Venture Capital Catalyst Initiative
No fixed amount
Investment
Description:
Venture Capital Catalyst Initiative is helping to increase the availability of capital for Canada’s high-potential innovative firms, including those in the life sciences sector and for entrepreneurs from underrepresented groups, such as women and racialized communities. Please note that VCCI does not make direct investments into companies. Under Budget 2021, VCCI is investing up to $450 million through three streams:
1. Funds-of-funds stream investing up to $350 million in funds-of-funds;
2. 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,
3. Inclusive growth stream investing up to $50 million in VC funds to support increased access to VC for underrepresented groups, such as women and racialized communities.
Comments on Funding:
Applications are closed. Stay tuned for future intake announcements.
Eligibility:
Further details on the application process and requirements can be found in the Departmental Appointment Opportunities. All applicants are screened to ensure that there are no conflicts of interest.
For more information on the selection committee members, please consult the VCCI Selection Committee page.
Application Steps:
Further details on the application process and requirements can be found in the Departmental Appointment Opportunities. All applicants are screened to ensure that there are no conflicts of interest.
For more information on the selection committee members, please consult the VCCI Selection Committee page.
Documentation Needed:
Other Things to Note:
About the author
Maurice
