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:
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“It is truly enough said that a corporation has no conscience; but a corporation of conscientious men is a corporation with a conscience.”
—Henry David Thoreau (1817–1862)