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SGGFMCSaskatchewan Government Growth Fund Management Corporation (SGGF MC)

SGGF MC is a wholly-owned subsidiary of CIC which was established in 1989. It has operated under the federal government's Immigrant Investor Program (IIP), creating and managing subsidiary fund companies to raise venture capital from new Canadian immigrants. The IIP ended on March 31, 1999, but the capital raised will need to be managed for at least the next three years. Management services were contracted to Crown Capital Partners Inc. in 2000.

2007 Overview

  
  Acting President John Amundson
  Assets $2.9 million
  Revenue $0.9 million
  Loss $0.8 million
  Total assets under
  management
$36.4 million
  Web site www.sggfmc.com
  Inquiry (306) 787-7259
  Head Office 400 - 2400 College Ave.
   Regina, Sask. S4P 1C8
  

SGGF MC has no direct employees. CIC staff provide executive and administrative services to the corporation.

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