Fast Five: Is InBC, the $500 million taxpayer-funded investment fund, a startup?

A job posting for the InBC CEO position says the organization is a startup. But I'm not sure that's how we should be thinking about the organization.

In the Fall of 2021, the province teased details of InBC, a $500 million Strategic Investment Fund with a mandate “to help promising companies grow, while generating returns that benefit all British Columbians.” Then in April of this year, Ravi Kahlon, Minister of Jobs, Economic Recovery and Innovation, introduced legislation to convert InBC from concep…