VenGrowth Welcomes Ontario Government Move to Support Vital Retail Venture Capital Sector.

Canadian Corporate News,  December, 2007  

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TORONTO, ONTARIO, Dec 20, 2007 (Marketwire via COMTEX) -- VenGrowth Private Equity Partners Inc. and its affiliates ("VenGrowth"), welcomed the Ontario Government's move to boost retail venture capital for innovative Canadian companies.

The Ontario government has introduced legislation to extend the provincial Labour Sponsored Investment Fund ("LSIF") tax credit and increase the maximum investment that qualifies for the LSIF provincial tax credit from $5,000 to $7,500.

Provincial LSIF tax credits will now be offered until the end of the 2011 tax year. The ...

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