Transcript BDC - Financing Development

FINANCING DEVELOPMENT
Ideas to stay ahead of the game
October 1st, Iqaluit, Nunavut
We share the entrepreneurial spirit
that drives Canadian businesses
> 2,000 dedicated 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
> $17 billion in assets
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Financing development
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
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Financing development
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)
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Financing development
Consulting: When to call BDC
> Operational efficiency
> Sales and marketing
> Business planning
> HR management
> Global expansion
> Information & communications technology (ICT)
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Financing development
Aboriginal
Banking
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
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Financing development
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
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Financing development
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
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Financing development
Financing equipment purchase and
working capital
BDC financing compliments other loans
Client requirements
Amount
Financing
Equipment purchase
$185,000
Aboriginal Business Canada
$82,000
Canadian Youth Business
Foundation
$11,000
BDC Financing: Aboriginals
$25,000
BDC Financing: Equipment
$75,000
Shareholder investment
$50,000
Working capital
Total
$58,000
$243,000
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Total
Amount
$243,000
Financing development
Financing a commercial project
on a reserve
BDC provided financing for a commercial project involving
leases signed with major lessors
Client requirement
Supplier of premises on
the reserve
Total
Amount
$ 29,000,000
$ 29,000,000
Financing
Amount
BDC Corporate Finance
$ 14,500,000
Pari-passu institution
$ 14,500,000
Total
$ 29,000,000
Benefits: The Band obtained a guarantee of long-term revenue for community development through
rental/tax revenue (99-year lease) on reserve lands.
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Financing development
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 universitylevel students
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Financing development
Thank you!
Patrick Lamarre
Manager, Aboriginal Business Services—Quebec, Atlantic and Nunavut
Business Development Bank of Canada (BDC)
514 697-5659
[email protected]
1 888 INFO BDC
bdc.ca