Alberta Enterprise Corporation
Bringing Technology to Market
The Alberta Enterprise Corporation will invest as a limited partner in venture funds targeting investments in individual companies in priority, underserved sectors, including life sciences, ICT, environmental technologies and nanotechnology. By distributing investments across a number of funds that focus on areas of technology expertise, risks are reduced through diversification. This approach leverages private investment expertise to ensure that industry drives the development of the venture capital markets.
Value
Equipped with $100 million from the Government of Alberta, the Alberta Enterprise Corporation will invest in several different investment funds, becoming one of a number of investors (limited liability partners) in the fund. It is expected that the Alberta Enterprise Corporation share in any given fund will not exceed 33%. The investment funds, under the management of experienced General Partners, will be required to:
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have a local presence,
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target investment in priority, underserved sectors (i.e. ICT, Life Sciences, environmental technologies and nanotechnology), and
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make investments in individual companies.
Additional Information
