CBC’s newest Dragon presents keynote at Island Economic Summit

State of the Island Economic Summit scheduled for Oct. 26 and 27 at the Vancouver Island Conference Centre in Nanaimo

Nicole Verkindt will be one of the speakers at the State of the Island Economic Summit Oct. 26 and 27 in Nanaimo.

Nicole Verkindt will be one of the speakers at the State of the Island Economic Summit Oct. 26 and 27 in Nanaimo.

Nicole Verkindt, CBC’s newest Dragon on the tech-focused web series NextGen Den, will speak about the importance of disruptive thinking, innovation and technology at the State of the Island Economic Summit Dinner this fall in Nanaimo.

The founder of OMX (Offset Market Exchange) and Round Up commentator on CBC’s The Exchange, Verkindt believes in the role of entrepreneurs to grow the economy and help solve global issues. She sees investment in technology as a driver for growth and leveraging technology as a defining competitive advantage.

Verkindt’s company, OMX, has changed the way industries do business when it comes to government contract work. Companies winning defence and security contracts with the federal government are required under Industrial and Regional Benefits Policy to undertake business activities in Canada at the same value of those contracts.

OMX’s online platform for accessing procurement opportunities in the domestic and international defence, aerospace, oil and gas, mining and construction industries facilitates access to partnerships, removing time and financial investment barriers. This has been a game changer, particularly for small business.

In the last 10 years the world has seen major disruption in a variety of industries largely due to entrepreneurial innovation and the use of technology.

As Tom Goodwin of Havas Media wrote in TechCrunch last year, “Uber, the world’s largest taxi company, owns no vehicles. Facebook, the world’s most popular media owner, creates no content. Alibaba, the most world’s most valuable retailer, has no inventory. And Airbnb, the world’s largest accommodation provider, owns no real estate. Something interesting is happening.”

Driven by rapid technological, economic and social change, disruptive innovation is a powerful economic force that is at once destructive and creative – whole industries and business models can be overturned in a short period of time.

In addition to Verkindt’s keynote address, a panel of experts will be exploring the disruptive economy in depth at one of the 16 informative summit sessions. Fez Rismani, founder of Daily Delivery: a service that disrupts a current system; Walt Judas, CEO of the Tourism Industry of B.C.: an industry that is being greatly affected by disruptive innovation; and Barbara Gray, financial analyst at Bradycap: a research firm that explores trends and effects of the disruptive economy – will take a deeper look at how this shift is affecting the Vancouver Island economy at the State of the Island Summit.

“The key, as we move forward, is resiliency and diversity,” says George Hanson, president of the Vancouver Island Economic Alliance. “The market and our buying habits and the entire way we do business is changing tremendously fast. I think there’s reason to be excited as long as we can be responsive to change.”

The disruptive economy is just one of many critical topics presented at the State of the Island Economic Summit scheduled for Oct. 26 and 27 at the Vancouver Island Conference Centre in Nanaimo. Tickets available online at viea.ca.

 

Just Posted

Greater father involvement in the home leads to improved childhood development and increased marital satisfaction, says expert. (Black Press Media file photo)
University of Victoria researcher finds lack of father involvement a drag on gender equality

Working women still taking on most child and household duties in Canada

New COVID-19 cases on Vancouver Island by local health area for the week of June 6-12. (B.C. Centre for Disease Control image)
New COVID-19 cases up on Island, but health officials say trends going right way

There were 22 new COVID-19 cases in Greater Victoria last week after just four the week before

Eric White’s roadside farm stand in Metchosin sits stocked with produce. (Photo courtesy of Eric White)
Fledgling Metchosin farmer frustrated by thefts from stand

Eric White said every dollar made at the roadside helps sustain his farm

Saanich police took a suspect into custody after a store employee on Cedar Hill Cross Road was assaulted Wednesday afternoon. (Black Press Media file photo)
Employee assaulted at Saanich store after asking suspected shoplifters to leave

June 16 incident saw worker taken to hospital with non-life-threatening injuries

With local high schoolers unable to have a traditional graduation ceremony due to COVID-19 restrictions, Amica Douglas House celebrated the momentous occasion of eight of their dining room servers. (Courtesy Amica Douglas House)
8 Greater Victoria teens don fancy dresses, celebrate grad with seniors

With celebrations nixed, Amica Douglas House hosts event for its serving staff

People line up to get their COVID-19 vaccine at a vaccination centre, Thursday, June 10, 2021 in Montreal. THE CANADIAN PRESS/Ryan Remiorz
Vaccines, low COVID case counts increase Father’s Day hope, but risk is still there

Expert says people will have to do their own risk calculus before popping in on Papa

(Black Press Media file photo)
POLL: When was the last time you visited the mainland?

The films are again lighting the screens at local theatres, the wine… Continue reading

Anyone with information on any of these individuals is asked to call 1-800-222-TIPS (8477) or visit the website victoriacrimestoppers.ca for more information.
Greater Victoria Crime Stoppers wanted list for the week of June 15

Greater Victoria Crime Stoppers is seeking the public’s help in locating the… Continue reading

FILE – A science class at L.A. Matheson Secondary in Surrey, B.C. on March 12, 2021. (Lauren Collins/Surrey Now Leader)
Teachers’ union wants more COVID transmission data as B.C. prepares for back-to-school

BCTF says that details will be important as province works on plan for September

Provincial health officer Dr. Bonnie Henry outlines B.C.’s COVID-19 restart plan, May 25, 2021, including larger gatherings and a possible easing of mandatory masks on July 1. (B.C. government photo)
B.C. records 120 new COVID-19 cases, second vaccines accelerating

Lower Pfizer deliveries for early July, Moderna shipments up

A Heffley Creek peacock caught not one - but two - lifts on a logging truck this month. (Photo submitted)
Heffley Creek-area peacock hops logging trucks in search of love

Peacock hitched two lifts in the past month

The Calgary skyline is seen on Friday, Sept. 15, 2017. THE CANADIAN PRESS/Jeff McIntosh
2 deaths from COVID-19 Delta variant in Alberta, 1 patient was fully immunized

Kerry Williamson with Alberta Health Services says the patients likely acquired the virus in the hospital

The first suspension bridge is the tallest in Canada, with a second suspension bridge just below it. The two are connected by a trail that’s just over 1 km. (Claire Palmer photo)
PHOTOS: The highest suspension bridges in Canada just opened in B.C.

The Skybridge in Golden allows visitors to take in views standing at 130 and 80 metres

B.C. Premier John Horgan leaves his office for a news conference in the legislature rose garden, June 3, 2020. (B.C. government photo)
B.C. premier roasted for office budget, taxing COVID-19 benefits

Youth addiction law that triggered election hasn’t appeared

Most Read