BDC Advisory Services — Business Strategy
Canada
Advice to create your roadmap to success
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Expert Advice
grant_single|eligibleIndustries
- Manufacturing
- Transportation and warehousing
- Professional, scientific and technical services
grant_single|grantors
- Business Development Bank of Canada (BDC)
- Government of Canada
grant_single|status
grant_card_status|open
grant_single_labels|preview
Get advice from experienced specialists on action oriented approaches focused on improving your business strategy through coaching, support and virtual or on-site workshops.
grant_single_labels|projects
- Develop a solid strategic foundation
- Get buy-in on a common vision and action plan
- Explore alternative business models
grant_single|admissibleProjectsExample
$18,000
Building a business growth strategy for a NPO
$13,000
Expanding operational capabilities for a Sole Proprietorship
$9,000
Improving business strategy for a Social Economy Enterprise
$15,000
Developing a strategic business plan for a Financial Cooperative
$20,000
Launching a new product line for a For-Profit Company
$20,000
Creating a strategic roadmap for a Non-Financial Cooperative
grant_single_labels|admissibility
Eligibility for this program requires meeting specific criteria related to business status and planning services.
- The applicant must be a business searching for strategic planning and advisory services.
- The business should be interested in developing a strategic foundation and exploring business models.
- The company must be willing to participate in virtual and on-site workshops.
- Engagement with BDC advisory services is necessary for project execution.
grant_eligibility_criteria|who_can_apply
The context provided did not outline specific evaluation and selection criteria for the grant in question. Therefore, it is unclear which organizations or projects might meet any particular criteria related to eligibility or selection.
grant_eligibility_criteria|who_cannot_apply
There are certain types of companies that may not be eligible for this grant:
- Non-Canadian companies
- Businesses not operating in Canada
- Companies engaged in illegal activities
grant_eligibility_criteria|eligible_expenses
This grant aims to enhance various aspects of business management and operational strategy to foster growth and efficiency. Eligible activities focus on strategic planning, exploring business models, and enhancing business environments.
- Development of a comprehensive strategic plan reflecting the business vision.
- Assessment of internal and external business environments for better competitive positioning.
- Engagement with team members to ensure commitment to a common strategic vision.
- Exploration and testing of alternative business models to improve market share and competitiveness.
- Participation in virtual and on-site strategic planning workshops.
- Access to coaching and support from experienced consultants to aid decision-making and organizational success.
grant_eligibility_criteria|zone
This program facilitates the development and implementation of a strategic business plan by funding advisory services expenses.
- Fees for BDC advisory services to support strategic planning and roadmap creation.
- Costs associated with workshops and coaching from experienced consultants.
grant_single_labels|criteria
There are evaluation and selection criteria for this grant. Applicants will be assessed based on the following criteria:
- Evidence of a solid strategic foundation
- Ability to get buy-in on a common vision and action plan
- Exploration of alternative business models
grant_single_labels|register
Here are the steps to apply for this grant:
- Step 1: Initial Inquiry
- Contact a BDC representative to express your interest in the Growth Driver Program.
- Discuss your business needs and objectives with the consultant.
- Step 2: Consultation
- Schedule a consultation session with a BDC advisor to explore how the program aligns with your business goals.
- Evaluate the benefits of the strategic planning services offered by BDC.
- Step 3: Proposal Preparation
- Collaborate with BDC advisors to develop a preliminary strategic plan outline.
- Identify key focus areas such as leadership, management, and digital technology.
- Step 4: Application Submission
- Submit a formal application to BDC with assistance from their advisory team.
- Include all relevant business documents and strategic goals in your submission.
- Step 5: Confirmation and Next Steps
- Receive a confirmation from BDC acknowledging the receipt of your application.
- Engage in further discussions with BDC to finalize the strategic roadmap for your business.
grant_single_labels|otherInfo
Here are additional relevant details for this grant:
- The grant can be combined with BDC's financing options for advisory services.
- Applicants will receive coaching and support through virtual and on-site workshops.
- Applicants can seek financing options to cover the cost of attending strategic planning workshops.
- Impartial advice will be provided by experienced consultants to aid in decision-making and enhance success potential.
- Testimonials from prior beneficiaries highlight rapid payback and readiness for expansion.
Apply to this program
Enhance Your Business Strategy with Expert Guidance
This grant empowers businesses to develop comprehensive strategic plans tailored to their unique visions and objectives. With support for leadership, management, and innovative business models, the grant aims to strengthen organizational foundations and drive success.
Unlocking Business Potential Through Strategic Planning
Through this grant, companies are provided with the opportunity to refine their strategic planning processes and establish a solid foundation for future growth. The offering includes comprehensive advisory services that cover key areas such as leadership, management, financial strategies, and digital technology integration. These services are designed to assist businesses in navigating complex environments by developing a cohesive vision that aligns the entire organization towards common goals.
Participants can benefit from workshops and coaching sessions that focus on assessing both internal and external environments, understanding competitive positioning, and exploring innovative business models. By involving experienced consultants, businesses gain impartial insights that aid in crafting strategic plans responsive to market dynamics and company-specific needs.
The methodology employed is both rigorous and adaptable, drawing upon proven techniques to foster buy-in from all organizational members. This ensures that the strategic plans developed are not only ambitious but also actionable, setting clear priorities and resource allocations essential for achieving desired business outcomes.
Moreover, the grant supports organizations in testing alternative business models, addressing competitive pressures, and capitalizing on opportunities to enhance market share. This proactive approach enables businesses to stay ahead in their respective industries, anticipate changes, and react efficiently to emerging trends and challenges.
Through this strategic enrichment program, businesses are better equipped to pursue certifications that can elevate their market performance and reputation. The grant covers the cost of strategic advisory services facilitating this preparation, ensuring that businesses not only set achievable goals but also have the pathways to realize them effectively.
This initiative is particularly beneficial for companies aiming for rapid expansion or global recognition, providing the tools and guidance necessary to transition strategic visions into operational success stories. Insights shared by past beneficiaries highlight the rapid returns on investment and transformative impacts realized through targeted strategic planning assistance.
Organizations seeking to unlock their full potential can look towards this grant as a catalyst for long-term success, with strategic planning playing a crucial role in driving innovation and sustainability. By incorporating expert recommendations and focusing on cohesive team alignment, companies can navigate the complexities of modern marketplaces with confidence and agility.
In conclusion, this grant is not merely a financial tool but a comprehensive support system designed to propel businesses towards a prosperous future. By engaging with this program, businesses gain not only monetary aid but also invaluable expertise, ultimately paving the way for enhanced competitiveness and growth in their sectors.
