Sustainability Venture Fund
The Sustainability Venture Fund, established by the Business Development Bank of Canada (BDC), is a $150 million initiative aimed at investing in early-stage Canadian companies developing technologies that contribute to a net-zero economy.
- BDC
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
Request Funding Information
Related Funding Opportunities
Explore similar funding opportunities that match your goals.
Other Grants and Funding by Region
More Grants and Funding by Industry
Commercial Fisheries Industry Support ProgramOPEN
- Northwest Territories Department of Industry, Tourism and Investment