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labour-sponsored venture capital fund [1 record]

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Record 1 1997-02-20

English

Subject field(s)
  • Public Sector Budgeting
  • Government Accounting
CONT

Labour-Sponsored Venture Capital Funds. The [May 1985] budget proposes a new tax credIt to encourage long-term investment by individuals in labour-sponsored venture capital organizations set up within a province to maintain or create jobs and stimulate the economy. ... To be eligible, funds will have to be set up under provincial legislation and managed by some form of labour association. Funds raised will have to be invested in active small and medium-sized businesses, with at least 60 per cent of the funds invested in equity investments.

Key term(s)
  • labour sponsored venture capital fund
  • labor-sponsored venture capital fund
  • labor sponsored venture capital fund

French

Domaine(s)
  • Budget des collectivités publiques
  • Comptabilité publique

Spanish

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