OCGC, the venture capital agency of the government of Ontario, was created to promote and develop the venture capital sector in Ontario, so that more high-potential technology companies have access to the capital needed to grow and prosper. OCGC investment activities have resulted in over $300 million invested in high potential technology companies, including globally recognized Shopify and ecobee.

Ontario Emerging Technologies Fund

The Ontario Emerging Technologies Fund is a $250 million co-investment fund which has been established by the Province of Ontario to respond to the challenges that Ontario-based companies in the following sectors are facing in raising venture capital and other capital:

  • clean technology
  • life sciences and advanced health technologies
  • digital media and information and communications technology
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Ontario Venture Capital Fund

The $205 million Ontario Venture Capital Fund (OVCF) is a joint initiative between the Government of Ontario and leading institutional investors to invest primarily in Ontario-based and Ontario-focused venture capital and growth equity funds that support innovative, high growth companies.

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Northleaf Venture Catalyst Fund

The $300 million Northleaf Venture Catalyst Fund (NVCF) is a joint initiative between the Government of Ontario, Government of Canada, and institutional and corporate investors to invest in high-potential venture capital fund managers across Canada. NVCF is structured as a fund-of-funds which is market based and returns focused, with the aim of supporting the most promising opportunities in Canada.

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Micro Focus Completes Acquisition of Interset Software Inc.

February 22, 2019

Ottawa-based Interset Software Inc., a developer and provider of cyber-threat protection software, has been acquired by UK-based Micro Focus. The Ontario Emerging Technologies Fund first invested in Interset (then GridIron Software Inc.) in 2011 alongside Propulsion Ventures and other investors.

Venture Capital Fund Managers to Help Cleantech Businesses Succeed

May 1, 2018

Ontario has selected two venture capital fund managers through the Ontario Capital Growth Corporation (OCGC) to help cleantech companies get the capital they need to grow their business and create jobs in the province.

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