Episode 17: Patient, Minority Growth Capital for Canadian Companies
Funding business growth and expansion can be a challenge for Canadian entrepreneurs because accessing the necessary external capital can lead to losing control of the company. To address this challenge an evergreen fund with capital commitments of up to $1B was establish in 2018. The Canadian Business Growth Fund is backed by Canadian banks and insurance companies and its mandate is to provide long-term, patient, minority capital to mid-market businesses for growth and expansion. This month on the TradeSecurely podcast Janet Eastman talks to Karoline Elkind, the CFO of the Canadian Business Growth Fund (CBGF).