BDC Advisory Services — Business Strategy
grant_single|update January 24, 2025
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
- 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
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|terms_and_conditions
This grant provides financial assistance to help businesses cover the cost of BDC advisory services. Details about the financing modalities are structured to facilitate comprehensive support tailored to your business needs.
- Financing is available to help cover the costs of engaging with BDC Advisory Services.
- Potential for various financing options to align with business planning and strategic initiatives.
- Customized financial plans to support different stages of strategic development and implementation.
grant_single_labels|projects
The BDC Advisory Services grant supports the development and implementation of comprehensive business strategies aimed at enhancing efficiency and competitiveness. The eligible activities emphasize fostering strategic growth through planning, workshops, and expert consultation.
- Leadership and management improvements through strategic planning.
- Creation and refinement of comprehensive business strategies.
- Improvement of sales and marketing strategies.
- Enhancement of financial management practices.
- Optimization of operational efficiency.
- Advancement in human resource management.
- Development of e-commerce solutions.
- Integration of digital technologies.
- Preparation for certifications to meet industry standards.
- Participation in the Growth Driver Program aimed at business scaling.
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_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|apply
1
2
3
4
5
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
More grants like this
Expert Advicegrant_card_status|open
Personalized advisory services for innovators
Expert Advicegrant_card_status|open
Training and support for Indigenous startups
Expert Advicegrant_card_status|open
Advice and coaching for First Nations-owned businesses
Expert Advicegrant_card_status|open
Strategic investment, advice and services for sustainable technologies
Expert Advicegrant_card_status|open
Support for technology startups
Expert Advicegrant_card_status|open
Business mentorship for entrepreneurs in the Patricia region
Expert Advicegrant_card_status|open
Support for technological innovation projects
Other SupportExpert Advicegrant_card_status|open
Expert business and technical advice
Expert Advicegrant_card_status|open
Advice to improve your management practices