LSVCCs have all of the following characteristics except:

Question

Quizplus · Accepted Answer

Labour Sponsored Venture Capital Corporations (LSVCCs) are specifically designed to invest in small to medium-sized businesses and are indeed sponsored by labour organizations with a main purpose of creating and protecting jobs. However, their direct impact on increasing angel and bridge financing in the market is not a characteristic or primary goal of LSVCCs. Angel and bridge financing are forms of investment that typically come from individual investors or from specific funds dedicated to early-stage or transitional financing, which is not the direct aim of LSVCCs.

LSVCCs Have All of the Following Characteristics Except