Advantage is a venture capital corporation formed under the Small Business Venture Capital Act (BC) that invests in life science, technology and clean tech companies located in British Columbia. Our 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 their shares at their net asset value five years following the date we invest their funds into eligible small businesses.

Advantage is the largest VCC fund in British Columbia and manages two funds, Advantage Structured Fund I and Advantage Venture Fund.  Advantage Structured Fund I and Advantage Venture Fund are now closed to new investment .

Advantage Structured Fund I

Advantage Structured Fund I (ASFI) invests in later stage companies that are nearing important business milestones.  The fund is managed by Lions Capital Corp.

ASFI invests in a diversified portfolio of later stage technology companies.  The fund's portfolio includes private and publicly traded companies. 

Advantage Structured Fund I has been structured to provide dividends to its shareholders when the fund achieves realized gains in its investment portfolio.  Thus shareholders may receive a return of capital on a periodic and ongoing basis rather than solely at the end of the legislated hold period.

Advantage Venture Fund

Advantage Venture Fund (AVF) invests in emerging life science, technology and clean technology companies.  Its portfolio includes investments in biotech and medical devices as well as software, telecom, manufacturing and clean technology companies.  The fund is managed by Lions Capital Corp.

AVF's portfolio includes private and public companies, as well as companies from the seed stage through to revenue generating companies. 

Redemptions of the fund have been temporarily suspended.  Under the Small Business Venture Capital Act (SBVCA) only monies from investment income, capital gains and the proceeds of disposition of investments held for five years or more may be used to finance redemptions.  The fund does not currently have sufficient funds allowable under the SBVCA to meet redemptions.  Upon achieving sufficient liquidity, the fund will notify shareholders when redemptions have been reinstated and will process redemption requests in the chronological order the shares became redeemable under the SBVCA.

For more information on any or all of the funds listed above, visit the BC Advantage Funds website at www.bcadvantagefunds.com.

ToP