BDC Capital — Capital de risque ### 📋 Eligible Entities - Early-stage and growth-stage companies operating in Canada or with Canadian operations - Private corporations with high growth potential - Startups in technology, life sciences, clean technology, and other innovation-driven sectors - Entrepreneurs and founding teams with a viable business model and market opportunity - Companies seeking $250,000 to $15+ million in venture capital - Businesses demonstrating scalability and competitive advantage - Companies with experienced management teams or founders willing to build them Note: Non-profits, sole proprietors, and established low-growth businesses are typically ineligible --- ### 💰 Funding Details - Funding Range: $250,000 to $15+ million (varies by fund and stage) - Investment Structure: Equity investment (not a loan or grant—BDC takes ownership stake) - Funding Type: Non-dilutive to certain thresholds; typical equity stake ranges from 10–49% - Repayability: Not repayable as debt; returns generated through company exit or buyback - Matching: No matching requirement; BDC may co-invest with other venture capital partners - Terms: Flexible negotiation based on company stage, risk profile, and capital needs - Access to Capital: Multiple BDC venture capital funds focus on different sectors and stages (seed, Series A, B, growth) --- ### 🛠️ Approved Expenses - Product Development & R&D: Technology development, innovation, and prototyping - Market Expansion: Commercialization, go-to-market strategy, and geographic expansion - Working Capital: Operations, inventory, and operational scaling - Talent Acquisition: Hiring key personnel and building management teams - Infrastructure & Assets: Equipment, facilities, and technology infrastructure - Marketing & Sales: Customer acquisition, brand development, and sales team expansion - International Expansion: Entering new markets in Canada or abroad - Strategic Acquisitions: Purchasing complementary businesses or assets - General Growth Initiatives: Any use supporting business scaling and revenue growth