This page includes an analysis of the economic impact on a representative group of Canadian companies that received investment by venture capital funds supported by the Venture Capital Action Plan (VCAP) up to December 31, 2018. For 2018, data was reported for 162 out of 310 Canadian companies.
Please note that this data is unaudited and reflective of voluntary reporting from underlying funds; it may not be suitable for year to year comparisons.
Companies reportingFootnote 1 | Total | Average | |
---|---|---|---|
Employees | 162 | 17,474 | 108 |
Revenue 2018 | 162 | $2,673,609,966 | $16,503,765 |
Revenue Growth (2017 to 2018) | 162 | 19% | 31% |
Revenue Range | Number of Companies within the RangeFootnote 1 | Average Revenue Growth (from 2017 to 2018) |
---|---|---|
$0 | 25 | 0% |
$0–250K | 13 | 33% |
$250K–1M | 30 | 42% |
$1M–10M | 52 | 39% |
$10–100M | 36 | 32% |
$100M+ | 6 | 24% |
Total | 162 | 31% |
Sector | Number of employees | |
---|---|---|
Number | % of Total | |
ICT | 11,581 | 66.3% |
Life Sciences | 4,323 | 24.7% |
Energy and Clean Technology | 1,491 | 8.5% |
Other | 79 | 0.5% |
Total | 17,474 | 100.0% |
Region | Number of companies | Number of employees | |
---|---|---|---|
Number | % of Total | ||
BC | 17 | 1,306 | 7.5% |
AB | 10 | 1,048 | 6.0% |
SK | 2 | 111 | 0.6% |
MB | 1 | 262 | 1.5% |
ON | 92 | 9,369 | 53.6% |
QC | 37 | 5,209 | 29.8% |
NB | 1 | 89 | 0.5% |
NS | 2 | 80 | 0.5% |
Total | 162 | 17,474 | 100.0% |