Page 5 - 2104 Ontario Budget - Ontario Jobs and Economy Plan
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A Ontario is fostering an environment where small businesses, entrepreneurs and investors thrive. Partnering with the private sector, the Northleaf Venture Catalyst CULTURE OF Fund has more than $217 million to invest in exciting new technologies. INNOVATION This builds on the success of the Ontario Venture Capital Fund in helping to grow new enterprises, such as Ottawa-based Shopify — which last year had the second-highest venture capital fnancing deal in Canada at $100 million, propelling this young frm into an exclusive group of startups reported to be valued at $1 billion or more. The Ontario Research Fund includes $250 million over the next three years to invest in leading-edge research, such as advances in medical and green technology. ONTARIO IS FOSTERING AN ENVIRONMENT WHERE SMALL BUSINESSES, ENTREPRENEURS AND INVESTORS ThRIVE 4 GET THE FACTS AT ONTARIO.CA/BUDGET
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