Foundation Equity Corp. ("FEC") is a Venture Capital Investment Fund based in Edmonton, AB. It was founded in 1991 by Kerry Brown to provide Canadian investors an opportunity to profit from indirect ownership in emerging, high-growth, private Canadian businesses. FEC has enjoyed extraordinary success over the past 18+ years, and currently holds interests in 11 businesses, 8 of which are owned through a 43% ownership stake in McCoy Corporation. FEC also has interests in a number of other emerging companies.

A new fund, called Foundation Equity II, has been created to make new investments and provide new investors the opportunity to invest in Canadian Venture Capital. Foundation Equity II aims to continue the successful legacy of Foundation Equity Corp.

Source: Foundation Equity Corporation


Foundation Equity Corporation is a venture capital firm specializing in investments in emerging technology companies. The firm seeks to invest through its funds. The firm seeks to invest in companies that are in the expansion stage and at the commercialization stage of their products.

It does not prefer to invest in companies that are at the research and development stage and the companies in the life sciences sector. It primarily invests in companies located in Canada. The firm typically invests between $0.5 million and $3 million and up to $10 million in established businesses.

It prefers to take a board seat in its portfolio companies. The firm aims to take between a 20% to 60% ownership stake in its portfolio companies. Foundation Equity Corporation was founded in 1991 and is based in Edmonton, Canada.

Source: Foundation Equity Corporation

Industry Focus


Year Founded


Contact Info

#237 - 200 Carnegie Drive
St. Albert, T8N 5A7


Key Personnel

Kerry Brown, Chairman
Mike Cabigon, President
Terry Chalupa, Director

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