Open
BDC Financing — Tech Companies
Tailored financing for Canadian tech companies
Last Update: May 28, 2026
Funding available
Varies by project
Timeline
- Open Date : March 23, 2022
Location
Canada
Overview
This program offers tailored business loans for technology companies in Canada. Funding can support growth projects such as go-to-market plans, product development, hiring, marketing, acquisitions, and expansion into new markets.
/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
- Varies by project
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.
Documents Needed
- Basic business information
- Recent financial statements or revenue details
- Business model overview
- Growth plans
Eligibility
Who is eligible?
- Technology companies
- Software and SaaS businesses
- Digital services firms
- Technology-enabled businesses
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
- Canada
Processing and Agreement
- BDC reviews the request and contacts the applicant for a detailed discussion.
- Approval timelines vary depending on the request and the information provided.
- If approved, BDC sends a tailored loan offer.
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?
This program offers tailored business loans for technology companies in Canada. Funding can support growth projects such as go-to-market plans, product development, hiring, marketing, acquisitions, and expansion into new markets.
Who is eligible for the BDC Financing — Tech Companies program?
To be eligible for the BDC Financing — Tech Companies program, you must:
Based in Canada
Generating revenue
Good credit history
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)