The seeds for a local network were planted in mid'98 when tech industry advocates Mike Volker (SFU Industry Liaison and active angel investor) and the late Al Fowler (UBC Industry Liaison) thought it would be useful to have such a resource for University startups. They decided to broaden its scope by having the Vancouver Enterprise Forum act as the initial sponsoring organization.
Steve Hnatiuk, Richard McMahon, Ullrich Schade, and Mike - all VEF Board members - then got the concept launched. The first meeting was held in April, 1999. In late 2002, Joyce Groote and Rick Walter expanded the network by adding some Life Sciences Angels and companies. In 2006, Thealzel Lee took over for Joyce and Rick on the Life Sciences portfolio. In March, 2009 Elmer Sum, Masha Tkatchouk and Carla Culos launched the Vancouver Greentech Exchange.