BDC Capital — Growth & Transition Capital — Working Capital
Canada
Growth financing solutions for Canadian companies
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
grant_single|deadlines
- grant_single|openingDateJune 27, 2022
grant_single|financingType
Loans and Capital investments
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 repayable financial support of up to $35 million to increase your working capital to fund your R&D, product and market development projects.
grant_single_labels|projects
grant_single|admissibleProjectsExample
$2,000,000
Toronto
Launching a line of eco-friendly skincare products
$1,200,000
Quebec City
Creating a bilingual online education platform for rural communities
$1,500,000
Calgary
Developing a VR therapy platform for mental health treatment
$900,000
Vancouver
Developing a new AI-based financial forecasting tool for SMEs
$750,000
Montreal
Expanding an organic produce market network
$1,000,000
Ottawa
Developing biodegradable packaging solutions for retailers
grant_single_labels|admissibility
There are specific eligibility criteria for this grant:
- Run an established or high-growth firm
- Have a strong management team
- Demonstrate quality of financial reporting
grant_eligibility_criteria|who_can_apply
Eligible companies for this grant are established or high-growth firms with a strong management team and a good financial reporting track record.
- Established or high-growth firms
- Strong management team
- Quality financial reporting
grant_eligibility_criteria|eligible_expenses
Eligible expenses for this grant may include project-related costs such as research and development, product development, market expansion, and investments in intangible assets like intellectual property and goodwill.
- R&D expenses
- Product development costs
- Market expansion initiatives
- Investments in intellectual property and goodwill
grant_single_labels|register
- Step 1: Gather required financial and business documentation
- Include financial reports, business plans, tax returns, and any other relevant documents
- Implication: Ensures you have all necessary information to support your application
- Step 2: Complete the online application form
- Fill out all required fields accurately and provide detailed information about your business and financing needs
- Implication: Submits your request for Growth & Transition Capital financing
- Step 3: Await review and response from the Growth & Transition Capital experts
- Experts will evaluate your application and determine the best financing solution for your business
- Implication: Expect communication regarding approval, terms, and conditions
Apply to this program
Customized Working Capital Financing Grant
Customized Working Capital Financing Solutions for Business Growth
Our Customized Working Capital Financing grant offers tailored solutions for businesses seeking capital without diluting ownership. With financing options ranging from $250,000 to $35 million, our team creates personalized plans to support projects like R&D, market development, and intellectual property investments.
Whether you need mezzanine financing, cash flow financing, or quasi-equity financing, our experts work with established or high-growth firms with strong management teams and quality financial reporting. Repayment terms are flexible, spanning 2 to 8 years, and can be customized to protect your cash flow, with options for postponed payments and repayment based on forecasted earnings.
Apply online today to explore how our Growth & Transition Capital financing solutions can empower your business to achieve its growth initiatives while preserving your ownership stakes.
