Frequently Asked Questions
The 50: A Guide to the Canadian Venture Capital Ecosystem

Frequently Asked Questions

What kinds of VC firms are eligible? Do I have to be 100% Canadian to apply? The answers to these and more can be found below.

WHAT KINDS OF VC FIRMS ARE ELIGIBLE FOR THE 50?

The 50 will accept applications from CVCA members that offer venture services including traditional venture capital firms, venture debt providers, corporate venture capital and financial services firms with dedicated venture capital funds. Applicants must be members of the CVCA and in good standing to apply.

Please note that the judgement criteria for The 50 includes overall list considerations to ensure that those selected represent a broad and balanced view of the Canadian VC ecosystem. The Nomination Committee’s final list will comprise venture firms that cover a range of sectors and stages of investment, established and emerging/​new firms and those with a focus on diversity, equality and inclusion. 

DO I HAVE TO BE 100% CANADIAN TO APPLY?

To be eligible to apply, you must be a VC that has a demonstrated interest and presence in the Canadian VC ecosystem. VC firms do not need to have their headquarters in Canada but should have a Canadian presence (i.e. office, staff) and have invested or are currently investing in Canadian companies.

Please note that the Nomination Committee’s judgement criteria for The 50 includes international focus/​presence” of VC firms. Depending on the level of interest from applicants, greater priority may be given to Canada-based VC firms in the selection process.

Do I need to be open to foreign Limited Partners?

No. The fundraising status of applicants is a selection consideration for the Nomination Committee and The 50 will be shared with foreign LPs that may be interested in investing in Canadian VC funds. However, the overarching aim of the publication is to help Canadian VC firms build their international connections and expand their network. If you are simply interested in making foreign contacts or gaining exposure to new markets, please feel free to apply. 

Can I make changes to my application after I have submitted the form?

Yes. Once submitted, you will still be able to retrieve your form and make changes right up until the application deadline of 29 January 2021.

Who do I contact if I am having technical difficulties with my application?

Please reach out to Karen Hung, International Trade Liaison Officer at khung@​cvca.​ca, if you are having any difficulties submitting an application.

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.

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