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Thrive Venture Fund

Women-led tech equity investment platform

Offered by
Business Development Bank of Canada (BDC)
Official source: bdc.ca

Source change captured

Funding available
Varies by project
Deadline
Open continuously
Location
Canada
Who can apply
Seed and Series A/B women-led Canadian technology companies seeking equity investments.
See full eligibility

Overview

Thrive Venture Fund backs women-led Canadian technology companies with equity investments to accelerate growth and transform markets. It focuses on seed and Series A/B businesses with strong growth and scalable market potential across a wide range of sectors.

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
All revenue ranges
Organisation size
All organization sizes
Audience
  • Women
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

Latest changes

Thrive Venture Fund scope broadened

The Thrive Venture Fund page now says it targets pre-seed through Series B women-led Canadian technology companies, and it adds new team profiles.

See more

The Thrive Venture Fund page broadened its stated investment stage from seed and Series A/B to pre-seed through Series B for women-led Canadian technology companies. The team section also adds new investment profiles and links, including Adrianna Czornyj, Olga Cruz, Sony Nguyen, and David Uponi.

Official source: bdc.ca
October 1, 2026

Eligibility

Who is eligible?

  • Seed and Series A/B women-led Canadian technology companies seeking equity investments.

Eligible geographic areas

  • Canada

Additional information

  • The platform is designed to partner with visionary, disruptive women entrepreneurs for the long term.
  • It aims to create Canadian champion companies led by trailblazing women leaders and collaborate with ecosystem partners to support more women entrepreneurs in Canada.

Official sources

Thrive Venture Fund

Program guide

Canadian female founders take on Silicon Valley with BDC and TCS

Application form

Fonds ExcellesThrive Venture Fund

Supporting document

Women in technology videos
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Frequently Asked Questions about the Thrive Venture Fund Program

What is the Thrive Venture Fund?

Thrive Venture Fund backs women-led Canadian technology companies with equity investments to accelerate growth and transform markets. It focuses on seed and Series A/B businesses with strong growth and scalable market potential across a wide range of sectors.

What is the deadline to apply?

The program is accepting continuous intake

Who is eligible for the Thrive Venture Fund program?

To be eligible for the Thrive Venture Fund program, you must: The applicant must be a women-led Canadian technology company. The business must be seeking equity investments. The company must have strong growth and scalable market potential.

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

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

Where is the Thrive Venture Fund available?

The Thrive Venture Fund program is available across Canada.

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

Thrive Venture Fund is a Loans and Capital investments

Who are the financial supporters of the Thrive Venture Fund?

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