Vancouver is quickly becoming a top tech centre in North America, and some people are even referring to it as the northern Silicon Valley. Over the past few years, Vancouver has attracted investors as it has proven to be an environment conducive to the growth and success of the tech industry.
But what exactly makes Vancouver a tech hotspot?
Vancouver’s Tech Talent Pool
The tech industry is one of the biggest employers in all of British Columbia, employing more workers than the forestry, mining and oil and gas sectors combined. Luckily, Vancouver offers a great talent pool of designers, computer engineers, programmers and other techies.
Vancouver’s talent pool can be attributed to the post-secondary education options that the city’s educational institutions offer. According to the Vancouver Economic Commission, three of the top five ranked universities for software development in Canada are located in Vancouver. The University of British Columbia, for example, is the top two technology school in Canada and ranks in the top 25 all over the world.
There are other institutions in Vancouver that offer specialised programs for technology courses. Reputable schools like BrainStation offer a comprehensive range of part-time courses in web development, UX/UI design, digital marketing and other tech disciplines. There are also many coding schools that provide crash courses, workshops and night lectures for casual students and hobbyists who simply want to add a new skill to their arsenal.
The Current State of Vancouver’s Tech Industry
Vancouver has been continuously welcoming both startups and expanding countries from the US and other foreign investors. Many foreign workers have advanced in their careers in Canada due to the country’s relaxed immigration policies.
Proudly Canadian tech companies are also increasing and following the footsteps of heavyweights like Shopify, Kik and Hootsuite. The tech industry has recently been reported to generate $23 billion in revenue and $15 billion in the gross domestic product. The tech industry has claimed almost 40 per cent of Vancouver’s commercial real estate.
Commercial Real Estate in Vancouver
Partner with Vancouver Business Brokers today for a commercial real estate for sale in Vancouver. We have an extensive network of sellers and property managers who are selling commercial spaces ideal for your tech company.
In a city conducive to business, setting up shop in Vancouver promises high returns and business growth.
At Vancouver Business Brokers, we provide solutions based on our clients’ specific needs and on our years of experience in the field. We understand that choosing a commercial space for your business is a decision that should not be taken lightly. We are here to provide excellent assistance in negotiations, analysis of interest rates and taxes and other necessary factors.
View our commercial listings for sale through our quick search or request an agent by filling out our online form. You may also give us a call on 1 604 783 5593 or send us a quick message through our contact form. We look forward to working with you and directing you to a successful business in Vancouver.