bring high paying jobs and will have a substantial positive
impact on this community and local economy. And the fact that an organization with the prestige of
ACETECH has also chosen Mission is just icing on the cake!”

The ACETECH meeting will feature author Shannon Susko as presenter. Shannon’s book “The
Metronome Effect” draws on the wisdom of some of the best business minds of our time, as well as the
author’s own experiences as a serial entrepreneur, to create a methodology that delivers a practical
process to grow business profits. With more than twenty years of experience building and leading high-
growth technology companies, she was recognized as one of Canada’s Top 40 under 40 in 2000, and was
awarded the Sarah Kirke Award for Canada’s Leading Women Entrepreneurs in 2006. Shannon currently
serves as a corporate director, as well as a leadership coach helping CEOs and top executives in a variety
of industries keep their companies on the path to growth and predictable profit.

SRCTec Makes Commitment to Mission

City Owned Building Will Accommodate Up To 30 High Tech Jobs in Mission’s Downtown

The Sumas Regional Consortium for High Tech has officially announced that it is opening its first Technical Centre of Excellence (TCE) in Mission later this fall. SRCTec Chair Ray Szabada has signed a memorandum of understanding with the District to lease a portion of the city owned building behind the post office. The facility will accommodate and provide services to start-up high tech companies.

In addition to the twelve start-up companies that have already expressed interest in the program, two well-established high tech firms have enquired about taking space in the building as anchor tenants. “I am confident that we can fill the space available to us quickly,” Szabada says.  “And this will fundamentally change the local economy. The TCE will attract high tech companies to locate in Mission, and will brand this community as a technology hub. This is excellent news for the city’s downtown revitalization initiative and for local businesses in general.”

Mission Economic Development Officer Stacey Crawford agrees. “This is the culmination of several years of work in partnership with SRCTec,” he notes. “It brings together education, innovation, and business with a technology sector focus and will generate new jobs in the knowledge based economy.”

Szabada praises Mission for its forward and innovative thinking. “Technology is a perfect fit for this community,” he says. “Mission Council and staff have been extremely supportive, and have helped to make this TCE project a reality.

The Sumas Regional Consortium for High Tech (SRCTec) is a not-for-profit organization governed by a select group of technology executives that form a volunteer board of directors. SRCTec is a coalition of local government, industry partners and higher education institutions interested in attracting tech based investment into the “Region” (including the District of Mission, City of Abbotsford and Chilliwack). As a consortium, SRCTec understands the necessary infrastructure and programs required within the Region in order to create jobs, foster innovation and drive skills training.