Search results
$250,000
- The fund provides loans of up to $250,000 to support Black business owners and entrepreneurs across Canada and lays a foundation for future success and long-term change.
ised-isde.canada.ca/site/black-entrepreneurship-program/en/black-entrepreneurship-loan-fund-frequently-asked-questionsBlack Entrepreneurship Loan Fund - Frequently asked questions
People also ask
Who is Business Development Bank of Canada?
How does BDC support entrepreneurship in Canada?
How much financing does the BDC accept in Canada?
What is the Business Development Bank of Canada Act (BDC Act)?
How much funding does the BDC provide?
Why do Canadian businesses need BDC services?
We are BDC, the Business Development Bank of Canada and the financial institution devoted to Canadian entrepreneurs. We help create and develop strong Canadian businesses through financing, advisory services and capital, with a focus on small and medium-sized enterprises.
- Client Space
We would like to show you a description here but the site...
- Financing
Financing - BDC - The Bank for Canadian Entrepreneurs |...
- Contact US
Contact US - BDC - The Bank for Canadian Entrepreneurs |...
- Consulting Services for Canadian Businesses
BDC Advisory Services. Our team of subject-matter experts...
- Security
Security - BDC - The Bank for Canadian Entrepreneurs |...
- About
BDC supports businesses with loans, consulting services and...
- Confidentiality
We limit how much personal or business information we...
- Capital
Capital - BDC - The Bank for Canadian Entrepreneurs | BDC.ca
- Client Space
BDC supports businesses with loans, consulting services and capital for growth and transition projects. Learn more about who we are and what we do.
Sep 10, 2024 · BDC’s services will add an estimated $23.6 billion in GDP to Canada’s economy over the next five years, while supporting 37,700 jobs. BDC’s clients employ 1.2 million Canadians, roughly 7% of the country’s active workforce, and the annual revenue of these clients is $435 billion.
BDC is financially self-sustaining. [8] Since 1998, it has been profitable and paid a total of more than $746 million in dividends to its sole shareholder, the Government of Canada. [9] On June 8, 2022, BDC’s Board of Director authorized the repurchase of $5.0 billion of its common shares.
Since 2010, the BDC's support for Canadian entrepreneurs has evolved to better meet the needs of SMEs and address Government of Canada priorities. As of 2022, the BDC supported 95,000 direct and indirect clients across Canada, serviced by its network of over 110 business centres.
The Business Development Bank of Canada (BDC) is a Crown corporation created by Parliament and wholly owned by the Government of Canada. It reports to Parliament through the Minister of Industry. BDC fulfills its mandate by providing financing, venture capital and consulting services to entrepreneurs.
It operates profitably and since 1995, has declared and paid $157 million in dividends to the Government of Canada. BDC currently serves approximately 28,000 entrepreneurs. BDC provides its services through four operational units: BDC Financing; BDC Subordinate Financing; BDC Venture Capital and BDC Consulting.
