The Ontario Capital Growth Corporation (OCGC) was established by the Ontario Capital Growth Corporation Act, 2008 and was launched on February 27, 2009. The principal business of the OCGC is to manage the limited partner interests of the Government of Ontario in the Ontario Venture Capital Fund LP (OVCF) and the Northleaf Venture Catalyst Fund LP (NVCF), and to manage and operate the Ontario Emerging Technologies Fund (OETF).

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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Ontario Capital Growth Corporation Seeks Fund Managers

February 10, 2017

To support the creation of Ontario's Cleantech Equity Fund, the Ontario Capital Growth Corporation issued a call for expression of interest to find fund managers.

Northleaf Venture Catalyst Fund reaches $300 million hard cap

August 12, 2015

Northleaf Capital Partners (“Northleaf”) is pleased to announce that Northleaf Venture Catalyst Fund (“NVCF” or the “Fund”) recently held its final closing achieving its maximum fund size of $300 million. The Fund's final closing included new commitments from Sun Life Financial and a number of high net worth and family office investors, as well as additional commitments from existing NVCF investors.

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