Capital for High-growth Businesses, Financial Services, Manitoba Competitiveness, Training and Trade

Capital for High-growth Businesses

Labour Sponsored Venture Capital Corporation Program

Under the Labour Sponsored Venture Capital Corporation Program the government provides tax incentives to assist Manitoba based businesses to expand. Labour Sponsored Investment Funds are for profit, privately managed publicly listed venture capital. The tax incentives are provided to the retail investors who purchase the shares of the Funds. The Funds provide private equity and debt financings to small and medium sized companies. The financings can be highly flexible and pricing is commensurate with risk. Financings typically are in the range of $500,000 to $5.0 million.

Manitoba's registered Labour Sponsored Venture Capital Corporation is: Ensis Growth Fund Inc.

Private Placement Capital Funds

Under the Private Placement Capital Funds the government and its partners provide equity financings to assist Manitoba based businesses to grow. Private Placement Capital Funds are for profit, privately managed private partnerships of institutional investors. The Funds provide private equity and debt financings to small and medium sized companies. The financings can be highly flexible and pricing is commensurate with risk. Financings typically are in the range of $250,000 to $3.0 million.

Manitoba has three Private Placement Capital Funds; Renaissance Capital Manitoba Ventures Fund LP, and Western Life Sciences Venture Fund LP and the Centrestone Fund LP. To find out more, contact the Pools directly.

Renaissance Capital Manitoba Ventures Fund Suite 400 - 85 Lombard Dr. Winnipeg, MB R3B 3P1 Phone: (204) 925-2250	Western Life Sciences Venture Fund 12-75 Scurfield Blvd. Winnipeg, MB R3Y 1G4 Phone: (204) 943-0066 Fax: (204) 943-7646
Centerstone Fund 7 - 1250 Waverly Street, Winnipeg, MB R3T 6C6 Phone: (204) 453-1230 Fax :(204) 453-1293 Email: info@CentreStoneVentures.com

C.T.T.. Links: