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Impact Investment Funds in Canada

With impact investing, investors intentionally aim to secure a measurable positive impact while also getting a financial return. This website helps people search for impactful funds available to Canadians.

INVESTMENT DETAILS


ProductBDC Capital - Women in Tech
Description

BDC 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 women's 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.

Asset ClassPrivate equity (early stage)
Product SeriesFirst
Investment AvailabilityClosed
SIZE, PERFORMANCE AND RISK
Product AUMOver $50M
Expected PerformanceUnder 4 percent
Performance to DateNo performance to date
IMPACT DETAILS


Impact evidence typeThesis-aligned Data. Report high-level data on investee practices and activities, which are aligned with investment thesis
UN SDGs
  • SDG 5 – Gender equality
Iris Environmental Objectives
  • Energy and fuel efficiency
  • Natural resources conservation
  • Pollution prevention and waste management
  • Sustainable energy
  • Water resource management
Iris Target Groups
  • Women
Regions Invested In
  • Canada
ISSUER DETAILS


IssuerBDC Capital Women in Tech
Address101 College Street, Suite 310, Toronto ON M5G 1L7
Telephone Number1-877-232-2269
Websitewww.bdc.ca
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