Up to $500,000 financing in form of equity investment for Canadian companies backed by a qualified venture capital firm and affected by the COVID-19 pandemic
BDC Capital Bridge Financing Program
Type of Funding
Venture Capital
Max Funding
500,000.00
Region
Federal/National
Application Difficuty
Average
Processing Time
Slow (A few months)
Province
All Of Canada
Industry
N/A
Funding Goals
COVID-19 Help.
Demographic
N/A
Incorporated
No
Contact
1-877-232-2269
Get A Fast Business Loan
Business location – Canada Monthly Revenue – $10K + Time in Business – 6 months +
Funds in 24 hours
$5,000 to $500,000
No hidden fees
No collateral
Applying doesn’t impact credit score
Financial support in form of convertible note for Canadian companies impacted by the COVID-19 crisis, already backed by a qualified venture capital firm and that have raised at least $500,000 in external capital prior to applying to the program. Financing can match the capital previously raised.
Eligibility
To be eligible, companies must be Canadian, backed by a qualified venture capital firm, have raised at least $500,000 in external capital before applying for the program, and be specifically impacted by Covid-19.