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Venture Capital Catalyst Initiative




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 Name: VCCI Secretariat

E-mail Address:


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