BDC – Industrial Innovation Venture Fund (2022)

Description:

The Industrial Innovation Venture Fund invests in companies and entrepreneurs who are accelerating the transformation of core Canadian industries that form the backbone of the national economy, including agriculture and food technologies, resource extraction technologies and advanced manufacturing.

  1. Manufacturing 4.0;

  2. Agri-tech and Food-tech;

  3. Extractive industries (Mining, Oil & Gas, etc.).

Comments on Funding:

Funding will take the form of direct investment.

Eligibility:

Applicants must be:

  • early-stage equity investment – Series A and beyond;
  • seeking Canadian companies with demonstrated market validation;
  • supporting companies in sectors of Canadian economic advantage
  • Manufacturing 4.0,
  • Agri-tech and Food-tech,
  • Extractive industries (Mining, Oil & Gas, etc.).

Other Things to Note:

The program was launched in June 2019 and administers $250 million in capital.

Testimonials:

Industrial Innovation Venture Fund – BDC

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *