June 11, 2008

WHAT THE PARTNERS SAY

“Today’s economic realities demand that Ontario lay a strong foundation for a new generation of corporate leaders that will help drive future economic growth. Initiatives such as the Ontario Venture Capital Fund are levers for transforming ideas into tangible economic benefit and future prosperity for Ontario communities.” - Gordon M. Nixon, president and CEO, RBC

“OMERS is pleased to be an integral part of this initiative and looks forward to enhancing the market for venture and growth capital investments in Ontario.” - Paul Renaud, CEO of OMERS Capital Partners, the entity responsible for OMERS' private equity investments.

“BDC is pleased to be part of an innovative, new direction for Ontario's venture capital market. This fund-of-funds will help technology firms access the venture funding they need to commercialize their innovations and reach their potential. Our participation in this fund, which will be managed by TD Capital, is testimony of the confidence we have in Ontario's potential.” - Jacques Simoneau, executive vice-president, Investments, BDC

“We are supporting this VC Fund because we think it’s the right initiative at a time when the supply of venture capital in Ontario is less than optimal and investment returns have been rising.” -  William Eeuwes, vice-president and head of Manulife’s merchant banking arm

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See also:

• News Release: $205 Million Investment Fund To Grow Jobs Of The Future
• Backgrounder: Ontario: A Catalyst For Innovation
• Backgrounder: Fund Details