Posted on December 27th 2016
The BC Weekly Business Report: July 26th 2016
The legendary Gary Bizzo from The Bizzo Management Group and Vancouverentrepreneur.ca provides you with The BC Weekly Business Report. On what’s going on in our Province. Every week we bring you all up to date with new ventures, investment opportunities, start ups, technology, business activities and who’s doing what when it comes highlighting local BC entrepreneurs. All this great weekly business news will inform or may even inspire you to get involved, contact, network or even expand or start your own business. Enjoy the show!
Episode #6 Vancouver Entrepreneur:
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1) Mark Brand is one of BC’s best known social entrepreneurs. After opening a number of restaurants, clothing labels and breweries in BC, he started his biggest project to date when he bought Vancouver icon, Save on Meats in worst economic part of vancouver. After restoring the building back to its prime, he set about rejuvenating the community it resided in, employing over 65 employees that live in the community. The company now boasts a meal program that serves 450 people per day, seven days a week.
- 2) Junior Achievement British Columbia (JABC)
JA Worldwide, the world’s largest NGO dedicated to educating young people about business. For 60 years, over 35,000 students in BC benefit from JABC programs delivered free of charge by volunteers from local business communities, who bring real-life experience into the classroom. JABC programs focus on work readiness, financial literacy and entrepreneurship, giving students the confidence and skills they need to become the next generation of business and community leaders.
- 3) Education
MBA’s and Business Schools in BC are taking a new approach to business education.
Time is as much of a consideration as cost for students so Royal Roads U broke its certificate programs apart into individual courses that run nine weeks. The benefit of offering courses à la carte is that it’s easier to get employers to chip in with students more likely to get funding for one course than a whole program. Even for those who opt for a full MBA, specialization is fast becoming the norm: this year, RRU introduced two niche streams, in European and Asia Pacific markets, in response to student and industry demand for international specializations.
- 4) SFU’s Beedie School of Business has taken quite a different approach to the question of specialization by focusing on the hyper-local. Its Prince Rupert-based Northwestern B.C. EMBA, launched last fall, aims to fill an education gap in that part of the province, drawing students from Terrace and Kitimat as well. The idea was that this would focus more on the interests of the people who are living and working up there.
- 5) Christopher Krywulak of IQmetrix, winner of one last years Entrepreneur of the Year winners with BC Business Awards became an entrepreneur because, as he puts it, he needed a place to work where he could “fit in.” iQmetrix, creates point-of-sale and other retail management software for retailers, mostly in the wireless sector.
Today, iQmetrix has more than 300 employees, has no debt and no outside investors.
- 6) Tantalus Labs hope to revolutionalize marijuana growth. It is the first of a new generation of legal and technology driven greenhouse cultivators of medical Cannabis. They are taking the growing of marijuana out of the closet and putting it in hi tech legal greenhouses. Various strains will be grown in different bays where temperature, humidity and carbon dioxide can be controlled in each individual grow area.
- 7) Vancouver Urban Winery is a boutique winery located in Railtown, two blocks East of Gastown in downtown Vancouver. They produce an exclusive 700 cases of wine per year under our Vancouver Urban Winery and VUW Colab brands. This are is a growing hub of wineries and breweries.
- 8) Traction on Demand
Traction on Demand is a very specific answer to a very specific problem – sales. They are basically a sales software consulting company. Telus used to do door-to-door sales, people with clipboards trying to talk residents into buying services. They built Telus an iPad app using Salesforce. The process of getting customer commitments that once took Telus weeks now takes seconds. Overall, the privately held Traction had around $10 million in revenue last year and now counts 130 employees.
- 9) Game Quest was a finalist in the Small Busienss BC awards this year. From Prince George they say they are things video games and will trade or sell you games from all eras including Coleco, Atari, Pong and more. Sounds like a fun place to hang and get your game on.
- 10) Vintage & Restoration Love is a retail store in Dawson Creek in BC. It too was a finalist at the 2016 Small Business Awards. Vintage & Restoration Love offers a variety of vintage antiques, repros, up-cycled and restored furniture and local creations. It just goes to show you don’t need to be a hi tech company to succeed.
Local Events to check out:
Business Council of BC