Open
BDC Financing — Technology
Loan to purchase or upgrade technology
Last Update: March 4, 2026
Funding available
$ 350,000
Timeline
- Open continuously
Location
Canada
Overview
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.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Develop an online presence
- Launch or market a product/service
Eligible Funding
- Maximum amount : 350,000 $
- Up to 100% of project cost
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- Information and cultural industries
- Professional, scientific and technical services
Location
- Canada
Legal structures
- For-profit business
- Sole proprietorship
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Indigenous Peoples
- Newcomers to Canada
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
This grant enables businesses to enhance their competitiveness by investing in technology enhancements. Eligible activities focus on acquiring hardware and software, boosting digital capabilities, and leveraging expert advisory services.
- Purchasing technology hardware such as servers, networks, or computers.
- Investing in software solutions across various dimensions like ERP, CRM, HR, and accounting.
- Enhancing digital marketing efforts through new websites, e-commerce platforms, or social media strategies.
- Funding for expert advisory services in IT planning, strategy, security, and online sales.
Eligibility
Who is eligible?
This program is aimed at assisting various entrepreneurs in Canada, including but not limited to Indigenous and newcomer entrepreneurs, by providing preferential loan terms to enhance business competitiveness. Eligible applicants can range from small businesses seeking to invest in technology to tech companies aiming to drive growth and productivity. The loans can cover costs for hardware, software, digital marketing, and advisory services.Eligible expenses
This grant provides financing for technology and digital initiatives to enhance business competitiveness and productivity. Eligible projects can involve purchasing new hardware, investing in software, expanding digital marketing, and obtaining expert advisory services.
- Purchase of hardware including servers, networks, or computers.
- Investment in software solutions of various sizes, such as ERP, CRM, HR, and accounting systems.
- Development and enhancement of digital marketing strategies, including new websites, e-commerce platforms, or social media campaigns.
- Obtaining advisory services for IT planning, strategy, security, and online sales.
Eligible geographic areas
This grant appears to be applicable across Canada due to BDC's mandate to support Canadian businesses. However, specific regional restrictions are not mentioned, suggesting nationwide availability.
- Businesses registered and operating within Canada.
Additional information
Here are additional relevant details for this loan:
- Applicants can take advantage of the BDC's Accelerator Loan Guarantee to facilitate access to funding.
- There is an opportunity to postpone principal payments at the start of the loan, providing more time for financial adjustment.
- Businesses can apply for up to 100% financing to cover the project costs fully.
- Loans include investing in technology to help optimize business performance, growth, and profitability.
- Loan terms and conditions are stable and will not change without due cause, offering peace of mind to the borrowers.
- BDC offers solutions specifically designed for Indigenous entrepreneurs or newcomers to Canada, fostering inclusive entrepreneurship.
- Loans feature preferred terms and conditions for amounts exceeding $350,000.
- Applicants can obtain funds quickly through a streamlined loan process, ensuring minimal disruption to business operations.
Frequently Asked Questions about the BDC Financing — Technology Program
Here are answers to the most common questions about the BDC Financing — Technology. 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 — Technology?
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.
How much funding can be received?
BDC Financing — Technology Funds up to 100% of admissible expenses, capped at $350,000 per project.
What expenses are eligible under BDC Financing — Technology?
This grant enables businesses to enhance their competitiveness by investing in technology enhancements. Eligible activities focus on acquiring hardware and software, boosting digital capabilities, and leveraging expert advisory services. Purchasing technology hardware such as servers, networks, or computers.
Investing in software solutions across various dimensions like ERP, CRM, HR, and accounting.
Enhancing digital marketing efforts through new websites, e-commerce platforms, or social media strategies.
Funding for expert advisory services in IT planning, strategy, security, and online sales.
Who can I contact for more information about the BDC Financing — Technology?
You can contact Business Development Bank of Canada (BDC).
Where is the BDC Financing — Technology available?
The BDC Financing — Technology program is available across Canada.
Is the BDC Financing — Technology a grant, loan, or tax credit?
BDC Financing — Technology is a Loans and Capital investments
Who are the financial supporters of the BDC Financing — Technology?
BDC Financing — Technology is funded by Business Development Bank of Canada (BDC), Government of Canada