Ontario Venture Capital Fund

“Ontario. Ontario Capital Growth Corporation”

SVG
SVG

The funder does not disclose this information

Maximum Eligible Amount

Government Grant

Fund Type

The $205 million Ontario Venture Capital Fund (OVCF) is a joint initiative between the Government of Ontario and leading institutional investors to invest primarily in Ontario-based and Ontario-focused venture capital and growth equity funds that support innovative, high growth companies. Ontario has committed $90 million to the Fund, with the balance coming from partner institutions. OVCF is structured as a fund of funds with the primary objective of generating attractive returns for its investors. The OVCF is managed by Northleaf Capital.

  • The OVCF has been designed to foster innovation and investment in Ontario by enhancing long-term investment returns and contributing to the creation of a globally competitive and self-sustaining venture capital industry.
  • While the OVCF is intended to produce attractive returns, it is expected to have a considerable impact on creating a virtuous cycle that will drive incremental investment in world-class Ontario-based technology and innovation in the long-term.



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