GOLDEN OPPORTUNITIES FUND
Golden Opportunities Fund Inc. is Saskatchewan's first Provincial Labour-sponsored Investment Fund which was launched in 1999 and is registered as a Labour-sponsored Investment Fund Corporation under The Labour-sponsored Venture Capital Corporations Act (Saskatchewan). Saskatchewan residents who purchase Shares of the Fund receive a 15% Federal tax credit and a 20% Provincial tax credit for a total of 35% in tax credits to a maximum contribution of $5,000 annually. Investments are also 100% RRS... P eligible. With the capital raised, the Fund makes investments in Saskatchewan companies, or other entities that carry on business in Saskatchewan, that have less than 500 employees at the time of investment and that pay at least 25% of all their wages and salaries to Saskatchewan employees (as per current regulation which may be amended from time to time). The objective of the Fund is to realize long-term capital appreciation of its investments in eligible businesses. Potential investments are evaluated according to, among other things: stage of development; size; quality of management; the market potential of the products or services sold or distributed; the profit potential of eligible business; and the opportunity for realization by the Fund of its investments.
GOLDEN OPPORTUNITIES FUND
Founded:
1999-01-01
Status:
Active
Contact:
(866) 261-5686
Email Addresses:
[email protected]
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Current Employees Featured
Founder
Acquisitions List
Date | Company | Article | Price |
---|---|---|---|
2019-07-17 | Paradigm Consulting Group | Paradigm Consulting Group acquired by Golden Opportunities Fund | 3.87 M USD |
2016-11-08 | Fort Garry Brewing | Fort Garry Brewing acquired by Golden Opportunities Fund | N/A |
2015-05-06 | Paraire meats | Paraire meats acquired by Golden Opportunities Fund | 7.3 M USD |
2012-01-01 | SuperiorRoads Solutions | SuperiorRoads Solutions acquired by Golden Opportunities Fund | N/A |
Investments List
Date | Company | Article | Money raised |
---|---|---|---|
2022-08-18 | Chrysalis | Golden Opportunities Fund investment in Private Equity Round - Chrysalis | N/A |
2022-05-03 | Three Farmers | Golden Opportunities Fund investment in Venture Round - Three Farmers | 6.2 M USD |
2022-01-30 | StoreToDoor | Golden Opportunities Fund investment in Seed Round - StoreToDoor | 1.25 M CAD |
2021-07-01 | 54e Dev Studios | Golden Opportunities Fund investment in Seed Round - 54e Dev Studios | 1.7 M CAD |
2021-05-04 | Precision.ai | Golden Opportunities Fund investment in Seed Round - Precision.ai | 20 M USD |
2020-10-07 | 54e Dev Studios | Golden Opportunities Fund investment in Seed Round - 54e Dev Studios | N/A |
2020-05-28 | Rite Way Mfg. Co. | Golden Opportunities Fund investment in Venture Round - Rite Way Mfg. Co. | N/A |
2020-03-16 | Taiv | Golden Opportunities Fund investment in Seed Round - Taiv | 500 K USD |
2020-01-20 | Degelman Industries | Golden Opportunities Fund investment in Private Equity Round - Degelman Industries | 63 M USD |
2019-08-01 | Superior Farms Solution | Golden Opportunities Fund investment in Venture Round - Superior Farms Solution | 7.73 M USD |