BDC earmarks $700 mln to finance women-owned businesses

The Business Development Bank of Canada (BDC) has earmarked $700 million of funding over three years to help finance Canadian women-owned businesses. Beyond supporting existing clients, the funding will over this period provide an additional 300 to 400 in loans to companies that are majority-owned by women. Lesley Lawrence, a BDC senior vice president, will lead and support related initiatives. The announcement was made at the federal government's Women Entrepreneurs Forum in Ottawa.

23 March 2015•3 mins read
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