Sustainability Venture Fund

Overview of the Sustainability Venture Fund program:

Launched in April 2023, the Sustainability Venture Fund focuses on supporting businesses that align with four key United Nations Sustainable Development Goals (SDGs): Sustainable cities and communities Responsible consumption and production Climate action Affordable and clean energy The fund targets companies with Software as a Service (SaaS), hardware-enabled software, and software-led business models. It invests in seed to Series A and B rounds, emphasizing scalable and economically durable Canadian companies that are creating sustainability-enhancing technology systems with light capital requirements over time.

Benefits of the Sustainability Venture Fund program:

• Access to significant capital for scaling operations
• Support from BDC's extensive network and resources
• Alignment with global sustainability goals
• Potential for follow-on investments as companies grow

Eligibility criteria of the Sustainability Venture Fund program:

• Eligible companies must be:
• Canadian-based
• Developing technologies that align with the specified SDGs
• Operating with SaaS, hardware-enabled software, or software-led business models
• At the seed, Series A, or Series B funding stages
• Demonstrating scalability and economic durability with light capital requirements