InvestmentCanadaExpand a Business

BDC Growth Venture Fund

The $500 million Growth Venture envelope continues and expands on the mandate of the previous Funds I and II. It targets late-stage, innovation-based businesses that are at an inflection point and show strong potential for meaningful scale.

Offered by Business Development Bank of Canada (BDC)

Amount

No fixed amount

Quick eligibility check

Years in business
No minimum stated
Employees
No limit stated
Revenue
No limit stated
Legal structure
No requirement stated
Location
Anywhere in Canada

Who can apply

Targeting companies seeking venture funding with revenues of $10 million or more

We look for venture-backed Canadian companies that leverage innovative technologies and business models in areas including:

  1. Artificial intelligence (AI) and machine learning (ML) applications for eCommerce, AgTech, EdTech, HealthTech
  2. Blockchain technology for Fintech, Cybersecurity, Insurtech
  3. TravelTech, MarTech

About the funding

We take a flexible approach as lead or syndication partners, supporting company management teams and other investors. We strive to give companies the time and resources to scale globally.

Late-stage equity investment for Canadian companies

Supporting primary or secondary issuances

Similar programs

ProgramTypeAmountStatus
BDC Growth & Transition Capital: Transfer a businessLoan, InvestmentFinancing from $250,000 to $35M, repayable over a period of 2 to 8 years, with capital payments postponable for the first 12 monthsOpen
BDC Growth Equity PartnersInvestmentEquity investments from $3M to $45M, acquiring ownership stakes up to 49%, for growth capital or an ownership transitionOpen
BDC Industrial Innovation Venture FundInvestmentNo fixed amountOpen
Co-produce with usInvestment, In-Kind SupportNo fixed amountOpen