Tuesday, May 08, 2007

The Secret VC: Export Development Corp.

Export Development Corporation of Canada has quietly gotten itself a significant mandate to make equity investments of up to $3 million in new businesses. An added bonus: funding is available at the commercialization stage, as well as later stage startups.

The Catch: EDC generally likes to invest alongside a partner VC. Angel groups might also qualify, although this is not clear. Need more information? Go to their site and check out the contact information under the heading "Equity Investments".

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