Upper Canada Equity Fund

Email: [email protected]
Website: http://uppercanadaequityfund.ca/
Phone: 613-967-9382

Office Headquarters Address:
280 Main St, Suite 103 Picton, ON, K0K 2T0


Background


Year Founded: 2015

Description: Upper Canada Equity Fund is an early-stage equity investment fund that co-invests in innovative enterprises to deliver financial and social returns. Unlike traditional venture capital firms that work towards an exit or the sale of a company to gain a return, Upper Canada Equity Fund deploys patient capital through a unique private-public investment model with the goal of building enterprises that boost rural economic diversification and contribute to sustainable development.

Sectors


– Biodiversity & Conservation
– Community Economic Development
– Co-operative, Community & Social Enterprise
– Food Security
– Health & Well-being
– Sustainable Finance
– Sustainable Food, Fisheries & Agriculture


Fund Characteristics


Upper Canada Equity Fund

AUM: $5 million
Vintage year: 2017
Fund term: Evergreen
Asset class: Private equity
Investor eligibility: Institutional, Accredited
Minimum investment: $150,000

Geographic scope: Regional, Eastern Ontario
Committed capital: $3.5 million
Average investment size: $250,000
Investee type: For-profit social enterprises
Investment stage: Early


Social & Environmental Impact



Financial Impact


Total capital invested: $3.5 million
Total capital leveraged:
$8.5 million

Number of investments made: 10.


Success Story


Nectar Technologies

Prince Edward County, ON | 2019

Project name:
Give bees a voice
Financing:
$150,000

Honey bees are a pillar of our food supply. More than $575 billion of the crops we grow depend on bees for pollination. The problem of rising bee deaths endangers our food supply. Nectar Technologies’ mission is to grow a sustainable pollinated food supply chain. Using sensors and AI, Nectar gives bees a voice and: helps beekeepers raise healthy honeybee colonies; provides specialty crop growers with analytics to optimize pollination; and provides food brands with data to build a sustainable and resilient food supply chain.

Learn MoreView Nectar's website

“They were among the first to believe in us, and that made a big difference.”

– Marc-André Roberge