The Canadian Business Growth Fund (CBGF) is a leading player in accelerating the growth of Canada’s economy. Founded in 2018, CBGF is an independent and privately funded organization that invests in small to medium-sized businesses (SMBs) with high growth potential. The objective is simple – to provide patient, long-term capital to companies that will impact the Canadian economy positively.
Through its unique model of investing, CBGF has become a key enabler for SMBs, to jumpstart their growth trajectory, and achieve their potential. The CBGF works in collaboration with other stakeholders of the Canadian ecosystem, including entrepreneurs, investors, government, and the private sector, to create a thriving and vibrant economic system.
One of the primary ways that CBGF helps business owners is by providing expert advice and guidance, as well as access to the right networks to unlock new opportunities. This, combined with the long-term capital provided by the CBGF, allows companies to take bold strategic decisions, invest in research and development, expand geographically, and scale their business rapidly.
Apart from the financial support, CBGF also brings operational expertise, which can help a company build robust systems, improve productivity, and achieve operational excellence. With a team of highly experienced executives, the CBGF has a proven track record of helping businesses succeed through their growth journey.
One of the factors that differentiate CBGF from other investors is their commitment to environmental, social, and governance (ESG) principles. They only invest in companies that uphold high standards of sustainability practices, diversity, and ethical conduct.
The power of the CBGF’s model is evident in the success stories of many companies that have received its support. For instance, CBGF played a significant role in the hyper-growth of renewable energy company CarbonCure, which has developed technology that reduces CO2 emissions from concrete. Today, CarbonCure is a recognized global leader in its field and has won numerous awards.
Another example is that of Hiku Brands Company, which was acquired by Canopy Growth, the world’s largest cannabis company, for C$269 million in 2018. CBGF invested in Hiku Brands in 2017, which helped the company build a robust retail presence, grow its product line, and expand its distribution network.
In conclusion, the Canadian Business Growth Fund’s role in fueling the future of Canada’s economy cannot be overstated. By providing long-term capital and operational expertise to SMBs, CBGF allows them to achieve their growth potential, create jobs, and drive innovation in Canada. The investment model, combined with a commitment to ESG principles, has already yielded success stories, and it is exciting to see what the future holds.
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