ICBS Limited (ICBT)

[Rhinegold]

BDC - http://www.ic.gc.ca/eic/site/054.nsf/eng/00065.html

BDC Financing
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Website and Administrative Organization(s): BDC Financing
Business Development Bank of Canada
Relevance: Program or service that is directly targeted to the funding or support of large, new and/or strategic advanced technology initiatives
Industry: All Industries


Location: Canada
Objective(s): Innovation Financing is designed to help innovative businesses position themselves to take advantage of new markets and new technologies.
http://www.ic.gc.ca/eic/site/054.nsf/eng/00065.html
Repayable loans can be used to:
implement or develop an innovation strategy;
develop new products or services;
purchase technologies for product and process improvement;
introduce quality management standards (such as ISO or HACCP);
plan and implement marketing or growth strategies; and
develop and train staff or develop foreign markets.
Focus:
Financing
Pre-commercialization Technology Development
Product Development
Process Development

Eligibility: Eligible participants include companies with growth potential, a solid business plan, sound management team and a viable strategy.

Eligible activities may include:
increasing inventory to boost sales and receivables;
providing working capital required to develop new markets and products;
paying R&D costs associated with introducing these new products or services;
financing development of e-commerce initiatives, such as websites and software integration;
implementing a marketing plan or growth strategy;
exploring new export markets;
adopting quality management standards, such as ISO certifications and HACCP; and
offering consulting services to help evaluate your export and technology needs in order to improve the overall efficiency and productivity of your business.
Value: Loan contributions are assessed on a project-by-project basis.