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FINANCING DEVELOPMENT. Ideas to stay ahead of the game. October 1 st , Iqaluit, Nunavut. 2,000 dedicated and experienced employees help 28,000 entrepreneur clients reach their full potential
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FINANCING DEVELOPMENT Ideas to stay ahead of the game October 1st, Iqaluit, Nunavut
2,000dedicated and experienced employees help 28,000 entrepreneur clients reach their full potential More than 100 Business Centres provide our clients with solutions that meet local economic realities $17billion in assets We share the entrepreneurial spiritthat drives Canadian businesses
A trusted lender, investor, advisor and partner • Financing • Subordinate Financing • Venture Capital • Consulting Why choose BDC • We support Canada’s entrepreneurs • We tailor our support to meet their evolving needs • Our approach goes beyond money
Financing: When to call BDC • Working capital financing • Equipment purchase financing • Real estate financing (land and building) • Market expansion • Corporate financing • Business transition and restructuring • Information and Communications Technology (ICT)
Consulting: When to call BDC • Operational efficiency • Sales and marketing • Business planning • HR management • Global expansion • Information & communications technology (ICT)
BDC Aboriginal Banking • Help Aboriginal businesses succeed Why we are different • Flexible solutions, specially designed for Aboriginal entrepreneurs • Optimize the use of your business assets • Peace of mind • A “beyond the numbers” approach
Sean McCormick
Who are our clients Leading Aboriginal Markets for BDC Retail / Wholesale business Tourism Accommodation Construction Resource Development Art and handicrafts Family & educational entertainment Infrastructure
Growth Capital for Aboriginal Businesses • Up to $25,000 for start-ups • Up to $100,000 for existing businesses • Access to other BDC loans to meet financing requirements • No fees • Competitive interest rates • Loans for businesses on or off reserve
Financing equipment purchase and working capital BDC financing compliments other loans
Financing a commercial projecton a reserve BDC provided financing for a commercial project involving leases signed with major lessors Benefits: The Band obtained a guarantee of long-term revenue for community development through rental/tax revenue (99-year lease) on reserve lands.
Supporting entrepreneurship awareness E-Spirit—Aboriginal youth business plan competition • 5,900 students have participated since 2000 • Former competitors have gone on to operate their own businesses based on their E-Spirit plans Publications • In Busines$ newsletter—Aboriginal edition • SOAR—focused on Aboriginal youth and business Jobs for Aboriginal students • Summer student internship program for college- and university-level students
Thank you! Patrick Lamarre Manager, Aboriginal Business Services—Quebec, Atlantic and Nunavut Business Development Bank of Canada (BDC) 514 697-5659 patrick.lamarre@bdc.ca 1 888 INFO BDC bdc.ca