Universities get Government Funding for a Larger Tech Pool
Universities get Government Funding for a Larger Tech Pool- The Knowledge review

The provincial government of British Columbia (B.C.) has recently announced $4.4 million in new funding to add 2,900 spaces for technology related programs. The investment is touted to increase till $42 million in the near future. This program further deepens the talent pool for data scientists, software developers, biomedical researchers, and manufacturing innovators in British Columbia companies. These spaces will include degree, diploma and certificate programs.

The investments are intended for creating 1,000 additional grads per year by 2023. The move seems similar to what is already being implemented in most of the developing countries that are widely popular for exporting their techies. It proves to be a huge boost for B.C.’s well-established manufacturing sector to increase their exports. Tech sector in B.C., which consists of more than 10,000 businesses, would eventually get a one stop destination for accessing all the talent they require. This initiative has even been regarded as one of the key factors for improving investment in education and eventually, in attaining the projected growth of B.C.

The Provincial Government has announced that a number of universities will get hundreds of new tech student spaces. Notably, Simon Fraser University (SFU) Surrey would receive 320 undergrad seats and 120 grad level seats for its Sustainable Energy Engineering Program. On a similar note, University of British Columbia in Vancouver is allotted with 624 spaces for computer science, biomedical and manufacturing engineering programs.

Apart from these two, Melanie Mark, Minister of Advanced Education, Skills and Training has added that

– British Columbia Institute of Technology will be allotted with 300 spaces for information-technology diplomas in cybersecurity, tech arts and new media.

– Kwantlen Polytechnic University will be allotted with 40 seats for mechatronics and advanced manufacturing-technology diploma.

As part of a tech-centric future, investment plans were based on the rising demand for techies, the need for an enhanced pathway for the transfer of students, and to eventually develop a post-secondary education that would efficiently complement the tech sector. 83,400 tech-related job openings are already expected by 2027. The B.C. government was severely commended for its initiative by major players of the tech industry.


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