BDC Capital — Growth Equity Partner
Last Update: January 24, 2025
Canada
Equity investments for Canadian entrepreneurs
BDC Capital — Growth Equity Partner at a glance
Eligible Funding
- No Condition
Timeline
- Open Date : June 27, 2022
Financing Type
Loans and Capital investments
Eligible Industries
- Construction
- Manufacturing
- Wholesale trade
- Retail trade
- Transportation and warehousing
- Information and cultural industries
- Professional, scientific and technical services
- Administrative and support, waste management and remediation services
- Educational services
- Health care and social assistance
- Arts, entertainment and recreation
Grant Providers
- Business Development Bank of Canada (BDC)
- Government of Canada
Status
Open
Overview of the BDC Capital — Growth Equity Partner program
Get financing and advice from growth equity partners to help grow your business in Canada and internationally. This support will be provided through partnerships, funding and access to potential growth capital.
Financing terms and conditions
This grant provides flexible financing solutions designed for mid-market growth businesses aiming to expand their operations and scale their impact. The financing structure is designed to empower businesses while maintaining management control.
- Minority equity investments ranging from $3 million to $35 million to support various scales of capital needs.
- Options for BDC Capital to participate, lead, or act as the sole partner in equity transactions.
- Non-controlling interest approach allowing businesses to retain their management dynamics.
Eligible projects & activities
This grant supports mid-market growth businesses in Canada looking to expand their market reach and establish leadership within their industry. The fund is designed to provide minority equity investments for businesses seeking to accelerate their growth strategy.
- Minority equity investments for established companies to foster industry leadership.
- Capital flexibility to accommodate various scales of funding needs within the growth business sector.
- Strategic partnerships that allow businesses to maintain control while receiving expert investment guidance.
Examples of admissible projects:
$ 70,000
Upgrade technology infrastructure to enhance cybersecurity for a Halifax-based cooperative
$ 50,000
Expand marketing efforts to increase sales of eco-friendly products
$ 80,000
Acquire equipment to start a local organic farming business
$ 100,000
Develop a new software platform to improve logistics and supply chain management
$ 90,000
Launch a new marketing campaign to enter international markets from Calgary
$ 120,000
Purchase new manufacturing equipment to increase production capacity
Eligibility criteria of the BDC Capital — Growth Equity Partner program
Eligibility for this grant is determined by specific requirements related to the company's profile and financial performance.
- The company must be an established mid-market growth business with demonstrated markets, proven technology, and a viable business model.
- The management team must be experienced, knowledgeable, and financially committed.
- The company must exhibit solid financial results, with positive EBITDA and satisfactory pro-forma expectations.
Who is eligible?
Mid-market growth businesses that are based in Canada and are seeking a long-term partnership to accelerate their growth. Eligible companies should have established markets, proven technology and business models, and experienced management teams with solid financial results.
Eligible expenses
There are eligible expenses for this grant. The grant covers expenses related to:
- Technology and innovation investments
- Marketing and sales expansion
- Acquisition of equipment
Eligible geographic areas
This funding opportunity is open to businesses across Canada, as the fund is designed to empower Canadian entrepreneurs. Eligibility is based on business criteria rather than geographical location within Canada.
- All provinces and territories in Canada.
Eligibility criteria of the BDC Capital — Growth Equity Partner program
As an example of evaluation and selection criteria for this grant:
- Demonstrated markets, proven technology, and business model
- Experienced, knowledgeable, and committed management teams
- Solid financial results and pro-forma expectations with positive EBITDA
How to apply to the BDC Capital — Growth Equity Partner program
1
Understand Eligibility Criteria
Review the detailed eligibility requirements to ensure your company meets the criteria such as market demonstration, proven technology, experienced management team, and financial performance.
2
Prepare Your Application
- Gather necessary financial documents including evidence of positive EBITDA and pro-forma projections.
- Draft a comprehensive overview of your business, highlighting your growth strategy and industry leadership potential.
- Prepare information about your management team and their commitment.
3
Contact Growth Equity Partners
- Reach out to Growth Equity Partners to discuss potential partnerships.
- Organize a meeting with their investment professionals to explore how their offerings align with your growth objectives.
4
Finalize and Submit Application
- Review all components of your application for completeness and accuracy.
- Submit the application through the: "Contact us" feature on their platform.
Additional information
Here are additional relevant details for this grant:
- The investment offers non-controlling interest, ensuring applicants maintain control of their company.
- Partners gain access to expert guidance at both Board of Directors and operational levels.
- Opportunities exist for participating in future rounds of growth capital.
- Investment ranges from $3M to $35M, offering flexible participation in equity transactions.
Apply to this program
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