BDC Advisory Services
grant_single|update January 24, 2025
Canada
Expert business advice
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Expert Advice
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- Business Development Bank of Canada (BDC)
- Government of Canada
grant_single|status
grant_card_status|open
grant_single_labels|preview
Connect with highly experienced specialists who can help you better manage your business, increase revenues and optimize operations.
grant_single_labels|terms_and_conditions
The BDC Advisory Services grant encompasses a financial backing structure designed to integrate advisory costs with tailored business advancements. The financing modalities are structured to cater to varying business needs and objectives.
- Provision to finance the cost of BDC advisory services to aid project completion.
- Access to a Canada-wide network of over 500 consultants, facilitating diverse expert guidance.
grant_single_labels|projects
This grant provides extensive support through advisory services aimed at addressing business challenges and facilitating growth. Eligible activities involve strategic improvements, operational enhancements, and market expansion strategies across various business functions.
- Leadership and Management enhancement to unlock business potential.
- Strengthening Business Strategy with a solid strategic roadmap.
- Structured Sales and Marketing activities to grow sales.
- Comprehensive Financial Management to better manage cash flow.
- Operational Efficiency improvements for boosting the bottom line.
- Development of Human Resources management processes for talent retention.
- Support for building a successful E-commerce presence.
- Guidance on implementing Digital Technology and selecting the right tools.
- Obtaining internationally recognized Certifications like ISO 9001, GMP.
- Participation in tailored programs like Growth Driver and Business Performance Builder.
grant_single|admissibleProjectsExample
$ 50,000
Streamline operational efficiency using advanced supply chain management software
$ 50,000
Develop a financial management system to improve budgeting and financial planning
$ 75,000
Implement a state-of-the-art e-commerce platform to improve online sales channels
$ 55,000
Upgrade digital technology for better data analytics and customer insights
$ 60,000
Enhance business strategy and operational efficiency through expert consultancy
$ 35,000
Obtain industry-specific certifications to enhance market credibility
grant_single_labels|admissibility
The eligibility for receiving support under the BDC advisory services is dependent on specific criteria related to the business and its activities.
- The applicant must be a Canadian business seeking to overcome challenges or achieve growth milestones.
- The business type or sector is not specifically restricted, as BDC supports a wide range of industries across Canada.
- The applicant should be open to engaging with expert consultants and implementing practical, tangible solutions for business improvement.
- The applicant is expected to participate in tailored programs like the Growth Driver or Business Performance Builder programs, when applicable, for growth and transformation.
- There should be a willingness to collaborate with BDC consultants and integrate their advice into the business operations.
grant_eligibility_criteria|who_can_apply
This advisory service program is designed for Canadian businesses seeking guidance to overcome challenges or achieve growth milestones across various business functions. The program offers tailored consulting services in management and operations to businesses across Canada, supported by a network of experienced consultants. Companies looking to improve their leadership, business strategy, sales, marketing, financial management, operational efficiency, human resources, E-commerce, digital technology, and obtain certifications could benefit from these services. Additionally, businesses aiming for growth and transformation through structured programs like the Growth Driver and Business Performance Builder programs are encouraged to apply.
grant_eligibility_criteria|eligible_expenses
This grant supports a range of advisory services aimed at enhancing business growth and resilience across Canada. Eligible projects focus on various areas critical to business success including strategy, management, and operational improvements.
- Providing leadership and management training to unlock business potential.
- Developing solid business strategies for future growth.
- Implementing sales and marketing activities to increase sales.
- Enhancing financial management practices to improve cash flow.
- Improving operational efficiency and production processes.
- Developing sound human resource management processes to attract and retain talent.
- Building a successful e-commerce presence through coaching.
- Guiding businesses through digital technology adoption.
- Assisting businesses in achieving certifications like ISO 9001 and GMP.
grant_eligibility_criteria|zone
The BDC Advisory Services are designed to support businesses across Canada through a widespread network of consultants. This nationwide initiative aims to assist companies in various Canadian regions with tailored expertise and support.
- Enterprises operating anywhere within Canada.
grant_single_labels|criteria
There are evaluation and selection criteria for this grant. The criteria include:
- Business viability and sustainability
- Demonstrated capacity to implement recommendations
- Alignment with program objectives
- Potential for growth and impact
grant_single_labels|apply
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grant_single_labels|otherInfo
Here are additional relevant details for this grant:
- BDC Advisory Services offers support in both English and French, ensuring accessibility for a broader range of applicants.
- The organization has a proven track record with over 5,000 projects completed in the last three years.
- Clients report a 93% satisfaction rate with the services received.
- Testimonial evidence indicates that BDC is regarded as a supportive partner in entrepreneurship.
- Consultants from BDC have been providing management consulting services for over 40 years, offering extensive experience.
Apply to this program
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