Earlier today, a press conference was held by InBC Investment Corp regarding their new investment strategy and several speakers took a turn giving their thoughts and providing information on the strategy.
Minister of Jobs Ravi Kahlon was first up and he spoke of how this announcement was a culmination of InBC’s hard work as well as how the strategy was a commitment to finding innovative solutions to balancing the growth of the economy and it’s environmental and social impacts.
He also mentioned how the StrongerBC Economic Plan was seeing positive results with the construction of transportation infrastructure and investment in skills and training opportunities.
Leah Nguyen, Chief Investment Officer of InBC, then went on to talk about the strategy’s triple bottom line of people, planet and profit as well as their four impact objectives that align with the StrongerBC Economic Recovery Plan, driving climate action, innovating for the future, advancing reconciliation and elevating more inclusive communities.
She also spoke about how they want to be a source of local and patient capital and help the Province transition to a net zero economy and create a more climate resilient community.
Lesley Esford, executive director of SFU VentureLabs and Jeff Ward, CEO of Animikii Indigenous Technology spoke glowingly about how InBC focuses on the right values and the way they expect them to support local entrepreneurs.
InBC is expecting to start investing in venture capital funds this fall and in businesses by spring 2023.
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