BDC Advisory Services — Financial Management

Q: How much funding can be received?

There is no informations about how much funding can be received.

Q: What is the deadline to apply?

The program is accepting continuous intake

Q: Is the BDC Advisory Services — Financial Management a grant, loan, or tax credit?

BDC Advisory Services — Financial Management is a Expert Advice

Q: Who are the financial supporters of the BDC Advisory Services — Financial Management?

BDC Advisory Services — Financial Management is funded by Business Development Bank of Canada (BDC), Government of Canada

Q: Who is eligible for the BDC Advisory Services — Financial Management program?

To be eligible for the BDC Advisory Services — Financial Management program, you must: • Applicant must require assistance in financial management, including planning, costing, reporting, and controls. • Company should be aiming to improve financial performance through sound financial practices.

Q: Who can I contact for more information about the BDC Advisory Services — Financial Management?

You can contact Business Development Bank of Canada (BDC).

Q: Where is the BDC Advisory Services — Financial Management available?

The BDC Advisory Services — Financial Management program is available across Canada.

Last Update: July 22, 2025

Canada

Guidance to better manage your cash flow

At a glance

Eligible Funding

No Condition

Timeline

Unspecified

Financing Type

Expert Advice

Eligible Industries

Manufacturing
Retail trade

Funds Providers

Business Development Bank of Canada

Government of Canada

Program status

Open

Overview

Get advice on helping you and your team master the principles of financial management through practical tools, plans, coaching and support.

Activities funded

Establishing solid financial practices, including planning, costing, reporting, and controls.
Improving cash flow management to prevent financial shortages and capitalize on opportunities.
Enhancing financial performance by optimizing the use of accounting software and financial management tools.
Implementing systems and processes to monitor and boost business performance and profits.

Examples of admissible projects:

$ 25,000

Optimizing cash flow management for an NPO with dedicated tools and training

$ 30,000

Implementing a comprehensive financial management system for a small business

$ 35,000

Creating an operational efficiency plan for a social enterprise

$ 45,000

Developing a leadership training program for financial managers

$ 32,000

Developing a digital technology training program for small businesses

$ 20,000

Enhancing e-commerce capabilities for a cooperative with financial management tools

Eligibility

Businesses must be based in Canada
Businesses must be looking to improve their financial management practices
Businesses must be interested in maximizing profits and strengthening their company's value

Who is eligible?

Canadian small and medium-sized enterprises (SMEs) seeking to improve various aspects of financial management, operational efficiency, and business strategy can apply for the grant. These companies should need support in mastering business's finances, establishing solid financial practices, controlling cash flow, and improving financial performance. Additionally, businesses looking to get financing for BDC advisory services to enhance their financial management capabilities are also eligible to apply.

Who is not eligible

Some types of companies may not be eligible for this grant. The eligibility criteria are not explicitly mentioned in the grant context provided.

Therefore, it is best to contact the relevant authorities or consult the official grant guidelines for detailed information on eligibility.

Eligible expenses

This program is designed to help businesses achieve financial mastery, improve cash flow management, and enhance financial performance by leveraging BDC advisory services. Eligible projects focus on establishing solid financial practices, optimizing cash flow, and implementing tools and processes for better financial oversight.

Establish robust financial management practices across planning, costing, reporting, and controls.
Enhance cash flow management to capitalize on growth opportunities and prevent liquidity issues.
Improve the utilization of accounting software along with tools and processes to boost financial performance and profitability.
Adopt a structured, action-oriented financial management approach with coaching and practical tools.

Selection criteria

The evaluation and selection of projects for this grant require alignment with the grant's objective of mastering financial management practices.

Demonstrated need for improved financial management practices.
Potential for enhanced cash flow management.
Capacity for utilizing financial management tools effectively.
Expected impact on business performance and profitability.
Commitment to implementing a structured financial management approach.

How to apply

Initial Contact

Reach out to a BDC representative to inquire about the eligibility and financing options.
Schedule a consultation to discuss your business's specific needs and objectives.

Consultation and Assessment

Participate in a detailed assessment of your business's financial management practices by BDC experts.
Collaborate with consultants to identify areas of improvement and potential services required.

Proposal Development

Work with BDC advisors to develop a tailored proposal outlining the scope of advisory services needed.

Application Submission

Prepare and compile necessary documentation as advised by BDC representatives.
Submit your application and proposal as directed by your BDC advisor.

Receipt of Application

Receive confirmation of application receipt from BDC.
Ensure to keep a record of confirmation details.

Additional information

Here is additional relevant information for this grant:

BDC advisory services are available to support financial management improvements in businesses, providing assistance from experts.
Applicants can inquire about financing options to help cover the cost of these advisory services.
Testimonials indicate substantial benefits in improved cash flow management and business performance after using these advisory services.

Apply to this program

Frequently Asked Questions about the BDC Advisory Services — Financial Management Program

Here are answers to the most common questions about the BDC Advisory Services — Financial Management. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.

What is the BDC Advisory Services — Financial Management?

How much funding can be received?

What expenses are eligible under BDC Advisory Services — Financial Management?

This grant focuses on enhancing a business's financial management capabilities. The eligible activities aim at establishing strong financial practices and improving overall financial performance through strategic support and tools. Establishing solid financial practices, including planning, costing, reporting, and controls. Improving cash flow management to prevent financial shortages and capitalize on opportunities. Enhancing financial performance by optimizing the use of accounting software and financial management tools. Implementing systems and processes to monitor and boost business performance and profits.