For all our Techvibes readers in the Okanagan, we’ve been informed that there is still space for start-ups left at the Penticton Okanagan Research & Innovation Centre (ORIC) High-Tech Business Incubator.
In November 2009, the ORIC High-Tech Incubator received $170K of financial support from the Federal Government under the Community Adjustment Fund program to create a technology business incubator in Penticton.
The focus of the new incubator in Penticton is on Clean Tech and Wireless start-ups, emphasizing ORIC’s relationship with National Research Council’s Radio Observatory and Okanagan College’s new Centre of Excellence in Sustainable Building Technologies and Renewable Energy Conservation.
The Penticton location is the third high-tech incubator in the Okanagan Valley and should be instrumental to the growth of the South Okanagan’s high-tech community.
In the future the ORIC High-Tech Incubator will relocate to the Centre for Excellence in Green Building Technology at Okanagan College. An investment of $28 million from the federal and provincial governments and the institution will help build a new Centre for Excellence in Green Building Technology at Okanagan College in Penticton.