This guide for business owners covers current FinDev Canada funding programs, including loans, and other types of financing for entrepreneurs.
This is our dedicated “hub” page for FinDev Canada funding programs. We’ll continuously update this page to reflect changes in programs – so bookmark this page and check back often for updates!
FinDev Canada Mandate
FinDev Canada is a Crown corporation and wholly owned subsidiary of Export Development Canada with a mandate to provide development financing and support to businesses in developing countries—in order to empower women, mitigate climate change and develop markets, consistent with Canada’s international development priorities.
In pursuing its international development mandate, FinDev Canada intends to leverage Canadian capabilities to the extent possible. It selected priority sectors in which Canada is a recognized global leader. Similarly, FinDev Canada operates in many markets where Canada has had a strong presence over time. While respecting the untied nature of its mandate, FinDev Canada seeks to involve other Canadian entities in its business activities and is developing the processes and relationships to achieve that. It will leverage the expertise of the Canadian business community wherever possible, with a focus on businesses with existing international experience and presence, or those that offer solutions that can help enhance the developmental impact of FinDev Canada’s activities. This includes not only sharing local intelligence, expert advice but, to the extent applicable, consider investments in Canadian businesses working in FinDev Canada’s target regions and sectors, as well as exploring opportunities to include Canadian technology in the projects it supports.
Types of Funding FinDev Canada Offers
FinDev Canada offers financial solutions such as debt (loans), equity and guarantees to clients operating in developing countries that demonstrate sustainable social and economic benefits for local communities, with a focus on job creation, women’s economic empowerment and climate change mitigation.
FinDev Canada Funding Programs
FinDev Canada is focusing on three priority sectors:
FinDev Canada usually provides funding to private-sector entities in Latin America, The Caribbean or Sub-Saharan Africa, but it also considers investments in Canadian businesses working in FinDev Canada’s target regions and sectors.
Businesses can check their eligibility here.