The PacifiCan-funded Accelerating Circular Economy program has been successfully completed, addressing all of the goals and impact metrics for BC’;s business community. From 15 October 2021 – 31 May 2025, the program led to the creation of 55 research projects with over $3.2M of co-investment from for-profit partners, resulting in over $2.9M in revenue growth for those businesses within that period. An additional 90 research projects were launched with either for-profit firms that did not co-invest, or with firms that aren’t for-profit. A total 133 highly-qualified personnel (HQP) were trained during the program, and the $1.04M investment from PacifiCan was leveraged to a total program value of over $7.4M.
More information is available in PacifiCan’s press release here: https://www.canada.ca/en/pacific-economic-development/campaigns/stories/ubco-circular-economy.html