Why cities are trying to persuade tech companies to move

Ryan Holmes (originally of Vernon) recently disclosed that he’s received many invitations (with incentives) to move his Vancouver based company (Hootsuite):

It became clear to me then that cities were pursuing me as eagerly as I was pursuing new clients for my own business. And, if you look closer, this makes a lot of sense.There is an obvious and massive benefit to having well paid technology workers contributing to the local economy. In just over five years, we’ve gone from three to more than 500 employees and are on track to grow to 700 employees this year. These are young, smart, well adjusted people with good jobs who are contributing to the local economy in a big way. Ignoring the obvious taxes that the company pays, the ripple effect of having multiple tech startups fuelling the local economy is a taxman’s wet dream.

via Ryan’s post: Keeping Entrepreneurs Local — Medium.

Tech jobs and tech companies can help to improve a local economy. There’s obviously a lot of municipalities trying to get in on the action.

Again, my advice to Vernon is to stay focused on where we can be strongest, and appeal to bootstrappers and remote workers.

Photo credit: Rob Thompson


The future of Vernon careers is in technology

Kevin Poole, Vernon’s Director of Economic Development, had a great feature article in the pull-out section of the Vernon Morning Star. Here’s an excerpt:

While it’s long been thought that Vernon’s economy will only prosper if large manufacturers set up shop here, economic development manager Kevin Poole is counting on grassroot, technological start-ups

Kevin goes on to say that “technology is a better fit for [Vernon] in the long run”. Here’s a link to another Morning Star story on tech careers in the area.


TED Conference Moving To Vancouver, Whistler In 2014

This is huge news for the BC and Canadian tech scenes:

The influential TED Conference is coming to Vancouver starting in 2014, conference organizers and the City of Vancouver announced on Monday morning.

via TED Conference Moving To Vancouver, Whistler In 2014.