There’s a lack of venture capital funding for Saskatchewan startups, leaving these promising startups undervalued and underfunded. In 2018, Saskatchewan startups received less than half a percent of all venture capital funds deployed across Canada. Knowing our province’s startups were being overlooked for funding, we sought out ways that we could fill this funding gap. In early 2019, we launched the Conexus Venture Capital Fund, continuing our commitment in supporting Saskatchewan’s entrepreneurs and economy.
Through this $30 million Fund, we’ll provide capital to local startups helping them scale their companies right here at home. The Fund will be managed by Conexus and include a variety of partners and investors.
The Fund will invest in a diversified portfolio of Saskatchewan-based high-growth startups and other investments as permitted within the Fund’s investment policy. This Fund is separate from Conexus’ business incubator, Cultivator, meaning startups don’t need to be a part of Cultivator in order to qualify for funding.
Through this $30 million Fund, we’ll provide capital to local startups helping them scale their companies right here at home. The Fund will be managed by Conexus and include a variety of partners and investors.
The Fund will invest in a diversified portfolio of Saskatchewan-based high-growth startups and other investments as permitted within the Fund’s investment policy. This Fund is separate from Conexus’ business incubator, Cultivator, meaning startups don’t need to be a part of Cultivator in order to qualify for funding.
