BDC Capital Women in Tech BDC Capital - Women in Tech
Product Details
Product Name: BDC Capital - Women in Tech
Overview: DC Capital, the investment arm of the Business Development Bank of Canada (BDC) is injecting $50 million into women-led technology firms as part of its efforts to support women entrepreneurs. Women-led firms are vital to Canada's prosperity and competitiveness, says Alison Nankivell, Vice President, Funds and Co-investment, BDC Capital. Recognizing the need for financial and non-financial support for female founders, we are proud to launch several new initiatives to encourage women tech founders who are starting new companies, growing existing ones, creating jobs and triggering innovation. $40 million will be used to create a new program for women-led tech firms. The program will include both venture and growth capital and will be open to new and existing BDC Capital clients as well as to graduates of partner accelerators. Initial deployment will start by the end of 2016 and the program will target high-potential and quickly growing female-led tech companies. BDC Capital will allocate an additional $10 million to support regional initiatives beginning with the MaRS Investment Accelerator Fund to form a new womens pre-seed and seed fund and increase depth of network and resources for women founders. With its anchor investment, BDC is seeking to raise additional capital from other interested investors.
Issues Focused: Gender Equality
Asset Class: Private Equity (Early Stage)
Geography: Canada
Impact Measurement
IRIS 4.0 Social Impact Objectives: Access to Clean Water, Access to Education, Access to Energy, Access to Financial Services, Access to Information, Agricultural Productivity, Disease Prevention, Employment Generation, Food Security, Health
IRIS 4.0 Environmental Impact Objectives: Energy and Fuel Efficiency, Natural Resources Conservation, Pollution Prevention & Waste Management, Sustainable Energy, Water Resource Management
IRIS 4.0 Targets: Women
Impact Evidence Type: Thesis Aligned Data: Report high-level data on investee practices and activities, which are aligned with investment thesis.
BDC Capital Women in Tech

Last updated by BDC Capital Women in Tech on 05 Nov 07:55

Investment Details
Legal Structure: Other
Product Stage: Not Specified
Part of Series: First
Investment Availability: Closed
Minimum Investment:
Investor Eligibility: Institutional Investors
Assets Under Management: AUM > $50M
Average Management Fees %:
Average Performance Expectations: 0% ≤ Expectations ≤ 4%
Performance To Date: Not Specified