Venture Capital Catalyst Initiative – Call for Expressions of Interest 2022

Announced in Budget 2021 by the Government of Canada, the renewed Venture Capital Catalyst Initiative (VCCI) is making available up to $450 million through three new streams. These investments will build on the momentum of the Government’s previous venture capital (VC) programs, notably the Venture Capital Action Plan (Budget 2013) and the original VCCI (Budget 2017), to increase the availability of capital for Canada’s most promising firms, including targeted support for those in the life sciences sector and for entrepreneurs from traditionally underrepresented groups. This will be accomplished through the introduction of three new streams under the VCCI allocating up to: