Business Development Bank of Canada (BDC) Technology Financing

Amount:

no fixed amount

Type:

Loan

Description:

BDC offers a Technology Loan designed to assist businesses in optimizing performance and increasing profitability through strategic investments in technology. Investing in technology is recognized as one of the most effective ways to drive growth, reduce costs, and boost productivity, making this loan an invaluable resource for companies looking to enhance their operational efficiency and overall financial performance.

Comments on Funding:

Funding takes the form of a loan. Take advantage of preferred terms and conditions for loans over $350,000.

Deadline:

Continuous Intake

Eligibility:

Applicants must:
1. be Canadian-based businesses;
2. be Canadian residents;
3. be in operation for at least 12 months and generating revenues;
4. have reached the age of maturity in the province or territory where they reside.

Application Steps:

Apply online.

Documentation Needed:

No specific documentation has been identified.

Other Things to Note:

Maurice

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Canada to identify and maximize funding to grow their business.

How to Start a Cleaning Business in Calgary

Business Audience Grants in Canada: Opportunities for Underrepresented Founders

Business Activity Grants in Canada: Powering Expansion for Entrepreneurs

Industry Grants in Canada: Funding to Drive Expansion in Your Sector

The Ultimate Checklist: How To Start A Taxi Business In BC

Wheels of Fortune: How To Start A Food Truck Business In BC

Calgary Business Permit: Your Fast-Track Guide to Starting Up

4 Steps to Obtain Your Calgary Business License

Cooking Up Success: How To Start A Food Business In Calgary

Hauling Success: How To Start A Logging Truck Business Calgary