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…
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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…
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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…
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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…
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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…
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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….
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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….
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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…
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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…
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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,…
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BDC partners with Women’s Enterprise Organizations to connect with women entrepreneurs
BDC is partnering with Women’s Enterprise Organizations Canada (WEOC) in an effort to better connect and support women entrepreneurs across the country. The partnership…
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BDC report: Canadian businesses plan to invest $140.5 billion in their growth this year
Small and medium-sized businesses plan to invest $140.5 billion in their companies this year to sustain growth, according to a report from BDC. The…
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Federal gov’t giving BDC $700 million to invest in cleantech companies
The federal government will give $700 million over the next five years to BDC for cleantech investments, according to a report from the Canadian…
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