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Source verified July 8, 2026
BDC Financing — Tech Companies
Tailored financing for Canadian tech companies
Latest source updateLast Update: May 7, 2026Latest change: BDC added new FAQ content for the tech loan page, expanding the guidance on what information is needed, who can apply, and how the loan can be used.View change
Latest source update
Last Update: May 7, 2026
Latest change: BDC added new FAQ content for the tech loan page, expanding the guidance on what information is needed, who can apply, and how the loan can be used.
BDC Tech Loan page updated
BDC expanded the tech loan page with new FAQ sections that spell out the information needed to apply, the expected approval timing, and the main steps in the process. The page also adds clearer guidance on eligible tech businesses in Canada, including SaaS, digital services, recurring revenue, and common growth uses such as hiring, product development, and market expansion. The financing positioning has also been clarified by explaining how the loan differs from venture capital and how ARR or MRR can factor into assessment. Contact and application links appear largely unchanged, with only minor navigation-level updates visible.
Funding available
$ 10,000
Deadline
Open continuously
Opened March 23, 2022
Location
Canada
Who can apply
Canadian citizens or permanent residents who have reached the age of majority in their province or territory of residence.
See full eligibility
Overview
Loan for Tech Companies is a BDC financing solution for technology businesses operating in Canada. It supports growth plans such as go-to-market initiatives, product development, hiring, sales and digital marketing, acquisitions, and expansion into new markets.
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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
- Minimum amount : 10,000 $
Funds Providers
Eligible candidates
Eligible Industries
- All industries
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
- Accelerate go-to-market initiatives and projects between funding rounds.
- Develop new products or solutions.
- Hire or retain employees, including developers and product teams.
- Invest in sales, advertising, digital marketing, cloud infrastructure, software or digital tools.
- Buy another business or expand into new markets.
Official resources
Eligibility
Who is eligible?
- Canadian citizens or permanent residents who have reached the age of majority in their province or territory of residence.
- Technology businesses operating in Canada.
- Software and SaaS companies.
- Digital services firms.
- Technology-enabled businesses.
How to apply
- Submit a loan request online and tell BDC about your project and your business.
- Talk to a representative who will discuss your project in detail and the documents needed for analysis.
- If approved, receive a tailored loan offer based on your financial needs and capabilities.
Processing and Agreement
- BDC will call you to discuss your project in detail and the documents needed for its analysis.
- Approval timelines vary depending on the complexity of the request and the information provided.
- If approved, BDC will send a loan offer based on your financial needs and capabilities.
Contacts
Frequently Asked Questions about the BDC Financing — Tech Companies Program
What is the BDC Financing — Tech Companies?
Loan for Tech Companies is a BDC financing solution for technology businesses operating in Canada. It supports growth plans such as go-to-market initiatives, product development, hiring, sales and digital 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 track record
What expenses are eligible under BDC Financing — Tech Companies?
Accelerate go-to-market initiatives and projects between funding rounds.
Develop new products or solutions.
Hire or retain employees, including developers and product teams.
Invest in sales, advertising, digital marketing, cloud infrastructure, software or digital tools.
Buy another business or expand 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) by email at none or by phone at 1-877-232-2269.
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)