BDC Capital — Venture Capital
Canada
Venture Capital financing for Canadian entrepreneurs
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
grant_single|deadlines
- grant_single|openingDateJune 15, 2022
grant_single|financingType
Loans and Capital investments
grant_single|eligibleIndustries
- Manufacturing
- Information and cultural industries
- Professional, scientific and technical services
- Health care and social assistance
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 venture capital investors to help you build and grow your business in Canada and internationally.
grant_single_labels|projects
There are projects and activities eligible for this grant. The grant supports initiatives that promote diversity, equity, and inclusion in businesses.
- Developing programs to support underrepresented entrepreneurs
- Creating training sessions on unconscious bias and inclusion
- Implementing strategies to enhance workplace diversity
grant_single|admissibleProjectsExample
$90,000
Create an inclusive workspace for artists
$150,000
Establish a venture capital fund to invest in minority-owned tech startups
$60,000
Launch training sessions on unconscious bias and workplace diversity for Montreal-based companies
$140,000
Launch a startup incubator focused on women-led businesses
$72,000
Implement a diversity-focused recruitment strategy for small businesses
$120,000
Develop a mentorship program for underrepresented entrepreneurs in the tech sector
grant_single_labels|admissibility
Canada's largest and most active venture capital investor, BDC Capital, offers various funds to support Canadian technology innovators. To be eligible for BDC Capital grants, companies must meet certain criteria:
- Must be a Canadian technology company
- Must be in sectors underserved by traditional funding sources
- Must demonstrate potential for growth and innovation
grant_eligibility_criteria|who_can_apply
Generally, venture capital support from organizations like BDC is aimed towards Canadian technology innovators, especially those in underserved sectors or requiring long-term investment to achieve significant growth milestones. Entrepreneurs developing solutions in areas such as sustainability, climate technology, healthcare, industrial innovation, and IT are typically encouraged to apply. The investment is focused on building world-class Canadian companies with strong growth potential and differentiation in their respective markets.
grant_eligibility_criteria|eligible_expenses
There are eligible expenses for this grant, which include:
- Equity investment in Canadian technology innovators
- Expert advice and guidance for building world-class companies
- Access to a vast network to support growth and development
grant_single_labels|criteria
The evaluation and selection criteria for this grant include:
- Impact potential of the proposed project
- Strength of the business model
- Competitive landscape analysis
- Team expertise and track record
- Alignment with the fund's focus areas
grant_single_labels|register
- Step 1: Visit the official BDC Capital website
- Step 2: Navigate to the "Resources" section
- Step 3: Look for the specific grant or funding program you are interested in
- Step 4: Review the eligibility criteria and application requirements
- Step 5: Follow the instructions provided to submit your application
grant_single_labels|otherInfo
Here is additional relevant information for venture capital funding in the context:
- BDC Capital is Canada's largest and most active venture capital investor, emphasizing its extensive experience and longstanding presence in the technology sector.
- They are highly committed to investing in underserved sectors, illustrating a willingness to engage with higher-risk markets.
- BDC Capital boasts a broad network enabling them to provide unique opportunities and connections not commonly available to other investors.
- Numerous funds aim to target specific initiatives, such as women-led businesses, sustainability, and deep tech innovations.
- There is a clear focus on inclusivity and diversity, with designated resources and funds to support and empower diverse entrepreneurs and women in technology.
Apply to this program
Empowering Canadian Technology Innovators with Venture Capital
This grant offers valuable capital investment opportunities for technology-driven enterprises in Canada, aiming to foster world-class innovations and sustainable growth. With a focus on underserved sectors, it leverages extensive experience and connections to provide more than just financial support, offering mentorship and strategic guidance as well.
Detailed Insights Into the Venture Capital Grant Initiative
The Canadian venture capital grant initiative is structured to accelerate the growth of technology companies within Canada by providing them with both the financial backing and strategic resources necessary to succeed on a global scale. This initiative recognizes the potential of technology-driven businesses as critical engines of economic growth and innovation, and it seeks to nurture these enterprises by offering them tailored financial solutions along with comprehensive support services.
As Canada's largest and most active venture capital investor, the initiative stands out in its ability to deliver patient and stable investment, strategically targeting firms that are positioned in sectors often overlooked by traditional financing means. By being unafraid of risk, the initiative enables these companies to explore innovative solutions and embark on ambitious projects that might otherwise remain unfunded. This forward-thinking approach ensures that Canadian enterprises can maintain competitive edges while paving paths for new technological breakthroughs.
Moreover, the grant initiative encompasses a diversified portfolio of funds, each designed to focus on specific needs and emerging trends within the technology sector. Such funds include the Seed Venture Fund, Sustainability Venture Fund, Climate Tech Fund, and the Thrive Platform for Women, among others. Each of these funds caters to distinct sectoral challenges and opportunities, ensuring that every part of Canada's tech ecosystem receives the attention it deserves. For instance, the Climate Tech Fund emphasizes funding projects that have the potential to mitigate environmental impact, reflecting a commitment to sustainability. Similarly, the Thrive Platform for Women uniquely focuses on accelerating women-led ventures, promoting diversity and inclusion in the tech industry.
This initiative not only provides capital but also opens doors through its vast network of connections, offering grant recipients exclusive opportunities that might not be available elsewhere. By combining financial support with access to a network of industry veterans and experts, the grant enables companies to forge valuable partnerships, access new markets, and achieve exponential growth.
Furthermore, attention to Environmental, Social, and Governance (ESG) principles and Diversity, Equity, and Inclusion (DEI) is integral to this initiative. It actively promotes practices that foster a sustainable and inclusive business environment, offering resources such as the DEI Toolkit to help enterprises implement these principles effectively.
Ultimately, this venture capital grant acts as a catalyst for innovation by focusing on the comprehensive development of technology businesses. It encourages enterprises to not only pursue economic success but also to consider their broader impact on society and the environment. By doing so, the initiative contributes significantly to building a resilient and robust Canadian economy, poised for future challenges and opportunities in the tech landscape.
In essence, this grant initiative is more than just a funding mechanism; it's a strategic partnership that empowers technology innovators across Canada to grow, innovate, and make a lasting impact, thereby redefining the possibilities of what's achievable in the tech sector today.
