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BDC earmarks $300 million in loans for Atlantic Canada companies

BDC is making an additional $300 million in commercial loans available to Atlantic Canada entrepreneurs, building on a $280 million commitment announced in 2017….

Prospect adds founding partner BDC as it looks to fill Canada’s talent gap

Non-profit, Prospect has brought on BDC Capital as a founding partner as it looks to fill a data and talent gap in Canada’s tech…

BDC looks to “double down” on industrial tech with $250 million venture fund

BDC Capital has launched a $250 million Industrial Innovation Venture Fund to invest in tech companies and entrepreneurs working in agriculture, foodtech, resource extraction,…

Innerspace closes $3.2 million seed round led by BDC’s Women in Tech Fund

Toronto-based Innerspace has announced the close of a $3.2 million CAD seed round as it looks to expand the presence of its indoor location…

Terramera secures $13 million CAD investment from BDC

Technology for clean food company Terramera announced Thursday that it has received $13 million CAD in growth capital financing from BDC. “Our goal is…

BDC Capital teams up with Vertu Capital to acquire Toronto-based Firmex

BDC Capital and Vertu Capital have partnered to acquire virtual data room (VDR) provider Firmex, from Montreal-based private equity firm Novacap. Firmex is a…

BDC report: Labour shortage will curb business investment in 2019, spending will shift to IP, R&D

According to a new report by the Business Development Bank of Canada (BDC), Canada’s labour shortage is the top reason business owners will hold…

BDC paying $69.7 million dividend to Canadian government

BDC has reported that it will pay a dividend of $69.7 million to the Canadian government, calling it a record for the firm. In…

Industrial safety platform Focus FS raises $1.4 million from BDC Capital

St. John’s-based Focus FS, which is developing cloud-based solutions to safeguard industrial worksites, has closed a $1.4 million financing round led by BDC Capital….

BDC and EDC offering $50 million in loans to tech companies involved in exporting

BDC has partnered with Export Development Canada (EDC) to provide $50 million in funding to Canadian tech businesses involved in exporting over two years….

BDC investing total $40 million in four cleantech companies

BDC announced today that it is providing $40 million in funding to four Canadian cleantech companies. The investments are the first of a $700…

CanCon Podcast Ep. 109: How BDC spends your money to support Women in Tech

When #Budget2018 dropped, we had many questions about the gap between the government’s narrative and the specifics of its spending, particularly with BDC’s Women…

BDC financing $325,000 in loans to support entrepreneurs with mental health and addiction challenges

BDC is financing $325,000 in loans to support entrepreneurs with mental health and addiction challenges. The money will be allocated by Rise Asset Development,…