Indeed, the once thriving labour - sponsored funds sector seems to be teetering on the verge of oblivion — a good thing, in the eyes of critics who claim it puts unsophisticated investors at risk and skews Canada's
venture capital market toward technology sector long shots with little chance of payoff.
«Just as the formation of the
venture capital industry ushered a new approach and mindset
toward funding innovation within the private sector, impact investment has started to bring opportunities to harness entrepreneurship and
capital markets to drive social improvement.»