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Government of Canada, Business Development Bank of Canada
Loan to expand into the defence market
Helps Canadian businesses in the defence sector access financing and expert advice to grow and innovate. Supports companies developing defence technologies or looking to diversify into the defence market.
Combines financing, advisory services, and venture capital to help Canadian businesses scale, strengthen capabilities, and launch new technologies in the defence sector. It provides flexible financing for long procurement cycles, supports upfront investments, offers expert guidance for operational readiness, certifications, compliance, workforce development, and includes direct investments in defence-focused or dual-use technologies.
Business Size: small, medium, large
Industries: defence, aerospace, artificial intelligence, quantum, critical minerals, advanced energy, electronics, cybersecurity, advanced manufacturing, biotechnology
Region: Canada
Revenue Range: From $100K
Other Criteria: already operating in the defence space, have capabilities or technologies that can be adapted to the sector (dual-use), at least 12 months of operations, generating revenue, can meet quality, traceability, cybersecurity, and delivery requirements reliably, repeatedly, and under constraint
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This program is available to small, medium, large businesses in defence, aerospace, artificial intelligence industries located in Canada.
This program offers funding up to $50,000,000.
Check the official program website for current deadlines.
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