Business Development Bank of Canada

The Business Development Bank of Canada (BDC) is a government-owned financial institution established in 1944, headquartered in Montreal. It aims to foster economic growth and job creation by providing financial products and services primarily to small and medium-sized enterprises (SMEs) across Canada. BDC offers a range of services, including business loans, subordinate financing, venture capital, and consulting support in areas such as strategic planning and human resource management. The bank serves various industries, including aerospace, automotive, construction, food and beverage, manufacturing, mining, oil and gas, technology, and tourism. With a network of over 100 offices, BDC operates in both official languages, ensuring access to its services for a diverse clientele nationwide.

Trevor Allibon

Managing Director, Subordinate Financing

Timothy April

Managing Director

Cheri Corbett

Senior Partner, Cleantech Practice

Saif Hashmi

Principal

Vern Malcolm

Managing Director, Growth and Transition Capital

Jérôme Nycz

Executive Vice President, BDC Capital

Matt Price

Managing Director, Growth and Transition Capital

Sal Rabbani

Managing Partner, Advisory Services

Andrianiaina Rajaobelina

Associate Principal

Michelle Scarbourgh

Managing Partner, Thrive Venture Fund for Women and Women in Technology Venture Fund

Kunle Tauhid

Vice President, Financing and Consulting

Ronald Warburton

Managing Partner

Angelo Zeni

Managing Director, Growth and Transition Capital

Past deals in Nova Scotia

SmartMed

Grant in 2020
SmartMed mission is to design and implement smart, customizable, and user-friendly software solutions that save time, and empower users to efficiently manage the information they need so they can focus on the quality of the process.

Meta Materials

Convertible Note in 2020
MTI, a smart materials and photonics company which is changing the way we use, interact and benefit from light. From healthcare to defense, energy to aerospace– the possibilities are endless

ReelData

Seed Round in 2019
ReelData AI develops artificial intelligence software specifically designed for aquaculture, focusing on monitoring finned fish. The company's technology enables fish farms to assess biomass, monitor sea lice, and evaluate fish health in real-time. By providing insights into weight distributions, feeding patterns, and growth, ReelData AI's solutions help optimize fish health and reduce feed consumption. Established in 2019 and headquartered in Halifax, Canada, ReelData AI is committed to enhancing operational efficiency within the aquaculture industry.

Spring Loaded

Grant in 2015
Spring Loaded Technology Inc. specializes in the design and development of innovative bionic knee braces aimed at enhancing mobility and reducing pain. The company's flagship product, the Levitation knee brace, is the first compact device of its kind, designed to assist individuals with knee osteoarthritis, injuries, and those engaged in various athletic and skilled trades activities. Spring Loaded also offers the UpShot tactical knee brace, built for individuals facing higher joint stresses, and the Levitation Ski brace, which helps reduce muscle fatigue for ski enthusiasts. Their products are suitable for a wide range of activities, including weightlifting, running, cycling, and gardening, as well as for individuals recovering from strokes or dealing with neurological conditions. By utilizing advanced technology that absorbs energy when bending the knee and redistributes it during extension, Spring Loaded's braces enhance leg strength and relieve pressure on the knee joints. Established in 2012, the company is headquartered in Dartmouth, Canada, and sells its products online.
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