A labour-sponsored venture capital corporation (LSVCC), known alternately as labour-sponsored investment fund (LSIF) or simply retail venture capital (RVC), is a fund managed by investment professionals and invested in small to mid-sized Canadian companies. The Canadian federal government and some provincial governments offer tax credits to LSVCC investors to promote the growth of such companies.
Read more about Labour-sponsored Venture Capital Corporation: History, Companies Invested In, Tax Credits, Realizing Gains On LSVCC Investments, Common Characteristics, Criticism, Major LSVCC Venture Capital Firms, Companies That Have Benefited From LSVCC Investment
Famous quotes containing the words venture, capital and/or corporation:
“Our venture in revolution and outlawry
Has justified itself in freedom’s story
Right down to now in glory upon glory.”
—Robert Frost (1874–1963)
“Self-esteem evolves in kids primarily through the quality of our relationships with them. Because they can’t see themselves directly, children know themselves by reflection. For the first several years of their lives, you are their major influence. Later on, teachers and friends come into the picture. But especially at the beginning, you’re it with a capital I.”
—Stephanie Martson (20th century)
“What I am anxious to do is to get the best bill possible with the least amount of friction.... I wish to avoid [splitting our party]. I shall do all in my power to retain the corporation tax as it is now and also force a reduction of the [tariff] schedules. It is only when all other efforts fail that I’ll resort to headlines and force the people into this fight.”
—William Howard Taft (1857–1930)