The Ontario Emerging Technologies Fund (OETF or the Fund) is a direct investment fund established by the Province of Ontario in 2009. The Government has announced that the OETF will be a $250 million fund to co-invest alongside Qualified Investors into innovative, high-growth, private, Ontario companies.
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. Ontario has committed $90 million to the Fund, with the balance coming from partner institutions. OVCF is structured as a fund of funds with the primary objective of generating attractive returns for its investors. The OVCF is managed by Northleaf Capital.