Program · Other
Venture Capital Catalyst Initiative (VCCI) Apprentice
Venture Capital Catalyst Initiative (VCCI) is Government of Canada's fund co-investment offering support for Canadian innovation.
- Application state
- Not currently accepting
Overview
What Venture Capital Catalyst Initiative (VCCI) Apprentice offers
What Venture Capital Catalyst Initiative (VCCI) Apprentice is
The Venture Capital Catalyst Initiative (VCCI) is a Government of Canada program that catalyzes Canada's venture-capital ecosystem by committing public capital to VC funds-of-funds and funds alongside private investors; investments are managed by BDC on behalf of the Government of Canada and policy is owned by Innovation, Science and Economic Development Canada (ISED).
Operational profile
Program status and context
Program status describes the program itself. Application availability and deadlines remain separate.
- Operational status
- Active
- Program type
- Other
- Host organization
- Business Development Bank of Canada (BDC)
- Last reviewed
- July 12, 2026
Terms and economics
Published program terms
- Investment
- $450,000,000
- Price
- Unknown
- Compensation
- Other
Focus and fit
Who the program is for
Eligibility
Fund managers and private venture capital firms seeking co-investment partnership; funds focused on Canadian innovation; life sciences and inclusive growth focused funds.
- Regions
- Canada
- Audience
- Fund Managers · General Partners
- Geographic eligibility
- Ca
- Career stage
- Senior · Executive
Format and cadence
How participation works
- Presence
- Remote
- Main location
- Canada
Availability and engagement
Application timing and route
- Application state
- Not currently accepting
- Admissions
- Application Only
Value and support
What participation may provide
Publicly described support is context, not a guarantee of current delivery or future benefit.
What participants may receive
Government co-investment capital; accelerated fund raising; validation of fund strategy; support for Canadian startup ecosystem; targeted support for underrepresented founders.
Outcomes and track record
What the public record shows
Historical activity and reported outcomes provide context, not a guarantee of future results.
Reported outcomes
Original VCCI: $1.8B raised across 12 funds; Renewed VCCI: up to $450M allocated; increased capital for Canadian startups.
Common questions
Program details at a glance
Venture Capital Catalyst Initiative (VCCI) Apprentice is published in Upseed as a other program hosted by Business Development Bank of Canada (BDC). Upseed treats the Program and its host Organization as separate records so each can have its own status and sources.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
July 12, 2026
Known limits
Terms, deadlines, and application states can change. Confirm current details at the published destination before acting. Upseed does not yet classify every Program destination as official.
Upseed is an independent guide. It is not affiliated with, endorsed by, or the official representative of this program or its host.