Exclusive

‘Once-in-a-lifetime opportunity’: New Vancouver group pushes for support for metaverse tech sector

VANCOUVER — A group of entrepreneurs, investors and other tech-industry insiders frustrated with a lack of government support for the emerging metaverse sector has formed a collective to fill the void. Their plan—backed by the Business Development Bank of Canada (BDC), Vancouver-based incubator Launch Academy and the law firm McMillan LLP, among others—includes creating a roughly 100,000-square-foot innovation hub in Vancouver to help startups in the nascent field.

    Subscribe now to start reading premium, award-winning journalism.

    By entering your e-mail you consent to receiving commercial electronic messages from The Logic Inc. containing news, updates, offers or promotions about The Logic Inc.’s products and services. You can withdraw your consent at anytime. Please refer to our privacy policy or contact us for more details.

    In-depth, agenda-setting reporting

    Great journalism delivered straight to your inbox.

    Briefing

    Caisse, Westcap file for representation in Celsius bankruptcy proceedings

    Dye & Durham’s bid to buy Link Group falls through

    Imax to buy Waterloo AI firm Ssimwave in deal worth up to $25M

    Best business newsletter in Canada

    Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.

    Exclusive events

    See the bigger picture with reporters and industry experts in subscriber-exclusive events.

    Membership in The Logic Council

    Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.

    Canada's most influential executives and policymakers are reading The Logic

    • CPP Investments
    • Sun Life Financial
    • C100
    • Amazon
    • Telus
    • Mastercard
    • bdc
    • Shopify
    • Rogers
    • RBC
    • General Motors
    • MaRS
    • Government of Canada
    • Uber
    • Loblaw Companies Limited