Ontario government earmarks $60 mln for venture capital funds
Ontario Capital Growth Corp (OCGC), an agency of the Ontario government, said it plans to commit $60 million to venture capital funds investing in sectors of interest to the provincial economy. OCGC, launched in 2009, will commit the capital alongside institutional, corporate and other investors in specialty funds focused on opportunities in clean technology, information technology, and life sciences. Led by President and CEO Steve Romanyshyn, OCGC reports its market activity has helped leverage more than $300 million invested in technology companies.
16 January 2018•2 mins read
