Connect with us

Technology

PacifiCan announces $18.3 million to scale up local businesses, boost exports, and opens intake for business growth program

Published

on

Government of Canada funding will help businesses across the province grow, export and compete

SURREY, BC, March 3, 2025 /CNW/ – Across British Columbia, ambitious entrepreneurs are growing their companies and creating prosperity, in sectors from agriculture to life sciences. PacifiCan is investing in this growth.

Today, the Honourable Harjit S. Sajjan, Minister of Emergency Preparedness and Minister responsible for the Pacific Economic Development Agency of Canada (PacifiCan), announced $18.3 million in PacifiCan funding for seven British Columbian companies to scale up their operations, create more jobs, accelerate growth, and bring made-in-B.C. products to markets around the world.

Among these companies, HealthTech Connex, a life sciences company based in Surrey, is receiving over $3.7 million to expand its operations. The company’s advanced brain imaging medical device, NeuroCatch® Platform, evaluates cognitive function within six minutes and is designed to help healthcare practitioners, researchers, and clinicians provide the best health care to their patients. PacifiCan’s investment will allow HealthTech Connex to commercialize their device across North America, Australia, New Zealand, and Europe.

EggSolutions Vanderpol’s, a family-owned and operated egg processor based in Abbotsford, is receiving $5 million to expand manufacturing. With PacifiCan’s support, this company will purchase new equipment, move to a larger manufacturing facility, and improve wastewater treatment capability to reduce its environmental footprint. This investment will strengthen Western Canadian supply chains, increase food security, and bring more B.C.-made products to Canadian consumers.

The investments announced today are expected to create over 270 jobs, grow the local economy, and bring B.C. innovation to more people and markets locally and globally.

Today Minister Sajjan also announced that the next intake for the Business Scale-up and Productivity (BSP) program will open on March 4, 2025. The portal will remain open for companies to submit expressions of interest until April 30, 2025.

Through the BSP program, PacifiCan makes repayable contributions to high-growth businesses in B.C. that are scaling and bringing innovative goods, services or technologies to market.  Potential applicants can learn more about the BSP program on PacifiCan’s website.

Quotes

“British Columbians are known around the world for innovation. Business leaders across the province are transforming industries like agriculture and digital technology. PacifiCan is here to support these businesses. The investments announced today will strengthen B.C. companies’ competitiveness and help to ensure long-term prosperity for all British Columbians.”

-The Honourable Harjit S. Sajjan, Minister of Emergency Preparedness and Minister responsible for the Pacific Economic Development Agency of Canada

“HealthTech Connex focuses on delivering advanced healthcare by connecting science and innovation to real world impacts in brain health. In medicine, you can’t treat what we can’t measure. NeuroCatch represents a global breakthrough to ensure there are objective and accessible vital signs for our brains. This PacifiCan investment will greatly help rapidly scale NeuroCatch deployment further across the globe to all points of care where clinicians need a simple and powerful tool to evaluate the cognitive health of their patients.”

-Dr. Ryan D’Arcy, Co-Founder, President & Chief Scientific Officer, HealthTech Connex

“Surrey is the hub of innovative B.C. businesses who are creating solutions for complex problems for Canadians and around the world. Our investment in HealthTech Connex demonstrates how supporting local companies can create more opportunities right in our own backyard. Today’s news of PacifiCan’s new intake for the Business Scale-up and Productivity program is an opportunity for more innovative Surrey companies to scale their innovative goods and bring their technologies to diverse markets.” 

-Randeep Sarai, Parliamentary Secretary to the Minister of Veterans Affairs and Associate Minister of National Defence and Member of Parliament for Surrey Centre

“As a city that thrives on innovation and entrepreneurial spirit, Surrey is proud to see local businesses like HealthTech Connex benefiting from the substantial investment by PacifiCan. This funding not only supports the growth of cutting-edge technologies that improve healthcare access but also aligns with Surrey’s commitment to fostering a vibrant economy. By empowering businesses to scale and compete globally, we are shaping a future where prosperity is shared by all British Columbians. Together, we are building a sustainable and inclusive economy that meets the needs of today and tomorrow.”

–Brenda Locke, Mayor, City of Surrey

Quick Facts

PacifiCan is the federal economic development agency dedicated to British Columbians. PacifiCan works with partners who are building innovative businesses, creating quality jobs, and supporting inclusive growth throughout our province.Funding announced today was provided through PacifiCan’s Business Scale-up and Productivity program and the Jobs and Growth Fund.The Business Scale-up and Productivity program makes strategic investments in key economic sectors, helping innovative companies accelerate their growth and compete globally.The Jobs and Growth Fund helps job creators, and the organizations that support them, to future-proof their businesses. This includes building resiliency and growth by transitioning to a green economy, fostering an inclusive recovery, enhancing competitiveness, and creating jobs across British Columbia.

Associated Links

PacifiCanBusiness Scale-Up and Productivity Program Jobs and Growth FundHealthTech ConnexEggSolutions Vanderpol’s

Stay connected
Follow PacifiCan on X and LinkedIn
Toll-Free Number: 1-888-338-9378
TTY (telecommunications device for the hearing impaired): 1-877-303-3388

Backgrounder

Today, the Honourable Harjit S. Sajjan, Minister of Emergency Preparedness and Minister responsible for the Pacific Economic Development Agency of Canada (PacifiCan), announced $18.3 million in repayable  funding for seven British Columbian companies to scale up their operations, create more jobs, accelerate growth, and bring made-in-B.C. products to markets around the world.

The projects announced today are:

Business Scale-Up and Productivity Program

4AG Robotics
$2,500,000

Funding will enable 4AG Robotics to scale up its robotic mushroom harvesting technology. The Salmon Arm-based company’s robots use artificial intelligence to help farmers pick, trim, and package mushrooms, significantly reducing production costs and boosting productivity. This investment will allow 4AG to expand manufacturing, hire more employees, and increase sales globally.

EggSolutions Vanderpol’s
$5,000,000

Funding will allow EggSolutions Vanderpol’s (ESV), B.C’s only family-owned and operated egg processor, to expand manufacturing and reach new markets. ESV produces traditional egg products such as albumen, yolk, and whole eggs, as well as specialty products for Asian markets. This investment will allow EggSolutions to move to a larger manufacturing facility and purchase the first and only tamagoyaki machine in North America, making the Abbotsford-based company the exclusive producer of fresh Japanese omelettes for Canadian and Asian markets.

ESV will increase its production capacity, bringing more B.C.-made products to existing markets, and expand to markets outside of North America. PacifiCan’s funding will also allow EggSolutions to improve wastewater treatment capability, which will convert waste into fertilizer and reduce the company’s environmental footprint.

HealthTech Connex
$3,767,850

Funding will enable HealthTech Connex, a life sciences company based in Surrey, to expand its operations. The company’s advanced brain imaging medical device, NeuroCatch® Platform, evaluates cognitive function within six minutes at the point-of-care. This investment will allow HealthTech Connex to commercialize its device across North America, Australia, New Zealand, and Europe.

MarineLabs
$1,800,000

Funding will help MarineLabs, a Victoria-based company, grow its ocean data network. MarineLabs makes sensors that track weather and waves for ports and ship operators in real-time. In addition to creating new jobs, this investment will help the company add more sensors and improve its forecasting tools, making marine travel safer and more efficient. 

Mustimuhw Information Solutions
$3,266,398

Funding will help Mustimuhw Information Solutions, an Indigenous-owned software company in Duncan, expand its digital health platform. The company develops software that helps First Nations and Indigenous health and family-services organizations manage medical records and other personal data in a culturally sensitive way. This investment will help Mustimuhw Information Solutions launch and scale up a new community wellness and housing management application, making it easier for Indigenous communities to manage these services.

VitaminLab
$921,278

Funding will help VitaminLab, a Victoria-based health and biotech company, expand its operations. VitaminLab creates personalized vitamin supplements using health data. This investment will support the company’s move to a larger facility, introduce automation, and meet growing demand for its products.

Jobs and Growth Fund

Pledge Resource Managers
$1,100,000

Funding will help Pledge Resource Managers, an Indigenous and woman-owned clean technology company in Kelowna, scale up production of its smart shower system. The RainStick Shower is the first in North America to filter and recirculate water in real-time, reducing household water use by 80%. This investment will allow the company to bring manufacturing in-house, hire more employees, and meet growing demand for its product around the world.

SOURCE Pacific Economic Development Canada

Continue Reading

Technology

2026 Canton Fair Design Award Winners Showcase China’s Innovation Strength

Published

on

By

GUANGZHOU, China, Oct. 19, 2026 /PRNewswire/ — As the 140th Canton Fair opens, the winners of the 2026 Canton Fair Design Award (CF Award) have also been announced. Winning products are now on display in Area D of the Canton Fair Complex, offering visitors a closer look at some of the latest advances in Chinese manufacturing and industrial design.

Among this year’s top honorees, a domestically developed high-performance sport motorcycle and an intelligent navigation capsule robot gastric endoscopy system received the Best of the Best Award, the competition’s highest recognition.

The Canton Fair also enhanced the visitor experience with a themed showcase area within the award exhibition. Built around four application-oriented concepts, namely Outdoor Pleasure, Smart Living, Cozy Home and Kitchen Elegance, the immersive displays demonstrate how innovative designs can be integrated into everyday life, helping visitors better understand the practical value behind these award-winning products.

This year, 4,218 products from 2,112 companies competed for the award. Following multiple rounds of evaluation, 222 products from 174 companies were selected.

The award-winning products reflect several key trends shaping the next stage of Chinese manufacturing. Innovation remains a defining theme, with breakthrough technologies ranging from upper limb motor function assistance and enhancement system to exoskeleton robots, underscoring the growing momentum of high-end manufacturing.

Meanwhile, intelligent technologies continue to gain traction across industries. Smart products account for more than 30% of this year’s winners, with AI-powered glasses, intelligent conference terminals and smart healthcare devices extending AI applications across home, office, medical and outdoor environments.

Sustainability is also becoming increasingly embedded throughout the product lifecycle. Green products represent over 40% of the winning entries, while innovations such as integrated energy-saving panels and sugarcane paper demonstrate how environmentally conscious practices are being incorporated into product design, materials selection and manufacturing processes.

Established in 2013, the Canton Fair Design Award is widely regarded as a benchmark for design innovation in China’s foreign trade sector. The award recognizes products that combine design excellence with commercial value, promoting the transformation and upgrading of Chinese manufacturing and supporting high-quality trade development. Entries are evaluated across five dimensions: innovation, quality, functionality, aesthetics and sustainability.

For more convenient attendance, please click here for pre-registration:
https://buyer.cantonfair.org.cn/register/buyer/email?source_type=16

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/2026-canton-fair-design-award-winners-showcase-chinas-innovation-strength-302911954.html

SOURCE Canton Fair

Continue Reading

Technology

InstaMall Launches Same-Day Fashion Delivery Experience, Bringing 80+ Brands to Shoppers’ Doors in Miami

Published

on

By

First-of-its-kind shopping app pairs artificial intelligence with same-day delivery, bringing luxury
and contemporary brands directly to customers’ doorsteps 

Featured luxury and contemporary brands include AllSaints, John Varvatos and Aritzia

MIAMI, Oct. 19, 2026 /PRNewswire/ — InstaMall, a first-of-its-kind shopping app offering same-day delivery and access to real-time inventory across luxury and contemporary fashion, launches today in Miami, Florida. Now available via iOS and Android, InstaMall provides access to more than 80 contemporary and luxury fashion brands across Miami’s five premier retail clusters, including Balmain, Louis Vuitton, Bottega Veneta, Ganni, Coach, Diesel, Reformation, Aritzia, Cult Gaia, Prada and more. InstaMall will add more brands within the app in the coming weeks and seasons. 

Sitting at the intersection of fashion, technology and commerce, InstaMall brings inspiration and purchase together through a more dynamic way to discover and shop for fashion. The experience combines access to luxury and contemporary brands with the convenience of same-day delivery, bringing the speed customers have come to expect across categories like food and groceries to fashion while maintaining the brand experience retailers and shoppers expect.

Within the app, customers will have access to InstaMall’s AI-powered stylist and virtual try-on features, making it easier to browse, discover and shop styles online. InstaMall’s AI Stylist serves as an intelligent shopping assistant that responds to customers’ preferences in real time. Customers can use the AI Stylist to receive product recommendations, build outfits, ask questions and discover new styles, while its virtual try-on feature allows them to visualize select items on themselves before making a purchase.

“InstaMall was founded on the belief that the convenience customers have come to expect from same-day delivery should extend to the way they shop for fashion,” said Elliot Aboud, Founder and CEO of InstaMall. “As fashion and technology continue to evolve together, we saw an opportunity to create a more seamless shopping experience that brings customers closer to the brands they love, combining a curated assortment, AI-powered styling and virtual try-on with the ease and convenience of same-day delivery.”

Prior to founding InstaMall, Elliot Aboud helped build the Aroma360 and Hotel Collection brands, overseeing the launch of the first retail store and expanding the retail footprint to more than 30 stores across the United States and two in Dubai. InstaMall is bringing fashion and luxury to the next generation with its seamless shopping experience and wide selection of brands.

Customers can download InstaMall through the Apple App Store or Google Play, or by going to instamall.co.

About InstaMall 

InstaMall is a same-day fashion shopping and discovery app reimagining how consumers shop for luxury and contemporary brands. Sitting at the intersection of fashion, technology and commerce, InstaMall brings inspiration and purchase together in an experience that gives consumers a more dynamic way to discover and shop. Where on-demand delivery has long existed for categories like food and groceries, InstaMall brings that same convenience to luxury fashion for the first time, delivering the same day without compromising the brand experience fashion retailers and their customers expect. The company launched publicly in Miami on October 16, 2026, and plans to expand nationally. For more information, please visit instamall.co.

View original content to download multimedia:https://www.prnewswire.com/news-releases/instamall-launches-same-day-fashion-delivery-experience-bringing-80-brands-to-shoppers-doors-in-miami-302911889.html

SOURCE InstaMall

Continue Reading

Technology

PTC to Announce Fourth Fiscal Quarter and Full Year 2026 Results on Wednesday, November 4, 2026

Published

on

By

BOSTON, Oct. 19, 2026 /PRNewswire/ — PTC (NASDAQ: PTC) will release its fiscal 2026 fourth quarter and full year results on Wednesday, November 4th after the stock market closes. As previously announced on October 5th, 2026, PTC entered into a definitive agreement to be acquired by Schneider Electric. In light of the pending transaction, PTC is suspending quarterly earnings conference calls and is no longer providing quarterly or annual guidance.

The earnings press release and accompanying financial data tables will be accessible on the Investor Relations section of the company’s website at PTC Investor Relations.

About

PTC (NASDAQ: PTC) is a global software company that enables manufacturers and product companies to digitally transform how they design, manufacture, and service the physical products the world relies on. Headquartered in Boston, Massachusetts, PTC employs over 7,000 people and supports more than 30,000 customers globally. For more information, please visit www.ptc.com.

Investors

Michael Maguire
mmaguire@ptc.com
investor@ptc.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/ptc-to-announce-fourth-fiscal-quarter-and-full-year-2026-results-on-wednesday-november-4-2026-302912229.html

SOURCE PTC Inc.

Continue Reading

Trending