BC Discovery Fund

BC Discovery Fund is a diversified venture capital investment fund which allows investors to participate in the emerging technology industry in British Columbia. The Fund issues its shares under the Venture Capital Corporation (VCC) program, which provides investors with a 30% refundable tax credit on investments up to $200,000 annually.

In addition to enabling participation in innovative, local companies, BC Discovery Fund provides retail investors access to venture capital investment opportunities, which are often only accessible to institutional shareholders and "angel" investors.

Established in 1986, Discovery Capital is one of Canada's most experienced technology venture capital firms. Discovery Capital has enhanced value for over 300 early-stage technology companies by providing proven expertise in strategic planning, management development, innovative financing strategies, corporate governance, and positioning for liquidity.

Discovery Capital focuses primarily on the enhancement of B.C.-based technology ventures, in the areas of information technology, communications, health & life sciences, and environmental & energy technologies.

Discovery Capital expects to continue its successful track record in venture capital investment and fund management through the BC Discovery Fund.

Discovery Capital's strength is based on:

• a commitment to value creation to drive profitable exit strategies
• an extensive network of investment and industry contacts
• strong deal flow of business plans
• a long standing presence in the BC technology community