Role in the Funding Ecosystem
The Ministry of Jobs and Economic Growth serves as British Columbia's primary provincial ministry for economic development, job creation, and business support. It coordinates government efforts to build a strong, diverse, and resilient economy across all regions of the province.
Key Funding Programs
- InBC Investment Fund: A $500 million strategic investment fund with a triple bottom line mandate that invests in high-growth potential businesses to help them scale up
- BC Knowledge Development Fund: Government's primary capital investment supporting research infrastructure
- Economic Development Funding and Grants: Funding opportunities for communities and organizations supporting local economic development
- Investment Capital Programs: Programs helping small businesses gain access to capital
- Non-profit Sector Support: Funding opportunities for non-profit organizations
Target Audiences and Sectors
The ministry serves businesses of all sizes, particularly small and medium enterprises, high-growth technology companies, research institutions, non-profit organizations, and communities throughout British Columbia. Key sectors include technology and innovation, clean energy, natural resources, trade, and rural economic development.
Institutional Partnerships
The ministry works closely with organizations including InBC Investment Corp, BC Trade and Investment offices, regional economic development boards, and various federal-provincial programs.