Through the Venture Capital Catalyst Initiative (VCCI 2017 and VCCI 2021) and the Venture Capital Action Plan (VCAP), the Government of Canada co-invests with private sector investors in funds-of-funds and venture capital (VC) funds to support the growth of a vibrant and sustainable Canadian VC industry, and to foster access to VC for innovative Canadian companies.
Recipient fund managers raise additional private sector capital and make investments in VC funds (funds-of-funds stream) and innovative Canadian firms (all streams).
Recipients under the Venture Capital Catalyst Initiative 2021
Recipients under the VCCI 2021 funds-of-funds stream
Recipients under the VCCI 2021 life sciences stream
Recipients under the VCCI 2021 inclusive growth stream (first intake)
Recipients under the VCCI 2021 inclusive growth stream (second intake)
Recipients under the Venture Capital Catalyst Initiative 2017
Recipients under the VCCI 2017 funds-of-funds stream
Recipients under the VCCI 2017 emerging and diverse fund managers, underserved regions, and alternative fund structures stream
Recipients under the VCCI 2017 clean technology stream
Recipients under the Venture Capital Action Plan
Recipients under the VCAP funds-of-funds stream
Recipients under the VCAP high-performing funds stream
Investments are managed by the Business Development Bank of Canada (BDC) on behalf of the Government of Canada.
Recipients are responsible for making their own decisions with respect to investments in VC funds and companies, without involvement from the Government of Canada.