InBC is a $500 million strategic investment fund of the Government of British Columbia. It will invest in high growth potential firms, growing and anchoring talent, intellectual property, innovation, investment and jobs in B.C., and driving economic growth in every region.
InBC was announced on September 17, 2020. The investment program is currently in development. InBC will invest in small and medium-sized B.C. companies to help them scale up and reach their highest potential, while generating returns that support a growing economy that benefits all British Columbians.
The InBC Approach
The B.C. Government is committed to building a sustainable economy that will create good-paying jobs in every corner of the province and help businesses succeed.
InBC’s investment decisions will be based on a double bottom line approach. That means delivering commercial returns and achieving priorities that reflect the values and needs of British Columbians. These decisions will be guided by the BC Economic Plan: A Framework for Improving British Columbians’ Standard of Living, and the CleanBC strategy.
InBC is still in development and it is expected that its investment strategy and criteria will be published during spring 2021.
Making an Impact
InBC will leverage market opportunities and expertise, providing the impact and stability that investors are seeking. It will provide a long-term source of capital so small and medium-sized businesses can stay and grow in British Columbia.
Accountability & Independence
Investment decisions will be made by an independent Chief Investment Officer and a team of professionals. InBC will be overseen by a Board of Directors and will be required to submit annual reports pursuant to the Budget Transparency and Accountability Act. The audit of the financial statements will be overseen by the Auditor General of B.C.
To learn more about past initiatives, Service Plans and other reporting documents.