The 50

The 50

A Guide to the Canadian VC Ecosystem

Apply Today & Join The 50

The deadline to apply is January 29, 2021.

Please note that applicants must be current CVCA members in good standing.

The50logo with Tagline small

The 50 A Guide to the Canadian VC Ecosystem

The Canadian Venture Capital and Private Equity Association (CVCA) is pleased to announce the launch of the nomination process for the upcoming digital publication, The 50: A Guide to the Canadian Venture Capital Ecosystem.

The 50, a collaboration between the CVCA and the Trade Commissioner Service (TCS), will be an annual online guide to the Canadian venture capital (VC) ecosystem and feature 50 of Canada’s VC firms. The aim of The 50 is to showcase members of the CVCA to foreign Limited Partners (LPs) and General Partners (GPs), expanding the global network of Canadian VC funds and building investment interest in Canada. Since the publication will be released annually, the spotlighted VC firms will be updated each year.

Given the current inability to travel or network in-person with LPs and GPs, the CVCA is committed to providing members with alternative opportunities for connections, including internationally. The CVCA is hopeful that The 50 project, in partnership with the TCS, will be a helpful supplement to additional networking initiatives currently in development. The CVCA will continue to identify new ways to connect the membership in these unique circumstances. 

Leveraging the international network of Canadian Trade Commissioners abroad, the digital publication will be circulated to foreign LPs and GPs in regions such as Asia, Europe, the US, and the Middle East. The TCS will assist with connecting interested investors to those who are profiled. 

If you would like your firm to be featured in The 50, please complete and submit the online application form by Friday, January 29th, 2021.

The CVCA has established a Nomination Committee (“the Committee”) to review the applicants and oversee the selection process. Further details about the selection process are below. 

Please note that applicants must be current CVCA members in good standing to apply. 

If you have any questions on The 50, please contact Karen Hung, International Liaison Officer, at khung@​cvca.​ca

The50 applications Now Open 01

Selection Process for The 50

The Judgement Criteria:

The Nomination Committee is tasked to review the applicants and oversee the selection process. The Committee will make final decisions based on achieving the overall list objectives plus individual firm qualitative and quantitative considerations. 

To ensure a broad and balanced view of the Canadian venture capital ecosystem, the Committee must ensure that the overall list of VCs in The 50 addresses the following: 

  • Covers a range of sectors/​verticals and investment in companies at various stages (seed, early, growth) 
  • Includes both established VC firms (i.e. Fund IV and higher) and first-time or emerging VCs (i.e. up to Fund III). 
  • Gives consideration to those VCs that focus on diversity, equality, and inclusion 

The selection criteria for individual firms will be based on qualitative and quantitative considerations including, but not limited to: 

  • Key performance metrics (net IRR, TVPI, DPI, etc.) 
  • Level of investment activity over the past 36 months ($ invested, # of new portfolio companies) 
  • The uniqueness of investment strategy 
  • Notable investments and exits 
  • The management team and company history 
  • International focus/​presence
  • Number of funds under management 

If necessary, the Committee may follow up with applicants for additional information beyond their online submission. 

The50 judgement Criteria

Become a CVCA Member

Interested in being featured in The 50 but are not a CVCA member? Learn about the advantages of a CVCA membership and apply today.