KEY PERFORMANCE INDICATORS

BIC Impact Areas

Measured Outcome

Target:

8

4

2016 - 2019 

2016 - 2020

Human Capital

Jobs

Jobs created and retained

680

Technology Impacts

Highly qualified personnel who enhanced their knowledge

67

R&D projects initiated with Colleges and Universities

Intellectual property created (patents, licences)

$11 million

620

60

$20 million

76

10

Investment Impacts

Technologies commercialized 

14

7

Inquiries for investment funding

Companies progressing through due dilligene

57

200

46

40

Communications
and Brand

Investment deals completed

18

15

Websites visits per month

1,000

300

Internal and third party reporting on BIC activities

180

300

10

External conferences and events organized

Financial

Investment

Dollars directly invested in BIC projects

$6.6 million

$11 million

Dollars leveraged from 3rd parties alongside BIC investments

$142 million

$135 million

Investment Leverage

Sales Revenue

Revenue generated from BIC activities

$6 million

$34 million

Funding

Government funding obtained through BIC activities

$45 million

$35 million

Sustainability Impacts

GHG Emissions

Use of sustainability tools

GHG reductions

0.7 Mt C02e

3 Mt C02e

Companies supported with sustainability assessments

22

Cluster Building

Small and Medium Enterprises

Companies started

4

20

Companies joining the Sarnia-Lambton Cluster 

4

5

Number of clusters supported

2

2

Companies receiving commercialization services and funding

59

150

Cellulosic Sugar Supply Chain

Successful commercialization of the supply chain

In place

Results:

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Bioindustrial Innovation Canada
1086 Modeland Road, Sarnia, ONT, Canada, N7S 6L2

Email: [email protected] 

Tel: 1.226.778.0020