Partnership initiatives were undertaken with the Business Development Bank of Canada, (BDC) an organization with a proven program delivery track record. Funding was for 2009-2010, and flowed directly to the BDC to deliver the funding.
To strengthen this presence, the Government injected $50 million worth of capital into the BDC to support early stage venture capital activities in southern Ontario.
For more information on the venture capital services available through BDC, visit the Business Development Bank of Canada website.