InBC Investment Corp. InBC Investment Corp.
Skip to navigation Skip to Contents Skip to Accessibility Statement

Aerial view of Kelowna and Lake Okanagan

How InBC Invests

InBC invests in companies and venture funds that seek to address environmental and social issues, while delivering financial returns for people of British Columbia. 


Our criteria

Each investment InBC makes is individually assessed according to the following:

Business model and financial returns

  • Strength and experience of management team
  • Strategic direction, unique product differentiation, intellectual property
  • Industry dynamics and competitive landscape
  • Track record, growth rate and financial forecast

Strong connection to B.C.

  • Location of headquarters and/or offices in B.C.
  • Proportion of decision-makers and management team based in B.C.
  • Percentage of investment and deal flow, revenue, employees and/or infrastructure in B.C.

Alignment to one (or more) impact objective

  • Alignment to one or more of InBC’s impact objectives
  • Intention to define and measure impact
  • Integration of impact with business model

Environmental, social and governance (ESG) risks

  • Current diversity, equity and inclusion (DEI) of portfolio or company
  • Roadmap for developing and implementing ESG and DEI practices and policies
  • Performance related to ESG

InBC is investing with a portfolio approach to build a strong and diversified portfolio. InBC reviews every investment opportunity submitted through our website, and while there are many companies and funds meeting our criteria, only a select number will receive an investment.

Seeking investment?

Complete our short intake form for initial review of your company or fund. Please note at this stage, a company pitch deck is not required.

For entrepreneurs, InBC offers:

  • A fair and inclusive assessment process 
  • A patient investor who has longer term expectations for returns
  • Access to a support network through InBC’s partners
  • For early stage companies, equity investments of approximately $3 million to $5 million
  • For later stage companies, equity investments of approximately $8 million to $10 million
  • Opportunity for additional investment through follow on capital

For fund managers, InBC provides:

  • Values-aligned capital to launch or support an investment fund
  • Support for portfolios that deliver benefits in the areas of innovation, climate action, reconciliation and inclusive communities
  • Equity investments of approximately $5 million to $10 million

*Over time, InBC will consider additional investment types.

InBC is investing $500 million over several years. While there is no deadline for submission, it is recommended that companies and funds begin the process at least six months in advance of requiring capital.

Virtual Office Hour
For companies or funds with additional questions on how to proceed, join the next InBC virtual office hour for an informal group chat with members of our investment team.
Thursday October 19, 10:30-11:30 a.m. PDT: Register Now

What InBC invests in

Our Process

FinancialImpact
1. ScreeningEvaluate viability and growth of potential business model based on stage and sizeDetermine eligibility based on strong connections to B.C. and alignment with one or more of InBC’s four impact objectives
2. Due DiligenceConduct financial, market and industry due diligence, and develop a clear path to generating market-rate returnsDetermine the scale, scope, depth and measurability of impact, assess ESG risks including DEI practices
3. Deal ExecutionStructure and negotiate deal terms, present to Investment Review CommitteeAlign on 2-3 core impact KPIs to include in deal terms
4. Monitoring & ReportingTrack and manage performance of investments across financial KPIsTrack and manage performance of investments across impact KPIs

1. Screening

Financial
Evaluate viability and growth of potential business model based on stage and size

Impact
Determine eligibility based on strong connections to B.C. and alignment with one or more of InBC’s four impact objectives

2. Due Diligence

Financial
Conduct financial, market and industry due diligence, and develop a clear path to generating market-rate returns

Impact
Determine the scale, scope, depth and measurability of impact, assess ESG risks including DEI practices

3. Deal Execution

Financial
Structure and negotiate deal terms, present to Investment Review Committee

Impact
Align on 2-3 core impact KPIs to include in deal terms

4. Monitoring & Reporting

Financial
Track and manage performance of investments across financial KPIs

Impact
Track and manage performance of investments across impact KPIs


What InBC doesn’t offer

  • Grants
  • Loan guarantees or government guarantees
  • Investments in infrastructure projects or real estate
  • Direct investment into seed stage companies
  • Short-term financing

For more details of our approach and criteria, see our investment strategy overview and frequently asked questions.