Establishing an Effective Investment Ecosystem in Vancouver’s Cleantech Cluster

Overview

British Columbia's hydrogen fuel cell companies and cleantech innovation hubs haven't translated into a strong angel investment or venture capital ecosystem, leaving startups vulnerable to the "valley of death" before they generate revenue. Comparing Vancouver's policy tools to those of Silicon Valley, Cambridge, Singapore, and Tel Aviv, we find that adding tax incentives and co-investment programs could strengthen the investment ecosystem and help keep hydrogen fuel cell talent from leaving for other markets.