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]
Further reading
External links
References
- BDC Venture Capital & GrowthWorks – Winners of CVCA’s 2014 VC ‘Deal of the Year’ Award news.cvca.ca, 2014-05-21, retrieved 2024-07-12^
- Wellington Fund. This is Roger Martin, reporting from Mars^
- CVCA Budget 2016 Statement.^
- David Baines. GrowthWorks-managed fund struggles with liquidity problems Vancouver Sun, 2013-06-05^