Nova Scotia’s Next VC Fund
One of the overlooked segments of Premier Stephen McNeil’s State of the Province speech last week was his revelation that Nova Scotia will soon proceed with a new public-private venture capital fund.
On Feb. 11, McNeil delivered his address to the Halifax Chamber of Commerce, and the focus was on the need for change, reinforcing the theme of the Ivany report.
But he also noted that the province would soon release a request for proposals for a private-sector venture capital partner to manage a fund that would be financed in part by the province. The announcement is a followup to the