The City of Campbell River’s economic development department and the Campbell River Area Angel Group (CRAAG) have announced finalists and prize recipients of the second annual NexStream Tech Competition at an online finale.

Private equity firm Salmon Capital Holdings, LTD., (SCHL) has signed on as the newest official sponsor of Campbell River’s NexStream Tech Competition, announcing earlier this week that it will contribute CAD $100,000 to support the competition.

“We are excited to welcome Poseidon Ocean Systems, Moeller Matthews, CR Lawyers, Shelter Point Distillery and Pacific Sands Beach Resort to the NexStream Tech Competition. We’re grateful for their support, and the continuing support of Spring and Foresight,” said Rose Klukas, the City’s economic development officer. “Each year, NexStream’s teams apply themselves—and technology—to the task of solving industry challenges that affect communities like Campbell River. The funds and expertise provided by CRAAG and our supportive network of sponsors are helping to drive NexStream and its innovators forward.”

The City of Campbell River has expanded Vancouver Island’s first open-access fibre optic municipal broadband network, CRadvantage. The network extension was completed along 11th Avenue to the corner of Dogwood Street and 12th Avenue on July 29.

VANCOUVER ISLAND – The best climate for growing ideas! With a common goal of developing a robust technology sector, eight communities working together as a part of the Vancouver Island Coast Economic Developers Association (VICEDA) are unveiling a dynamic new website www.techisland.io. Emerging from VICEDA’s Technology Attraction Strategy, TechIsland showcases the region’s technology infrastructure, its leading-edge tech companies and highlights the unique amenities that contribute to Vancouver Island’s excellent lifestyle.