GrowthWorks Capital Ltd is a Canadian
venture capital
Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which ha ...
firm investing in
early-stage technology companies. Founded in 1992, the Working Opportunity Fund has invested $600 million in 130 BC technology companies.
The GrowthWorks management team has won the CVCA Deal of the Year award 3 times (Layer 7 – 2013, Galleon Energy – 2007, HotHaus Technologies – 2000). The reinstatement of the 15% federal Labour Sponsored Venture Capital tax credit in Budget 2016 (plus the existing Provincial tax credits), will be beneficial to GrowthWorks. In 2013, it was reported that the fund had liquidity problems.
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Venture capital firms of Canada
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