Lawyer Michael Smith Interviewed for Article on New Venture Capital Fund
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Lawyer Michael Smith was recently interviewed by Lexpert for the article “New venture capital fund aims to fill a gap.”
The article focuses on the creation of the Canadian Business Growth Fund (CBGF), which will invest up to $1 billion in equity in Canadian small and medium-sized enterprises (SMEs) over the next decade.
“There is a gap in the funding life cycle in our country between the venture capital stage and the IPO stage,” says Mr. Smith, a lawyer licensed in Canada and New York who works out of Dickinson Wright’s Toronto and Washington, D.C. offices. “What’s missing is what a lot of people call growth capital – a gap that’s also called ‘the Valley of Death’ – and that’s what the CBGF is aimed at.”
To read the full article, please click here.
The article focuses on the creation of the Canadian Business Growth Fund (CBGF), which will invest up to $1 billion in equity in Canadian small and medium-sized enterprises (SMEs) over the next decade.
“There is a gap in the funding life cycle in our country between the venture capital stage and the IPO stage,” says Mr. Smith, a lawyer licensed in Canada and New York who works out of Dickinson Wright’s Toronto and Washington, D.C. offices. “What’s missing is what a lot of people call growth capital – a gap that’s also called ‘the Valley of Death’ – and that’s what the CBGF is aimed at.”
To read the full article, please click here.
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