MSP Corp secures $35 million from BDC Capital, CIBC to fuel acquisition efforts
MSP Corp Investments, a Canadian company focused on acquiring and partnering with managed service provider (MSP) businesses…
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BDC Capital launches new $300 million Growth Venture Co-Investment Fund
BDC Capital has announced the launch of a new $300 million CAD growth-stage venture fund as part of the organization’s “expanded…
BDC Capital launches second $250 million growth equity fund
BDC Capital is launching another $250 million CAD growth equity fund to help mid-market Canadian companies scale. Through the…
BDC Capital launches $200 million fund to bolster Canada’s deep tech ecosystem
BDC Capital has announced the creation of a new $200 million CAD fund designed to invest in and support early-stage Canadian…
BDC survey reveals impact of COVID-19 on entrepreneurs’ mental health
A new report from the Business Development Bank of Canada (BDC) has revealed data on the COVID-19 pandemic’s alarming impact…
NRC IRAP, BDC look to align funding programs to support Canadian tech businesses
The National Research Council of Canada (NRC) and the Business Development Bank of Canada (BDC) have revealed plans to partner…
EnergyX raises $1 million from BDC Capital to fuel US expansion
Toronto-based cleantech startup EnergyX Solutions, which produces software to help businesses and consumers improve energy…
VC division makes up almost half of BDC’s $218 million net loss for 2020 fiscal year, amid COVID-19 volatility
The Business Development Bank of Canada (BDC) doled out $7.4 billion in loans in the fiscal year 2020, an increase of 2.5 percent…
BDC commits $160 million to fund IP development in Canada
BDC Capital has committed $160 million in intellectual property (IP) development financing to support IP-rich companies scaling…
Details on EDC, BDC issuing larger loans to medium-sized businesses through expanded BCAP
The Business Development Bank of Canada (BDC) and Export Development Canada (EDC) are offering new programs to support medium-sized…
BDC Capital reveals more details on investment matching program for VC-backed companies
BDC Capital has revealed more details about its Bridge Financing Program that was announced earlier this month. The goal for…
Applications for emergency co-lending begin to open as BDC finalizes program
The Business Development Bank of Canada (BDC) has finalized details of the $20 billion co-lending program, which is part of…
BDC survey says 90 percent of Canadian entrepreneurs feel negative impact of COVID
A survey conducted by the Business Development Bank of Canada (BDC) has found that while the level of worry around COVID-19…
Clear Blue Technologies secures $5 million debt financing contract with BDC
Smart off-grid company Clear Blue Technologies has received $2 million from the Business Development Bank of Canada (BDC) as…
BDC exploring matching investments for angel-backed startups amid COVID-19
BDC Capital is considering extending its investment matching efforts to include angel investors and angel-backed startups that…