BDC, EDC to offer $50 mln to tech companies going global
Business Development Bank of Canada (BDC) and Export Development Canada (EDC) have launched a two-year program to provide $50 million in new financing to Canadian technology companies engaged in, or planning to engage in, an international business. Companies will be able to access working capital loans of up to $1 million. BDC and EDC will also refer clients to each other to increase capital access and networking opportunities. Federal Innovation Minister Navdeep Bains said the initiative will give technology companies "strong partners to help them scale up and tap into international markets."
13 June 2018•4 mins read
