BCBusiness

October 2015 Entrepreneur of the Year

With a mission to inform, empower, celebrate and advocate for British Columbia's current and aspiring business leaders, BCBusiness go behind the headlines and bring readers face to face with the key issues and people driving business in B.C.

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hen Jim Wyse launched Bur- rowing Owl Vineyards, he had no experi- ence in wine making but had found some cheap vineyard land south of Oliver. Following the 1988 free trade agreement with the U.S., Can- ada paid vineyard owners to pull out their grapes, expect- ing them to replant with more commercially competi- tive varities. Most took the money and abandoned the properties, which sold for as little as $2,000 an acre. In 1993, Wyse paid double that for 100 acres, followed by 120 acres a year later. "I'm a business person, and this was a business," he says. "We didn't treat it as a romance. Even though my wife and I have always enjoyed wine and have travelled in wine countries in Europe and so on, this had to work ¡nancially." With a background in engineering and development, "I could add, subtract and I do lovely spreadsheets. I was very com- fortable with the numbers that I was getting from my two vineyard managers and what it was going to cost us to plant and acquire the French varieties that we wanted." Initially just selling grapes to wineries, by 1998 Wyse decided to open a winery, not originally part of the plan. "We knew it was very capital intensive," says Wyse, "so the biggest risk was probably that one, because we knew exactly what we would get paid for growing Chardonnay and Cabernet and Merlot and so on, but we didn't know that we'd be able to produce a good wine. And better still, would we be able to sell it for a price that would return our investment?" Burrowing Owl now produces 50,000 cases of wine a year and won a 96-point double gold medal for its 2012 Merlot in the 2015 San Francisco International Wine Competi- tion and Canada's only gold at the 2015 Syrah du Monde. There is now a restaurant and a 10-bedroom guest- house, rated 10th on Condé Nast Traveler's Best Hotels in Canada: Reader's Choice Awards 2014. The vineyard's name was inspired by a sign about reintro- ducing burrowing owls to the region. "We did not know what a burrowing owl looked like," says Wyse. "We just named the property so it would be a little more fun than having a numbered com- pany." Now Burrow- ing Owl is committed to preserving the natural environment, and the Wyses are active in the Burrowing Owl Conservation Society of BC. "When we had the successful winery running, we were quite happy to give something back to the birds who have given us a name," says Wyse. —Felicity Stone E O Y H o s p i t a l i t y + T o u r i s m W I N N E R J A M E S W Y S E [ F OUNDER, BURROWING OWL VINEYARDS LTD. ] "Jim's vision to create internationally acclaimed European-style wine is appreciated, but even more so with his com- mitment to ensuring the unique ecosystem remains well and alive (to do no harm) through pest control systems, bat nurseries, to name a few examples" 40 BCBusiness OCTOBER 2015 W PAUL EBy (LEFT) winner 2015 T H E J U D G E S S A Y

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