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A $50-million venture fund dedicated to the Maritime provinces will fill a critical missing link in regional development, an official representing one of the fund’s major investors said Friday.

Paul Kirkconnell, executive vice-president of BDC Venture Capital, said the new fund will have huge implications for startup companies in the region.

“What we’re doing is putting a venture capital anchor into the region. It’s something that has been missing too long,” Kirkconnell said in an interview.

To read the original article: $50-million venture fund set to launch | The Chronicle Herald