Growthworks
Canadian venture capital firm
From Wikipedia, the free encyclopedia
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.[citation needed]
| Company type | Private |
|---|---|
| Genre | Venture capital |
| Founded | 1992 |
| Headquarters | Canada |
| AUM | C$170 million |
| Website | www |
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]