Capital for High-growth Businesses

Expansion Capital for Established Businesses Capital for High-growth Businesses
Small Business Capital Profiles of Capital Providers

Labour-sponsored Investment Funds

Golden Opportunities Fund Inc. is the largest provincial Labour-sponsored Investment Fund in Manitoba under The Labour-sponsored Venture Capital Corporations Act (Manitoba). Manitoba residents who purchase Shares of the Fund receive a 15% Federal tax credit (to a maximum contribution of $5,000 annually) and a 15% Provincial tax credit (to a maximum contribution of $12,000 annually) for a total of 30% in tax credits. Investments are also 100% RRSP eligible. With the capital raised from Manitoba residents, Golden Opportunities makes investments in public and private companies that carry on business locally in Manitoba.

Website: www.goldenopportunities.ca

GrowthWorks* is an award-winning leader in Canadian venture capital management. Our regional retail venture capital funds (RVCs) support local businesses from coast to coast and provide tax-advantaged investment opportunities for Canadian investors. GrowthWorks manages over $1 billion in assets, including $700 million in RVCs.

GrowthWorks Canadian Fund is a national retail venture capital fund incorporated in 1990 (GrowthWorks took over management in November 2002). The fund has assets of approximately $370 million and is available for sale in Saskatchewan, Manitoba, Ontario, Alberta, Northwest Territories, Yukon and Nunavut. ENSIS Growth Fund was merged into the GrowthWorks Canadian Fund in October 2008. A 15% federal tax credit is available on the first $5,000 invested in retail venture capital funds each year and a 15% provincial tax credit is available on the first $12,000 invested in Manitoba.**

Website: www.growthworks.ca/funds/manitoba/gw-canadian-fund/default.asp

*GrowthWorks refers to affiliates of GrowthWorks Ltd. and includes: GrowthWorks Capital Ltd., manager of the Working Opportunity Fund (EVCC) Ltd.; GrowthWorks WV Management Ltd., manager of GrowthWorks Canadian Fund Ltd. and GrowthWorks Commercialization Fund Ltd.; GrowthWorks Atlantic Ltd., manager of GrowthWorks Atlantic Venture Fund Ltd., and Mavrix Fund Management Inc., manager of the Mavrix group of specialty mutual funds and flow-through investment funds. GrowthWorks is a registered trademark of GrowthWorks Capital Ltd.

**Tax credits are subject to certain conditions, including repayment if shares are not held for eight years, federal and provincial maximum credits and having tax payable against which to claim the credits.

Private Placement Capital Funds

Under the Private Placement Capital Funds the government and its partners provide equity financings to assist Manitoba based businesses to grow. Private Placement Capital Funds are for profit, privately managed private partnerships of institutional investors. The Funds provide private equity and debt financings to small and medium sized companies. The financings can be highly flexible and pricing is commensurate with risk. Financings typically are in the range of $250,000 to $3.0 million.

Manitoba has two Private Placement Capital Funds; Canterbury Park Capital L.P. and the Centrestone Fund LP. To find out more, contact the Pools directly.

Centerstone Fund 7 - 1250 Waverly Street, Winnipeg, MB R3T 6C6 Phone: (204) 453-1230 Fax :(204) 453-1293 E-mail: info@CentreStoneVentures.com

Canterbury Park Capital L.P. Suite 300, 1001 Corydon Ave Winnipeg, Manitoba Phone: 204-954-5100 www.canparkcap.com