The Canadian Mental Health Association supported by the Business Development Bank, released an in depth report examining Canadian entrepreneur’s mental health. The study entitled “Going it Alone: the mental health and well-being of entrepreneurs in Canada” surveyed nearly 500 entrepreneurs who all reported financial and accessibility barriers to seeking mental health support. The full study … Read more
BDC and Export Development Canada have partnered to publish research exploring the barriers women entrepreneurs face when exporting. The research will be published in collaboration with the Women Entrepreneurship Knowledge Hub, a Government of Canada initiative to serve as a one-stop source of knowledge, data and best practices for women entrepreneurs. “What we know is exporting leads … Read more
BDC Capital launched the $250 million Industrial Innovation Venture Fund to invest in tech companies and entrepreneurs accelerating the transformation of core Canadian industries including agriculture and food technologies, resource extraction technologies and advanced manufacturing. “BDC Capital is excited to be a first mover again, this time supporting innovation and technology adoption among core competitive … Read more
BDC is a proud recipient in the 39th edition of the 2019 Mercuriades, a prestigious Quebec business contest. The Bank won the Mercure in the category Development of a Web or Mobile Technology Presented by TELUS – Large Business for its new Express Loan application, which gives entrepreneurs faster access to financing. Call 1‑844‑625‑8321.
Entrepreneurs who acquire other businesses do so to grow, according to a new BDC study titled Buying a Business: A Winning Strategy to Purchase Another Company in Canada. “Acquiring another business is a great way for companies to grow, but good planning is vital to ensure the project is successful; following a well-structured process is a … Read more
BDC Capital’s Women in Technology Venture Fund has completed its first year of investments since the size of the fund almost tripled to $200 million, making it the largest venture fund of its kind. “Our mandate is to support and grow great women leaders in tech and in venture, and lead by example so other … Read more
BDC Capital has invested over $180 million in change-of-ownership transactions since Dec. 2017 and is on track with its pledge to invest $900 million in such deals over five years. “Investing in business transitions is one of our core offerings,” says Patrick Latour, Senior Vice President, Growth & Transition Capital at BDC Capital. “Our Growth & Transition Capital team … Read more
BDC announced it has been named as one of Canada’s Best Diversity Employers for 2019. The Bank accepted the award during Mediacorp Canada’s official awards reception, on March 1. “Our talented and diverse team is critical to everything we do as Canada’s only bank devoted exclusively to entrepreneurs,” says Mary Karamanos, Chief Human Resources Officer at … Read more
BDC announced an $8-million investment in Kanata-based advanced materials firm Equispheres. “This investment in Equispheres is part of BDC’s long history of supporting innovative Canadian cleantech firms to scale as world leaders,” says Susan Rohac, vice president, Cleantech Practice at BDC. “Equispheres has an aggressive growth vision and is singularly positioned to scale in a rapidly … Read more
BDC Capital announced scholarships for Canadian venture capitalists to attend the Kauffman Fellows Program, with a focus on supporting female fund managers. “We are committed to continuing to improve the venture capital ecosystem in Canada, and we see unparalleled value in the Kauffman Fellows Program,” said Jérôme Nycz, Executive Vice President, BDC Capital. “It is the … Read more
