Measuring Economic Impact
PARTICIPATE IN THE 2023 TECH SECTOR STUDY
Accelerate Okanagan and KPMG are conducting a new Economic Impact Study for the Okanagan Tech Sector. The Study will be based on 2023 and measure key economic outputs of the sector, such as jobs, revenue, and investment, while also uncovering deeper challenges and opportunities faced by businesses in the Okanagan region.
The study is open now until June 30, 2024.
Accelerate Okanagan
Supporting With Strong Data
BENEFITS OF THE STUDY
Benchmarking and Performance: It provides a benchmark to measure the tech sector’s performance over time, helping track progress and impact.
Understanding Contribution: It helps quantify the tech sector’s economic contribution to the local economy like GDP, jobs, and revenue.
Informed Policy Making: Policy and decision-makers can use the data to make informed choices on regulations, tax incentives, and other sector supports.
Attracting Talent & Investment: It helps attract investors by showcasing the sector’s potential for growth and profitability, providing data-driven insights.
Storytelling and Marketing: It promotes unified storytelling and acts as a promotional tool to highlight the strengths and opportunities.
Strategic Planning & Resource Allocation: Leaders can use the study to develop strategic plans for growth, identifying key areas for investment and improvement.
Accelerate Okanagan
Participating In the Study
WHAT YOU NEED TO KNOW
Tech companies located in the Okanagan Similkameen, the Central Okanagan, the North Okanagan, into the Columbia-Shuswap are asked to participate (see areas highlighted in red). The survey takes approximately 20 minutes to complete. Data will be de-identified and only shared publicly in aggregate form.
Before getting started, you should gather:
- 2022 and 2023 Calendar Year Total Revenues
- 2022 and 2023 Calendar Year Total Expenses (capital and operational)
- 2022 and 2023 Calendar Year Total Employee Count and Demographics
- Capital Raised (if applicable)
The information for this article was sourced from Accelerate Okanagan.