What is the Working Opportunity Fund?
The Working Opportunity Fund (EVCC) Ltd. is a labour-sponsored venture capital fund owned entirely by approximately 50,000 individual British Columbians. The Fund currently has approximately $240 million in assets and has almost half of its assets invested in small and medium sized BC businesses. The remaining assets are invested in fixed income investments for the Balanced Shares and equity and fixed income for the Growth Shares. The Commercialization Shares will be invested in early-stage, research-oriented companies and fixed income investments.