Growthworks

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GrowthWorks Capital Ltd
Private
Genre Venture capital
Headquarters Canada
AUM C$170 million
Website www.growthworks.ca

GrowthWorks Capital Ltd is a Canadian venture capital firm investing in early stage technology companies. GrowthWorks has $170 million of assets under management across three funds: Working Opportunity Fund Venture Series, Working Opportunity Fund Commercialization Series and the Atlantic Venture Fund. Founded in 1992, the Working Opportunity Fund has invested $600 million in 130 BC technology companies.

The GrowthWorks management team has won the CVCA Deal of the Year award 3 times (Layer 7 - 2013,[1] Galleon Energy – 2007,[2] HotHaus Technologies - 2000). The reinstatement of the 15% federal Labour Sponsored Venture Capital tax credit in Budget 2016 (plus the existing Provincial tax credits), will be beneficial to GrowthWorks.[3] In 2013 it was reported that the fund had liquidity problems.[4]

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