CBGF Celebrates One-Year since Launch Anniversary
Today the Canadian Business Growth Fund celebrates our one-year anniversary since launch of the Fund on June 19th, 2018. Since then, CBGF has been busy building our team to 18 employees who have all contributed to our new partnerships with 6 growing Canadian companies including 1 follow on investment, totaling over $63 million of invested capital to date. Looking back on our progress from our first year, we are proud of the entrepreneurs we have backed and excited to help them achieve their bold plans for growth. Thank you to all our stakeholders, partners, advisors and all of those who have shown support throughout our first year.
Lift Auto Group is a Kelowna-based consolidator of automotive collision repair centres across Western Canada.
PayBright is a technology-enabled point-of-sale real-time consumer payments platform making purchases more affordable for customers.
Prodigy is an education technology game-based learning platform that helps students practice mathematics.
Mobile Klinik is one of Canada’s leading professional smartphone and tablet repair, care and sales and services retailer.
Unyte provides a suite of neural solutions to the mental health care industry by helping clinicians deliver better outcomes for patients with mental health challenges.
CBGF IN THE NEWS
“Growth fund backed by big banks looking to pick up the pace of investment”
“Spotlight on Entrepreneurs Thinking Big: SMEs: Scaling-up, Exporting and Staying Canadian”
“Spotlight on Scaling Canada’s SMEs: Bridging Canada’s SME Growth Capital and Skills Gaps”
C.D. Howe Institute
“Entrepreneurial Finance and Economic Growth: A Canadian Overview”
“Closing the financing gap facing Canadian businesses looking to grow”
CBGF provides long-term, patient, minority capital to ambitious entrepreneurs to fund growth and expansion of mid-market businesses with investments between $3 and $20 million. An evergreen investment fund with an initial capital commitment of $545 million and projected future contributions to reach $1 billion, CBGF is committed to long-term partnerships with the companies it invests in. As part of its mission to drive growth, CBGF connects business leaders and sector experts to help its partner businesses achieve their full potential.