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The Business Development Bank of Canada (BDC; French: Banque de développement du Canada) is a Crown corporation and national development bank wholly owned by the Government of Canada, mandated to help create and develop Canadian businesses through financing, growth and transition capital, venture capital and advisory services, with a focus on small and medium-sized enterprises.
Grants – Grants or "non-repayable contributions" are the funding that does not need to be paid back.; Loans – Loans may be low- or no-interest contributions. Financing methods and repayment requirements vary from conventional loan arrangements to situations in which the business fronts the costs, submits the costs to the agency, receives reimbursement for all or a portion of the costs, and ...
Once the DAP is approved, the qualified businesses can apply for a no-interest loan of up to CA$100,000. To qualify, businesses must be for-profit SMBs with at least one employee, committed to digital adoption, and incorporated in Canada. [4] In February 2024, ISED stopped the program by calling it "fully subscribed". [5]
The Business Development Bank of Canada (BDC) came out with a new, $400 million climate tech fund on Wednesday, which it called a "renewed commitment" to help build "world-class Canadian clean ...
The Business Development and Investment Corporation (BDIC) is a territorial Crown corporation wholly owned by the Government of the Northwest Territories. Its mandate is to help create and develop Northwest Territories businesses through financing, subordinate financing, venture capital and consulting services, with a focus on small and medium ...
Prairies Economic Development Canada (PrairiesCan) is the federal economic development agency of the Canadian Prairies, which encompasses Alberta, Manitoba, and Saskatchewan. [28] [29] [27] Its main priorities focus on community economic development, trade and investment, innovation, and business development. [27]