Investment intentions among Canadian entrepreneurs remain stable amid a shortage of qualified labour and confidence in the economy, according to BDC’s fourth annual report on the investment intentions of small and mid-sized enterprises. “It is encouraging to see some optimism from Canadian businesses as they adapt to the labour shortage and digital technology,” says Pierre Cléroux, Vice President, … Read more
BDC Capital announced that it has significantly accelerated the rhythm and size of its investments in innovative, knowledge-based Canadian businesses alongside other funds. The Bank’s co-investments team has stepped up the pace of its investing activity in the past 18 months, completing seven transactions totalling $38.1 million since February 2017. “With our accelerated investing activity and participation … Read more
Minister of Small Business and Export Promotion Mary Ng (Markham-Thornhill, Ont.) alongside some of the company’s investors, celebrated the close at Eigen’s Fredericton headquarters. BDC Capital’s Women in Technology Venture Fund also announced two additional investments in up-and-coming tech companies with women at the helm. “The government launched the Women Entrepreneurship Strategy because we believe that women’s economic … Read more
As part of Canada’s first Women Entrepreneurship Strategy, BDC announced that it will be offering a dozen one-day “WE Talk Business” boot camps from coast-to-coast during the fall/winter 2018-19. “Our WE initiative focuses not only on financing, but on bringing all players together to provide the right tools, advice and networking opportunities so women entrepreneurs can really … Read more
A record 56,000 entrepreneurs now receive support from the Business Development Bank of Canada, a 14 per cent increase from last year, as reported in BDC’s 2017-18 annual report. The Bank also reports that its client base is now more diverse than ever, with marked increases in the number of tech, women and Indigenous entrepreneurs … Read more
BDC Capital’s $200 million Women in Technology Venture Fund has just completed four new deals. “The goal of BDC Capital’s WIT venture fund is simple: Invest in great entrepreneurs and teams where women lead, that build globally competitive businesses that deliver returns. By investing in strong teams and companies where women lead we are leading the … Read more
Canadian technology businesses now have access to $50 million in new financing over two years under a partnership agreement between the Business Development Bank of Canada and Export Development Canada. “I am delighted to announce this partnership with EDC, which will help more of Canada’s highly innovative technology entrepreneurs grow and scale their businesses and develop … Read more
BDC Capital has renewed its partnership with the biggest start-up conference in the country, Startupfest, where it will launch a Women in Technology Boot Camp. “This can’t-miss half-day session promises to provide direct access to key actors in the tech space that will share candid stories about their journey and tips on how women entrepreneurs can overcome similar … Read more
Entrepreneurs in Atlantic Canada received over $140 million in financing in the first year of a two-year financing package launched by the Business Development Bank of Canada to assist the region’s small and mid-sized businesses. “As Canada’s only bank devoted exclusively to entrepreneurs, we are delighted to be able to help the exciting businesses that are … Read more
The Business Development Bank of Canada posted a new report entitled Built for performance –strategies used by Canada’s leading SMEs. “The findings are a roadmap for success based on proven lessons from top entrepreneurs,” says Pierre Cléroux, Vice President, Research and Chief Economist at BDC. “This study offers entrepreneurs an amazing list of tips and information they can … Read more
