Economic Impact of Companies Supported by the Venture Capital Action Plan

This page includes a year-over-year 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, 2015.

Table 1: Key statistics of companies supported by VCAP
  Companies reporting Aggregate Median
Employees 74 6,812 21
Revenue 2015 64 $992,178,679 $874,500
Revenue Growth  (from 2014 to 2015) 58 38% 100%
Table 2: Distribution of companies supported by VCAP by annual revenue
Range of Revenue Number of Companies within Range Average Revenue Growth
(from 2014 to 2015)
$0 6 0%
$0-250K 17 152%
$250K-$1M 12 228%
$1M-$10M 11 765%
$10-$100M 14 121%
$100M+ 4 28%
Total 64 255%
Table 3: Number of employees of VCAP-backed companies, by industry sector
Sector Number of employees
# % of Total
ICT 5,650 82.9%
Life Sciences 680 10.0%
Energy & Clean Technology 482 7.1%
Total 6,812 100.0%
Table 4: Number of employees of VCAP-backed companies, by province
RegionFootnote * Number of employees
# % of Total
BC 854 12.5%
AB 84 1.2%
MB 197 2.9%
ON 3,841 56.4%
QC 1,793 26.3%
NB 18 0.3%
NS 25 0.4%
Total 6,812 100.0%
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