Feds to reveal breakdown of $750-million VC funding envelope, open Growth VCCI applications

The Government of Canada will share how it plans to deploy its previously announced “early growth-stage” funding envelope today, alongside a call for expressions of interest in the latest version of its longstanding fund-of-funds program. The breakdown of the former had been eagerly awaited by Canada’s venture capital (VC) sector, with leading investor advocacy organizations having presented competing visions for how the funds should be distributed in recent months.