Growthworks

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GrowthWorks Capital Ltd
Private
GenreVenture capital
Headquarters
Canada
AUMC$170 million
Websitewww.growthworks.ca

GrowthWorks Capital Ltd is a Canadian venture capital firm investing in early stage technology companies. 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]

References[edit]

  1. ^ CVCA News http://news.cvca.ca/bdc-venture-capital-growthworks-winners-cvcas-2014-vc-deal-year-award/2014/05/21/
  2. ^ Wellington Fund http://www.wellingtonfund.com/blog/2008/11/25/this-is-roger-martin-reporting-from-mars/#axzz4FjMxWWO2
  3. ^ CVCA http://www.cvca.ca/wp-content/uploads/2016/02/CVCA-Budget-2016-Statement.pdf
  4. ^ Baines, David (2013-06-05). "GrowthWorks-managed fund struggles with liquidity problems". Vancouver Sun.

Further reading[edit]

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