Fonds de solidarité FTQ to invest $1 bln in innovation, VC
The Fonds de solidarité FTQ said it will invest $1 billion in innovation and venture capital market activities over the next five years. The announcement was made at last week's Invest Canada '17 conference in Montréal, which was jointly sponsored by the Canadian Venture Capital and Private Equity Association and Réseau Capital. The Fonds participates in the domestic venture capital market via direct investments and commitments to specialized funds. It also backs a variety of ecosystem development programs. Based in Montréal, the Fonds oversees $12.2 billion in net assets.
13 June 2017•2 mins read
