Kelowna City has transformed to become a high tech business hub. The technology sector has changed the prosperity of the larger Okanagan area, specifically in Kelowna. The city has been famous for wine production and summer fun before, but today, it is home for over 500 tech companies that generate billions in revenue annually.
Thanks to prominent companies like KF Aerospace and more, one can get cheap flights from Kelowna to other cities and back. The city is attracting outside attention with the acquisition of new companies with new projects that are injecting millions of dollars into the community. The new investors account for almost all the net new job creation in Kelowna. Right now the city is buzzing with career opportunities in tech and made mobility and advancement to become a real possibility.
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Here’s how tech has changed Kelowna:
Sector Creep – The tech industry has not only enabled information and communication; there have emerged startups that are innovating the fields of agriculture, life science, green technology, entertainment, and advanced manufacturing. With a mild climate, natural environment and a variety of luxury homes springing up, Kelowna is becoming the most attractive region to live and work.
Educational Institutions:Its diversity has grown, with many institutions such as the Okanagan College, University of British Columbia, Okanagan Center for Innovation and Kelowna General Hospital are the region’s greatest economic strength. The five key employment sectors include technology, construction, trade, health care, and professional services.
Health Care – Kelowna General Hospital and the Southern Medical Clinical Academic Campus from UBC are leading in providing health care in Kelowna. Driven by Kelowna General Hospital and UBC’s Southern Medical Clinical Academic Campus, Health Care is a major and in demand sector in the Central Okanagan economy. In 2017, Health Care accounted for 26% of all job vacancies in the Central Okanagan.
Manufacturing– Leading private employers such as KF Aerospace and the world’s largest fiberglass waterslide manufacturer, Whitewater West have diversified and represented Kelowna’s manufacturing sector well. Various major aviation companies have turned the region into a growing cluster enabling cheap flights from Ottawa to Halifax. Others serve the global defense markets as well as other sectors.
Technology – Kelowna has grown to become number three among the largest and fastest growing tech hubs in British Columbia. The technology industry is led by industry leaders like QHR Technologies and Disney Interactive, as well as numerous innovative startups that have accelerated technology.
Agriculture – The economy and history of Kelowna have fundamentally depended on agriculture. The agricultural industry in the region is diverse and technologically advanced. Products from the region such as cherries are sold to international markets, and both consumers and growers benefit from the sector.
Tourism – The Okanagan is one of the destinations that attract both local and international visitors. They come to the region’s mountains, lakes, orchards, vineyards and valleys every year, generating jobs and revenue to Kelowna.
Kelowna has access to the best agri-tourism, eco-tourism, startup support, and smart innovation. This is a perfect blend of business and pleasure, making it a vibrant tech hub that attracts more business.