Business Development Bank of Canada


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Business Development Bank of Canada

A government-owned corporation in Canada that provides financing, advisory, and venture capital services for small businesses and start-ups. The BDC helps promote economic growth, particularly for exporters and technology companies. Bonds issued by the BDC are guaranteed by the Canadian government. It was established as the Industrial Development Bank in 1944.
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In connection with the loan, Semcan issued 1,045,000 common share purchase warrants to Business Development Bank of Canada exercisable at CAD0.14 per share until 8 February 2014.
Cormier credits some of this to his positive experience with the Business Development Bank of Canada (BDC), with whom he'd been a client as a partner in a series of gas station and grocery businesses in northern British Columbia before buying Harvest King in 2002.
Last fall, he received the 2005 Business Development Bank of Canada's Young Entrepreneur Award for Nunavut.
The facility had been put on the auction block by the Business Development Bank of Canada after accumulating a $1.7 million debt.
In 1993, the Business Development Bank of Canada (BOC) recognized that the Canadian venture capital industry was embarking on a new phase of growth.
The panel will be supported by representatives from the Women Entrepreneurship Knowledge Hub and the Business Development Bank of Canada; by the Special Advisor on Scale Up to the Honourable Mary Ng, Minister of Small Business and Export Promotion; and by the work of the Canada-United States Council for Advancement of Women Entrepreneurs and Business Leaders.
These include the Regional Business Centre, the Nickel Basin Federal Development Corporation, and the Business Development Bank of Canada.
Montreal, Canada, May 05, 2010 --(PR.com)-- Beetext, Inc., a leading provider of enterprise productivity and workflow management solutions, announced that the Business Development Bank of Canada (BDC) has chosen the complete suite of Beetext workflow solutions.
That is an important, but only a single element in a well-managed company, said Jean-Rene Halde, president and CEO of Business Development Bank of Canada (BDC).
On hand to present were Sharon Manitowabi of the Waubetek Business Development Corporation (www.waubetek.com) which acts on behalf of Aboriginal Business Canada (www.abc.gc.ca); Jim Richardson of the Business Development Bank of Canada (www.bdc.ca); and Elaine Lickers from the Royal Bank Financial Group (www.royalbank.com).
According to Michel Re, senior vice president, emerging markets, of the Business Development Bank of Canada (BDC), the major shift observed last year is a sign that the industry has come of age.
The proposed amendments expand key services to include regional development agencies, the Business Development Bank of Canada, and all services offered through Service Canada centres.
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