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Growth Venture Fund

Late-stage equity support for innovative companies

Record updated

Funding available
Varies by project
Deadline
Open continuously
Location
Canada
Who can apply
Venture-backed Canadian companies.
See full eligibility

Overview

Growth Venture Fund is a $500 million late-stage equity investment program for Canadian venture-backed companies. It supports innovation-based businesses with strong potential for meaningful scale. Eligible opportunities include primary or secondary issuances in AI, machine learning, blockchain, TravelTech, and MarTech.

At a glance

Funding available

Varies by project

Financing goals
No objectives are currently available

Eligible candidates

Location
  • Canada
Eligible Industries
All industries
Annual revenue
$ 10,000,000 minimum revenue
Organisation size
All organization sizes
Audience
All groups
Legal structures
For-profit business

Start applying for this program

Take a practical assessment to gain a clear understanding of how well this program aligns with your specific needs and long-term goals.

Availability timeline

2026
Periods: 1

Eligibility

Who is eligible?

  • Venture-backed Canadian companies.
  • Companies seeking venture funding with revenues of $10 million or more.

Eligible geographic areas

  • Canada

Additional information

  • It continues and expands the mandate of the previous Funds I and II.

Official sources

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Frequently Asked Questions about the Growth Venture Fund Program

What is the Growth Venture Fund?

Growth Venture Fund is a $500 million late-stage equity investment program for Canadian venture-backed companies. It supports innovation-based businesses with strong potential for meaningful scale. Eligible opportunities include primary or secondary issuances in AI, machine learning, blockchain, TravelTech, and MarTech.

What is the deadline to apply?

The program is accepting continuous intake

Who is eligible for the Growth Venture Fund program?

To be eligible for the Growth Venture Fund program, you must: The applicant must be a venture-backed Canadian company. The business must be late-stage, innovation-based, and seeking venture funding. Revenues must be $10 million or more.

Who can I contact for more information about the Growth Venture Fund?

You can contact Business Development Bank of Canada (BDC).

Where is the Growth Venture Fund available?

The Growth Venture Fund program is available across Canada.

Is the Growth Venture Fund a grant, loan, or tax credit?

Growth Venture Fund is a Loans and Capital investments

Who are the financial supporters of the Growth Venture Fund?

Growth Venture Fund is funded by Business Development Bank of Canada (BDC)