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
  • 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_single|grantors
  • Business Development Bank of Canada (BDC)
  • Government of Canada
grant_single|status
grant_card_status|open

grant_single_labels|preview

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.

grant_single_labels|projects

This funding opportunity is available to businesses within Canada as indicated by the geographical scope specified by the funding body. The focus is on Canadian businesses looking to scale and achieve significant growth.
  • Businesses located anywhere within Canada.
grant_single|admissibleProjectsExample

$70,000

Halifax
Upgrade technology infrastructure to enhance cybersecurity for a Halifax-based cooperative

$50,000

Vancouver
Expand marketing efforts to increase sales of eco-friendly products

$80,000

Ottawa
Acquire equipment to start a local organic farming business

$100,000

Toronto
Develop a new software platform to improve logistics and supply chain management

$90,000

Calgary
Launch a new marketing campaign to enter international markets from Calgary

$120,000

Montreal
Purchase new manufacturing equipment to increase production capacity

grant_single_labels|admissibility

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.

grant_eligibility_criteria|who_can_apply

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.

grant_eligibility_criteria|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

grant_single_labels|criteria

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

grant_single_labels|register

Here are the steps to submit an application for this grant:
  • Step 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.
  • Step 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.
  • Step 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.
  • Step 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.

grant_single_labels|otherInfo

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.

grant_single_labels|documents

BDC Capital — Growth Equity Partner

Apply to this program