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Welcome to this week’s Thursday Feature, brought to you by Acetech. In this issue, read about Vancouver Island pulp and paper innovation projects and lessons on leadership from a top venture capitalist. Have a great day. We'll see you again Sunday.

$6.4M going to Vancouver Island pulp and paper mill innovation projects

One of the unique aspects of B.C.’s economy is how interconnected its business sectors are. Tech and farming. Tech and water. Tech and mining. There are countless examples.

The government often takes advantage of this reality and makes investments meant to scale the innovation economy, while also aiming to solve social issues or keep heritage industries competitive. A recent example of this is the CleanBC Industry Fund, which supports the development of homegrown climate solutions.

Earlier this week, the province announced investments in a number of projects that are being funded with provincial carbon tax revenue. On Vancouver Island, Catalyst Paper Corporation is benefiting from $6.4 million to optimize its pulp and paper innovation projects.

The funding is meant to improve its wood-waste press systems and reduce the amount of natural gas required in its processes, among other optimizations. Ultimately, thousands of tonnes of carbon dioxide equivalent emissions should be reduced over the next decade if the government’s goals are met.

So far, provincial funding for CleanBC Industry Fund projects is more than $160 million, with more than $220 million being matched by industry and other sources.

Explore more on CleanBC’s Industry projects.

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Hey Victoria: Get social at Acetech’s Mix + Mingle on Oct 12!

Join Acetech from 5-7:30pm on October 12 at VIATEC for an in-person social and networking event. They’ll provide the snack and refreshments and you’ll get to catch up with other Acetech members and their local tech friends. Acetech also has longtime member Scott Phillips, Founder & CEO of StarFish Medical, sharing his war story.

Don’t miss out: Acetech members attend for free!

📰 More Victoria innovation stories

💡 Lessons learned: In a Twitter thread, Jason Warner, Victoria-based managing director at Redpoint Ventures, shared insights on leadership and personal growth, including the following: “Real true confidence is asking questions, being curious with the possibility of looking silly.”

🔬 Science savvy: UVic is welcoming two Schulich Leaders to its campus this fall, who have received one of Canada’s most prestigious STEM awards. Renata Kamel was named the 2022 Schulich Leader Scholar in Engineering and will be entering UVic from Ballenas Secondary School in Parksville, while Sophie Pavlik, a recent graduate of Barrie North Collegiate Institute, was named the 2022 Schulich Leader Scholar in Science. Both are pursuing studies focused on the environment.

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🕴️ Tech jobs of the week

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• Business Development Representative at Vinn Automotive Technologies

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