VANCOUVER ISLAND VENTURE CAPITAL FUND LAUNCHES
The Vancouver
Island Venture Acceleration Fund (“VIVA”) is the first dedicated investment fund
targeting early-stage, high-growth technology companies on Vancouver Island.
Providing more than just money, VIVA brings connections, knowledge and mentoring
to bold early-stage entrepreneurs with game-changing
ideas.
“The
mission of VIVA is to
be a catalyst in
helping build the Island’s economy into a thriving center of technology and
entrepreneurship – enabling companies to innovate, grow and succeed on the
Island,” said Allan Wiekenkamp,
Board
Director of VIVA.
Business
start-up and expansion is one of the keys to economic development at the local
level. Most entrepreneurs agree that raising capital is the primary obstacle
hindering their growth. On Vancouver Island, few venture or angel sources are
making investments in early stage technology companies. Recognizing this
challenge, VIVA was created for individual investors who are keen to see the
Island’s knowledge-based economy prosper.
“The
VIVA Fund has the potential to make a huge difference for Island technology
companies,” said Sasha Angus, CEO of the Nanaimo Economic Development
Corporation. “We are very pleased that they have chosen Nanaimo as their
headquarters for this new venture.”
For more information about VIVA visit their website.
For more information about VIVA visit their website.
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