InBC Investment Corp.

Overview

InBC Investment Corp. is a strategic investment fund established by the Province of British Columbia with a mandate to invest in growing companies and venture funds that benefit the people of B.C. The fund manages a $500 million portfolio, aiming to generate financial returns alongside measurable economic, social, and environmental impacts for the province. InBC focuses on sectors such as technology, healthcare, clean energy, and manufacturing, seeking to support businesses that contribute positively to B.C.'s economy and society. InBC's investment strategy includes direct investments in companies and partnerships with venture funds. The fund has invested in B.C.-based funds like Evok Innovations, Raven Indigenous Capital Partners, and Yaletown Partners, aligning with its objectives to drive climate action, reconciliation, and innovation. InBC's approach emphasizes patient capital, providing initial equity investments of approximately $5 million to $10 million, with a long-term horizon for expected returns. This strategy allows the fund to support companies at various stages of growth, from seed to late-stage investments. The fund's triple bottom line mandate prioritizes people, planet, and profit, aiming to achieve financial returns while promoting values that enhance life for people in B.C., including job creation, advancing reconciliation with Indigenous communities, and promoting diversity and inclusion. InBC also focuses on establishing B.C. as a globally competitive low-carbon jurisdiction, supporting businesses that contribute to a sustainable and inclusive future for the province.

Investment Focus

• Companies must be based in British Columbia
• Alignment with InBC's impact objectives
• Potential for financial returns
• Commitment to environmental, social, and governance (ESG) practices

Portfolio Companies