While it is hoped that the information and statistics contained in this report are accurate, this is not guaranteed. Readers are cautioned that they should not base their decisions solely on the information in this report and should also consult reliable experts on such matters. Industry Canada, Venture Management Services and the author Peter Standeven accept no liability for the consequences of any actions taken, based on the information contained in this report. Peter Standeven Venture Management Services Surrey, BC Tel. With this growth, and the resulting emergence of many successful Canadian companies, has come a degree of maturity within the industry and a heightened interest on the part of investors and bankers with respect to their willingness to provide financial support.
More money is now available to finance an IT company in Canada than ever before.
Outside of Canada however, the IT industry has not stood still. The following report was produced to help readers understand the many options that Canadian IT entrepreneurs have available for financing their companies' growth. While the area of venture capital is addressed in the greatest detail, other approaches such as bootstrapping are also examined. The report draws heavily from the first hand experiences of the author, a number of successful Canadian software and IT entrepreneurs, and several members of the financing industry. In most cases it was agreed that these individuals would not be directly quoted in order to allow for the most candid discussions possible.