Province announces $500 million ‘InBC’ investment fund

“By investing in people and businesses, InBC will support startups, help promising companies scale up and attract world-class talent to B.C. This new strategic investment fund is one of the tools we are using to build the foundation for a strong recovery and a bright future,” says Premier John Horgan.

InBC will invest in high-growth potential businesses in British Columbia and leverage investments from the private and public sectors to help businesses grow. InBC will have a “triple bottom line” investment mandate, aiming to:

establish B.C. as a globally competitive low-carbon jurisdiction;
promote values that make life better for people in B.C., including job creation, advancing reconciliation with Indigenous peoples, promoting diversity and inclusion; and
achieve a financial return on investment.

by Caden Fanshaw

Province announces $500 million ‘InBC’ investment fund

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