Seeding Canada's VC innovation ecosystem
McRock Capital believes access to funding through the Venture Capital Action Plan (VCAP) played a major role in its recent success as a Canadian venture capital firm. In light of this, the firm decided to conduct an in-depth analysis of VCAP's broader impact. Using its “Canadian Venture Capital Innovation Tree”, McRock shows how VCAP influenced the Canadian VC industry as a whole and how all of its beneficiaries interact together as one functional ecosystem. McRock believes this is a key measure of VCAP's benefits to Canada's innovation system and economy, which far outweigh the program's costs.
6 min read · 08 March 2017
