BDC funds, advises 49k Canadian business owners: report
The Business Development Bank of Canada (BDC) currently provides financing or advisory services to a record 49,000 Canadian small business owners, up 17 percent from the year before. That's according to BDC’s 2016-17 annual report, released today. Montréal-based BDC, which provides entrepreneurs with risk funding through BDC Capital's venture capital, mezzanine and growth equity arms, has in the past year unveiled several new initiatives. They include a $50 million commitment to women-run technology companies and the launch of a second $135 million clean technology fund. BDC said its consolidated net income stood at $465 million last year.
23 August 2017•4 mins read
