Open
BDC Financing — Tech Companies
Loans for businesses in the technology sector
Last Update: March 3, 2026
Funding available
No Condition
Timeline
- Open Date : March 23, 2022
Location
Canada
Overview
Borrow money to help increase working capital, speed up customer acquisition and expand into new markets for your tech company.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Access new markets
- Launch or market a product/service
Eligible Funding
- No Condition
Timeline
- Open Date : March 23, 2022
Eligible candidates
Eligible Industries
- Information and cultural industries
- Professional, scientific and technical services
Location
- Canada
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Indigenous Peoples
- Newcomers to Canada
- Canadians
- Startups
Next steps
1
Determine your project
2
Validate your eligibility
Activities funded
The BDC Financing for Tech Companies provides opportunities for tech-oriented businesses to enhance their growth through strategic financial support. The eligible projects are centered around facilitating expansion, improving market competitiveness, and increasing operational capabilities.
- Boosting growth plans by securing working capital for go-to-market acceleration, product development, and staff expansion.
- Accelerating customer acquisition by investing in sales, advertising, and digital marketing campaigns.
- Surpassing competitors through business acquisition and entry into new markets.
Eligibility
Who is eligible?
This grant opportunity primarily targets Canadian technology companies seeking tailored, non-dilutive financing solutions to support various stages of business growth and development. Eligible applicants include tech-oriented businesses that have been generating revenues for 12-24 months. These companies can include earlier-stage scale-ups looking to secure their market position, as well as established businesses in growth mode. Special financing is accessible for inclusive entrepreneurship, such as Indigenous entrepreneurs or newcomers to Canada.Eligible expenses
The eligible projects for this financing focus on providing financial support to tech companies aiming to enhance their operations and market position. These projects are designed to assist in growth, customer acquisition, and competitive strategy execution.
- Boosting a company’s growth plan through working capital to accelerate market entry, product development, and staffing expansion.
- Speeding up new customer acquisition by investing in sales, advertising, and digital marketing strategies.
- Surpassing competitors by acquiring another business and expanding into new markets.
Eligible geographic areas
The BDC Financing — Tech Companies grant does not specify eligible geographical areas based on the information provided, nor is there any regional eligibility criterion mentioned directly in the context given.
Additional information
Here are additional relevant details for this financing solution:
- Non-dilutive financing solutions are available, allowing entrepreneurs to access capital without giving up equity.
- Payments schedules can be customized to fit the needs of the business, with options to delay principal payments initially.
- BDC offers expertise and support specifically tailored to technology companies, recognizing their unique earning and spending patterns.
- Flexible financial packages can be created by BDC's Growth & Transition Capital experts, which do not rely on traditional banking ratios or tangible assets.
Documents and links
Frequently Asked Questions about the BDC Financing — Tech Companies Program
Here are answers to the most common questions about the BDC Financing — Tech Companies. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the BDC Financing — Tech Companies?
Borrow money to help increase working capital, speed up customer acquisition and expand into new markets for your tech company.
Who is eligible for the BDC Financing — Tech Companies program?
To be eligible for the BDC Financing — Tech Companies program, you must:
The business must be generating revenues for 12-24 months.
The business should have monthly recurring revenues of $50,000 or more. However, other financing solutions are available for those with less.
What expenses are eligible under BDC Financing — Tech Companies?
The BDC Financing for Tech Companies provides opportunities for tech-oriented businesses to enhance their growth through strategic financial support. The eligible projects are centered around facilitating expansion, improving market competitiveness, and increasing operational capabilities. Boosting growth plans by securing working capital for go-to-market acceleration, product development, and staff expansion.
Accelerating customer acquisition by investing in sales, advertising, and digital marketing campaigns.
Surpassing competitors through business acquisition and entry into new markets.
Who can I contact for more information about the BDC Financing — Tech Companies?
You can contact Business Development Bank of Canada (BDC).
Where is the BDC Financing — Tech Companies available?
The BDC Financing — Tech Companies program is available across Canada.
Is the BDC Financing — Tech Companies a grant, loan, or tax credit?
BDC Financing — Tech Companies is a Loans and Capital investments
Who are the financial supporters of the BDC Financing — Tech Companies?
BDC Financing — Tech Companies is funded by Business Development Bank of Canada (BDC), Government of Canada
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