The Business Development Bank of Canada (BDC) is doubling down on Canada’s startup ecosystem with a $50 million boost to its Seed Venture Fund. This investment is designed to fuel the growth of early-stage software companies, especially those leveraging AI in sectors like Enterprise SaaS, Digital Health, and Fintech.
BDC’s extended mission also includes anchoring seed-stage businesses and expanding support in underserved regions. Isabelle Hudon, BDC’s CEO, stressed the importance of nurturing startups nationwide.
Additionally, BDC recently announced Thrive Lab, demonstrating its commitment to investing in social impact-driven women-led businesses at the earliest development stages.
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