Briefing

CVCA asks Ottawa for $350 million to top up venture capital funds

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The Canadian Venture Capital & Private Equity Association is seeking new federal money for the funds-of-funds that manage investments for startups through the Venture Capital Catalyst Initiative (VCCI). The CVCA anticipates it will become harder for funds to raise money, and that they’ll need more public support to help startups close deals. (The Globe and Mail)

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