BDC Capital's venture capital commitments top $1 bln in 2014
The Business Development Bank of Canada (BDC) reported that its client list of Canadian entrepreneurs running small and medium-sized businesses hit a record 32,000 last year. Its activities in 2014 included authorizing $114.8 million in investments in support of Ottawa's Venture Capital Action Plan (VCAP) and creating BDC Capital, which brings together the bank's two teams responsible for venture capital and growth and transition capital. The bank also reported BDC Capital's venture capital investment commitments now exceed $1 billion. The growth and transition capital group, profiled by peHUB Canada last November, accounted for $231.5 million in financing in 2014.
23 July 2015•3 mins read
