bdc | BetaKit

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 businesses under the expanded Business…

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 the program is to…

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 the federal government’s Business…

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 has decreased over…

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 a first tranche of a…

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 have been affected by COVID-19, BetaKit has…

BDC launches matching investment program for Canadian VC-backed companies affected by COVID-19

According to a letter shared by the Canadian Venture Capital and Private Equity Association (CVCA), BDC Capital today launched the BDC Capital Bridge Financing…

CVCA urges government to expand BDC programs, take additional measures to support Canadian startups

On Friday, the Canadian Venture Capital and Private Equity Association (CVCA) followed in the footsteps of other Canadian innovation organizations, issuing an open letter…

Canadian tech CEOs: BDC loans, payroll subsidy not enough to stop COVID-19 bankruptcies

The COVID-19 pandemic is having an immediate and direct impact on the Canadian tech and innovation sector, leaving business leaders concerned that the current…

BDC spinout Amplitude Ventures closes half of newly-launched $200 million health fund

Amplitude Ventures, a Montréal-headquartered investment firm focused on health and the life sciences sectors has announced the launch of a targeted $200 million CAD…

BDC commits $10 million to “first-if-its-kind” clean energy program

The Businesses Development Bank of Canada (BDC) has committed $10 million to support companies under the federal government-run Breakthrough Energy Solutions Canada (BESC), a…

BDC hands out $7.2 billion in loans, paying record dividend to Canadian government

BDC handed out $7.2 billion in loans in the 2019 fiscal year and is making a record dividend payment to the Government of Canada,…

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….