BDC Capital — Growth & Transition Capital — Working Capital Canada

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

grant_single_labels|documents

BDC Capital — Growth & Transition Capital — Working Capital

Apply to this program

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