Venture capital plays an important role in promoting a more innovative economy by providing the investment and resources needed to support high-potential small and medium-sized businesses and help them grow into globally competitive firms that drive job creation, innovation and economic growth.
In support of a strong and sustainable Canadian venture capital industry, the Government of Canada announced in January 2013 the Venture Capital Action Plan, a comprehensive strategy for deploying $400 million in new capital over the next 7 to 10 years. This will allow entrepreneurs and young firms to develop their innovative ideas into strong business plans and access new markets and customers. Canadians and businesses throughout Canada stand to benefit from this initiative.
Visit the Venture Capital Action Plan initiative page or the Venture Capital Action Plan website for more information.