The GEM B.C. Report finds generally favorable results on the state of B.C. entrepreneurship in 2021. Evidence from GEM data and government data sources suggests that the B.C. economy made a strong recovery from the effects of the coronavirus pandemic. Over half of B.C. adults agreed they have the skills and experience to start their own business. While GEM data shows that British Columbians appear much more optimistic about starting a business in 2021 compared to 2020, over half of B.C. adults seeing good opportunities would be deterred by fear of failure. Entrepreneurs outside Vancouver are less deterred by the fear of failure but perceive fewer opportunities compared to Vancouver entrepreneurs.