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
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:
- Artificial intelligence (AI) and machine learning (ML) applications for eCommerce, AgTech, EdTech, HealthTech
- Blockchain technology for Fintech, Cybersecurity, Insurtech
- 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
| Program | Type | Amount | Status |
|---|---|---|---|
| BDC Growth & Transition Capital: Transfer a business | Loan, Investment | Financing from $250,000 to $35M, repayable over a period of 2 to 8 years, with capital payments postponable for the first 12 months | Open |
| BDC Growth Equity Partners | Investment | Equity investments from $3M to $45M, acquiring ownership stakes up to 49%, for growth capital or an ownership transition | Open |
| BDC Industrial Innovation Venture Fund | Investment | No fixed amount | Open |
| Co-produce with us | Investment, In-Kind Support | No fixed amount | Open |