Value
Varies.Description
Venture capital (VC) is a specialized type of equity financing that takes educated risks on great ideas and talented people by investing capital in young, high growth-potential companies to give them the opportunity to develop their ideas into marketable products.
Eligible Applicants
Canadian entrepreneurs.
Eligible Expenses
- Funds-of-funds stream investing up to $350 million in funds-of-funds;
Deadline: Closed. - Life sciences stream investing up to $50 million in VC funds primarily focused on investing in high-growth potential technology companies Canada’s life sciences sector; and,
Deadline: Closed. - Inclusive growth stream investing up to $50 million to support increased access to VC for underrepresented groups, such as women and racialized communities.
Deadline: First Round – Closed; Second Round – September 20, 2023.
Deadline Date
Extended until September 20, 2023.Contact
Contact Name: VCCI Secretariat
E-mail Address: capital@ised-isde.gc.ca
Website: https://www.ic.gc.ca/eic/site/061.nsf/eng/h_03052.html