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SASKWORKS VENTURE FUND INC. RETIREMENT SAVINGS PLAN, RSP 145687 Agreement Under The Province of Saskatchewan The Pension Benefits Act, 1992 LOCKEDIN RETIREMENT ACCOUNT (LIRA) Whereas the undersigned
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Research the eligible Labour-Sponsored Venture Capital Corporations (LSVCCs) in your province.
02
Gather necessary personal financial information, such as income and investment history.
03
Complete the application form for the specific LSVCC, providing all requested details.
04
Attach any required documentation, including proof of income or identification.
05
Review your application for completeness and accuracy.
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Submit the application by the specified deadline, either online or via mail.
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Follow up with the LSVCC to confirm receipt of your application and inquire about the approval timeline.

Who needs labour-sponsored venture capital corporation?

01
Individual investors seeking tax credits and benefits for their investments.
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Entrepreneurs and startup companies looking for capital to fund their growth.
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Individuals interested in supporting local businesses and job creation.
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Those looking for investment opportunities that align with community development.
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A labour-sponsored venture capital corporation is a type of investment fund that pools capital from individual investors, often members of a labor union, to invest in small and medium-sized businesses with high growth potential.
Labour-sponsored venture capital corporations are required to file by the corporation itself, typically managed by its directors or officers responsible for its financial reporting.
To fill out a labour-sponsored venture capital corporation filing, one must provide detailed information regarding the corporation's structure, financial statements, investment activities, and any specific disclosures required by the regulatory authority.
The purpose is to promote investment in local businesses, stimulate economic growth, create jobs, and provide investors with tax incentives.
Information that must be reported includes the corporation's financial statements, details about investment portfolios, management fees, performance metrics, and compliance with relevant laws and regulations.
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