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What is the type of company and range of the size of investment that the CMDF funds will make in a company?

April 26, 2017cmdf COMPANY funds Investment range size type

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What is the type of company and range of the size of investment that the CMDF funds will make in a company?

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CMDF and CMDF II invest predominantly in the growing biotechnology industry that constitutes the major part of the life sciences sector. CMDF typically provides equity financing in the range of $250,000 to $5.0 million. No more than 10% of the capital raised can be invested outside of Canada.