BDC Financing — Technology
Canada
Loan to purchase or upgrade technology
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Loans and Capital investments
grant_single|eligibleIndustries
- Information and cultural industries
- Professional, scientific and technical services
grant_single|grantors
- Business Development Bank of Canada (BDC)
- Government of Canada
grant_single|status
grant_card_status|open
grant_single_labels|preview
Get a loan with flexible repayment terms to cover up to 100% of the cost of investing in information and communications technology such as hardware, software and related consulting services.
grant_single_labels|projects
Activities eligible for this grant include:
- Investing in hardware such as servers, networks, or computers.
- Purchasing software solutions of all sizes (ERP, CRM, HR, accounting).
- Boosting revenue through digital marketing with a new website, e-commerce, or social media.
- Covering the cost of expert advisory services on IT planning, strategy, security, and online sales.
grant_single|admissibleProjectsExample
$300,000
Vancouver
Creating an e-commerce platform to increase online sales
$180,000
Calgary
Implementing a CRM system to enhance customer relationship management
$150,000
Ottawa
Launching a new interactive website to engage community members
$350,000
Toronto
Implementing a new ERP system to enhance operational efficiency
$200,000
Edmonton
Adopting advanced cybersecurity measures to protect business operations
$250,000
Montreal
Upgrading network infrastructure for improved security and performance
grant_single_labels|admissibility
- Must be a Canadian small business
- Loan amount is over $350,000
- Subject to approval and certain conditions apply
grant_eligibility_criteria|who_can_apply
There are eligible types of companies for this grant. This technology loan is available for small businesses in Canada looking to invest in hardware, software, digital marketing, and advisory services. Eligible companies can benefit from up to 100% financing and flexible terms.
- Small businesses in Canada
- Companies looking to invest in technology equipment
- Businesses in need of financing for hardware, software, digital marketing, and advisory services
- Entrepreneurs seeking flexible financing terms
grant_eligibility_criteria|eligible_expenses
- Hardware: Purchase servers, networks, or computers
- Software: Invest in solutions of all sizes (ERP, CRM, HR, accounting)
- Digital marketing: Boost revenue with a new website, e-commerce, or social media
- Advisory services: Cover the cost of expert advice on IT planning, strategy, security, online sales
grant_single_labels|criteria
There are evaluation and selection criteria for this grant. The evaluation criteria include:
- Financial viability of the project
- Demonstrated need for technology financing
- Potential for growth and increased productivity
- Impact on the company's competitiveness
grant_single_labels|register
- Submit your application online through the designated platform.
- Provide all required documentation including financial statements, business plans, and project details.
- Wait for the application review process to be completed by the grant committee.
- Upon approval, sign the necessary paperwork and agree to the terms and conditions of the grant.
- Receive the funding for your technology project and adhere to the reporting requirements outlined in the grant agreement.
grant_single_labels|otherInfo
- Applicants should be aware that the technology loan offers preferred terms and conditions for loans over $350,000, providing flexibility and convenience for financing tech equipment.
Apply to this program
Technology Loan for Canadian Businesses
Unlocking Growth and Innovation with BDC’s Technology Loan
In today's rapidly evolving business landscape, investing in technology is crucial for companies looking to stay competitive and drive growth. With BDC’s Technology Loan, Canadian businesses can access up to 100% financing to cover the cost of technology projects, including hardware, software, digital marketing, and advisory services.
This loan offers unparalleled flexibility and convenience, with fast and easy approval processes. By leveraging BDC’s technology financing, businesses can optimize performance, boost productivity, and position themselves as industry leaders. Apply now to take advantage of preferred terms and conditions for loans over $350,000 and propel your business to new heights.
Keywords: Technology Loan, BDC, Canadian businesses, financing, growth, innovation
