Labour-sponsored Venture Capital Corporation Funds (LSVCC): Pool Funds
A pool fund LSVCC is an investment corporation that can issue shares to Saskatchewan residents. The funds are open to any Saskatchewan resident wanting to invest in a broad base of Saskatchewan sectors and businesses. In turn, Saskatchewan businesses can apply to access this venture capital to assist with startup or expansion.
Offered by Ministry of Trade and Export Development
Amount
No fixed amount
Quick eligibility check
Who can apply
Businesses
Businesses interested in receiving pool fund investments must be corporations or co‑operatives, have 500 or fewer employees, and pay at least 25 per cent of salaries and wages to Saskatchewan residents.
About the funding
In turn, Saskatchewan businesses can apply to access this venture capital to assist with startup or expansion.
Pool funds available for investment include the Golden Opportunities Fund Inc. and SaskWorks Venture Fund Inc.
Through the pool fund LSVCC, your investments provide capital to eligible Saskatchewan businesses that create and maintain jobs, encourage long-term investment in local communities, and diversify the economy.
Similar programs
| Program | Type | Amount | Status |
|---|---|---|---|
| BDC Industrial Innovation Venture Fund | Investment | No fixed amount | Open |
| BDC Growth & Transition Capital: Transfer a business | Loan, Investment | Financing from $250,000 to $35M, repayable over a period of 2 to 8 years, with capital payments postponable for the first 12 months | Open |
| BDC Growth Equity Partners | Investment | Equity investments from $3M to $45M, acquiring ownership stakes up to 49%, for growth capital or an ownership transition | Open |
| BDC Growth Venture Fund | Investment | No fixed amount | Open |
