
Business Development Bank of Canada
Business Development Bank of Canada is a banking institution based in Montreal, Canada. Established in 1944, the bank invests primarily in companies involved in the areas of energy & clean-tech, health, information technology, and communications. The group is engaged in both direct (individual company) and indirect (fund) investments, often working with or co-investing with industry partners through investment syndicates. Additionally, the group undertakes strategic investments and partnerships targeted at stimulating the Canadian venture capital and innovation ecosystems. It offers a full spectrum of specialized financing, including venture capital, equity well as growth, and business transition capital through its subsidiary, BDC Capital. The assets of the bank are managed by the executive management team.