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Ottawa boosts venture-capital financing to female-led tech companies

The Globe and Mail, November 15, 2017 – The federal government is expanding its venture-capital funding to female-led startups in the face of mounting concerns women are underrepresented in senior roles at tech companies and that their enterprises don't attract as much financing as those led by men. Business Development Bank of Canada (BDC) on Wednesday will announce it is increasing a $50-million commitment to finance women-led tech firms made one year ago by $20-million. The $70-million fund is to be invested over five years.

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