NATIONAL BANK OF CANADA
Explore the strategies and differences between traditional venture capital ( VC ) and corporate venture capital ( CVC ) with exclusive insights from Philippe Daoust of National Bank of Canada
Exploring the realm of venture capital reveals notable distinctions between traditional venture capital ( VC ) and corporate venture capital ( CVC ). Philippe Daoust , Vice President and Managing Director of NAventures , the CVC arm of National Bank of Canada , recently shed light on this divide . Despite initially seeing himself as an unlikely candidate for finance , Philippe ’ s career trajectory paints a different picture . Beginning as an auditor , he transitioned to mergers and acquisitions , where he honed his skills in financial due diligence and post-merger integration . This extensive experience ultimately led him to establish a corporate venture fund at National Bank of Canada .
National Bank of Canada ’ s role in the financial ecosystem National Bank of Canada is keenly committed on contributing to the Canadian financial ecosystem . Through NAventures , the bank invests in innovative startups and technologies that align with its strategic goals . The bank ’ s commitment extends beyond support for emerging tech companies ; it strategically integrates these innovations into its operations , boosting overall competitiveness . By actively engaging with startup ecosystems , the bank
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