BDC Seed and Commercialization Funds Initiative
BDC's $100 million Seed and Commercialization Funds Initiative will invest in 5 new independent seed and commercialization Venture Capital funds across Canada.
Criteria for investment
- Minimum fund size: $40 million.
- BDC will invest $20 million per fund and must be able to play a significant role within the investor group.
- Funds will be Canadian private equity limited partnerships with standard terms and conditions.
- Funds will make all initial investments in Canada in the commercialization of technology.
- Established management team with at least 2 principals:
- with operational experience in an early-stage technology company.
- no less than 5 years successful "pure" seed and commercialization technology investing experience with several exits each demonstrating a superior personal track record in the Venture Capital industry.
- Funds and management teams must be wholly-based in Canada and be completely independent of other organizations.
- Fund principals must contribute an investment of at least 1% of aggregate fund commitments and devote 100% of their time to the operation of the fund.
- Funds must have a detailed business plan setting out the fund's strategy and competitive advantage.
- Co-investment rights.
BDC Specialty Fund Investments
BDC invests in Canadian Venture Capital funds focused on a specific industrial sector, stage of development of investee companies, or geographic area.
Criteria for investment
- Established team with a proven track record in the Venture Capital industry.
- Networked with international industrial players and international Venture Capital funds.
- Specialized and focused practice.
- BDC must be able to play a significant role within the investor group.
- Co-investment rights.
- Knowledge-based industry focus portfolio.
Take the next step…
If your fund meets the criteria above, BDC would like to hear from you. Our process begins with receiving from you a detailed and comprehensive business plan for your proposed fund.
Please mail your business plan to:
Tim April
Director, Fund Investments
Eastern Canada
Phone: (613) 947-1929
Contact by email
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