{"id":799677,"date":"2026-07-14T12:28:09","date_gmt":"2026-07-14T12:28:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/799677\/"},"modified":"2026-07-14T12:28:09","modified_gmt":"2026-07-14T12:28:09","slug":"venture-capital-association-plans-event-to-coincide-with-carneys-global-investor-summit","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/799677\/","title":{"rendered":"Venture capital association plans event to coincide with Carney\u2019s global investor summit"},"content":{"rendered":"<p class=\"c-article-body__text text-pr-5\">Canada\u2019s venture capital and private equity association will take advantage of the world\u2019s largest investors visiting Toronto in September for Prime Minister <a href=\"https:\/\/www.theglobeandmail.com\/topics\/mark-carney\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.theglobeandmail.com\/topics\/mark-carney\/\">Mark Carney<\/a>\u2018s Canada Investment Summit by hosting its own forum earlier the same day.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Mr. Carney\u2019s first of its kind <a href=\"https:\/\/www.theglobeandmail.com\/business\/article-canada-to-host-investment-summit-in-toronto-in-september-carney-says\/\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.theglobeandmail.com\/business\/article-canada-to-host-investment-summit-in-toronto-in-september-carney-says\/\">federal summit<\/a> is booked for Sept. 14 and 15 with the aim of drumming up foreign investment in Canada, including for major nation-building projects. The event is expected to draw asset managers from firms such as Blackstone Inc. <a href=\"https:\/\/www.theglobeandmail.com\/investing\/markets\/stocks\/BX-N\/\" target=\"_blank\" rel=\"noreferrer nofollow noopener\" title=\"https:\/\/www.theglobeandmail.com\/investing\/markets\/stocks\/BX-N\/\">BX-N<\/a>, which manages nearly US$1.3-trillion, and sovereign wealth funds such as US$936-billion GIC, which is based in Singapore.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Meanwhile, the Canadian Venture Capital and Private Equity Association (CVCA) is planning an all-day event on Sept. 14 to introduce international players to the success stories of the Canadian technology and technology-enabled companies the country\u2019s private sector has invested in. <\/p>\n<p class=\"c-article-body__text text-pr-5\">According to CVCA chief executive officer Benjamin Bergen, Canada has a moment to showcase a <a href=\"https:\/\/www.theglobeandmail.com\/business\/article-canada-tech-companies-100-million-club\/\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.theglobeandmail.com\/business\/article-canada-tech-companies-100-million-club\/\">cohort of growth companies<\/a> on the world stage. <\/p>\n<p class=\"c-article-body__text text-pr-5\">\u201cThe world has really shifted, and we\u2019ve got to respond. So, how do we look for international capital in other parts of the world?\u201d he said in an interview.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Attendance at the CVCA\u2019s forum will be by invitation only. The venture arm of the world\u2019s top oil exporter, Saudi Arabia\u2019s Aramco, and the British Business Bank, a government-owned economic bank, are among the investors the association is hoping to attract, Mr. Bergen said.<\/p>\n<p class=\"c-article-body__text text-pr-5\">\u201cFirst you\u2019ve got to invite people to your house in order to show them that you\u2019re wanting to be friends,\u201d he said. \u201c&#8230; This is very much what this is.\u201d<\/p>\n<p class=\"c-article-body__text text-pr-5\">Mr. Bergen said <a href=\"https:\/\/www.theglobeandmail.com\/business\/article-novacap-raises-38-billion-for-latest-technology-fund\/\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.theglobeandmail.com\/business\/article-novacap-raises-38-billion-for-latest-technology-fund\/\">Novacap<\/a>, ONCAP, Plaza Ventures, Inovia Capital and Beringer Capital are some of the Canadian firms supporting the event. For their portfolio companies, international support is essential for scaling, he said. <\/p>\n<p class=\"c-article-body__text text-pr-5\">\u201cWe now need private capital to show up and build this ecosystem in order for us to capitalize on all those investments that were made all those years ago,\u201d he said.<\/p>\n<p class=\"c-article-body__text text-pr-5\">With reports from James Bradshaw and Bill Curry<\/p>\n","protected":false},"excerpt":{"rendered":"Canada\u2019s venture capital and private equity association will take advantage of the world\u2019s largest investors visiting Toronto in&hellip;\n","protected":false},"author":2,"featured_media":799678,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[64,63,99,375383,198],"class_list":["post-799677","post","type-post","status-publish","format-standard","has-post-thumbnail","category-entrepreneurship","tag-au","tag-australia","tag-business","tag-bx-n","tag-entrepreneurship"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/799677","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=799677"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/799677\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/799678"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=799677"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=799677"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=799677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}