BDC, CVCA infographic points to VC's impact on Canadian startups
An infographic created by the Business Development Bank of Canada (BDC) and Canada's Venture Capital & Private Equity Association (CVCA) highlights data attesting to the positive impact of venture investment in Canadian innovative companies. Some of the data come from a 2013 report, published by the CVCA in partnership with Industry Canada and Statistics Canada, providing new evidence of the economic benefits of market activity. Speaking about Canadian venture deal-making trends in 2013, BDC executive vice-president Jérôme Nycz said results show "the fruits of an ecosystem coming together." BDC also pointed to recent trends that have been influenced by BDC Venture Capital's fund-of-funds activity, direct investments made by its specialty IT, energy/cleantech and healthcare funds, and its role in facilitating the implementation of Ottawa's Venture Capital Action Plan.
