Anecdotally it does not, but at the risk of getting outside my lane, I'll speak to it from the venture perspective.
There are policy instruments within it that ostensibly allow the use of ITB dollars for venture investment, but they are so constrained and hamstrung that they are essentially worthless. I don't have the policy directly in front of me, but essentially what it amounts to is that no more than 5% of an obligor's total obligations can be committed, after a five-times multiple, towards venture.
Again, it's money that's being left on the sidelines that could be funnelled into the private sector, into SMEs, but in a different way, rather than directly from the company.
Why force them to pick the exact company they can invest in, when going through experts such as ourselves, who understand the broad market, would allow them to hedge bets across the ecosystem to find the technologies that look promising?
