About BC Advantage Funds
BC Advantage Funds ("Advantage") is a venture capital corporation that invests in early-stage life science, technology and clean technology companies located in British Columbia. According to the firm, its investors receive a 30% refundable tax credit from the BC Government on investments of up to $200,000 per year and the ability to redeem shares at their net asset value five years following the date that BC Advantage invests funds into eligible small businesses. Per the firm, BC Advantage is the largest venture capital corporation in British Columbia.
BC Advantage Funds Headquarter Location
#1280 â€“ 885 West Georgia St
Vancouver, British Columbia, V6C 3E8,
Latest BC Advantage Funds News
Oct 20, 2016
NORTH VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 20, 2016) - B.C. Advantage Funds Ltd. (the "Company") announced today that, as approved by shareholders at its Annual and Special Meeting on July 29, 2016, the Company has completed the transfer of all of its assets and liabilities to the Liquidation Trustee (as defined in the information circular in respect of the Meeting). The Liquidation Trustee has the responsibility to dispose of all or substantially all of the portfolio investments and other assets of the Company, pay out all of the liabilities, and distribute the remaining assets of the trust rateably to shareholders of record as of the date of dissolution of the Company. The Company also announced that a voluntary dissolution of B.C. Advantage Funds has been completed pursuant to Division 2 of Part 10 of the Business Corporations Act (British Columbia). Resolutions authorizing the Dissolution were approved by more than two-thirds of the votes cast by shareholders present or represented by proxy at the Annual and Special Meeting held on June 29, 2016. The Dissolution was also approved by a majority of votes cast by shareholders present or represented by proxy at the Meeting. Full details of the Dissolution process are described in the management information circular of the Company, dated July 7, 2016, prepared in connection with the Meeting. A copy of the Company's management information circular is available on SEDAR at www.sedar.com . About the Company B.C. Advantage Funds Ltd. is a venture capital corporation, formed under the Small Business Venture Capital Act (British Columbia), to invest in emerging technology companies in the Province. For more information about the Company, please visit our website at www.bcadvantagefunds.com . Contact Information Director and Chief Executive Officer 604-688-6877
BC Advantage Funds Team
5 Team Members
BC Advantage Funds has 5 team members, including current Chief Executive Officer, Frank Holler.