Nova Scotia to create new market-driven venture capital fund
The Government of Nova Scotia plans to launch a new venture capital fund to augment existing initiatives in the local market. A request for proposals will be issued in the fall to find ideas for creating private and public partnerships to improve access to venture capital for investment in high-growth companies. The government also flagged changes to existing programs, including a more streamlined approach to Innovacorp's early-stage venture capital activity and strengthened business acceleration. The Government of Newfoundland and Labrador earlier in 2014 announced its intention to establish a new provincial venture capital fund.
18 July 2014•4 mins read
