Newcomer entrepreneur
BDC is the bank devoted to Canadian entrepreneurs. We provide financing and advisory services to small and medium-sized businesses at every stage of growth. This includes access to the right tools and resources, such as training, networking, partnerships and more.
Succeed as a newcomer entrepreneur
Experienced as a business owner or not, BDC helps immigrants handle the typical challenges of building a company in Canada.
- Little to no credit history
- Limited knowledge of the local business environment
- Cultural and language barriers
Not yet comfortable in English or French?
That’s okay. Some of our content is available in these languages:
Access between $25,000 and $50,000 to grow your company
No credit history? That’s okay—ask about our Newcomer Entrepreneur Loan*.
*Subject to approval.
You are eligible if you:
- Have been in operation for at least 12 months and generated revenues
- Immigrated to Canada less than three years ago
- Have a permanent resident status or protected person status
- Have a viable business plan
Additional financing options
FUTURPRENEUR CANADA
Your business has been in operation less than 12 months and generating revenues
Entrepreneurs aged 18 to 39 may be eligible for up to $60,000 and two years of mentoring.
Your business has been in operation at least 12 months and generating revenues
Interest-free loans up to $40,000. Contact your primary financial institution for information.
MORE THAN $50,000?
Your business has been in operation at least 24 months and generating revenues
Financing tailored to your needs.
Learn about starting a business in Canada
Glossary
Get familiar with terminology
Browse the glossary to learn business terms regularly used in Canada.
Tool
How to write a business plan
Make sure it supports your loan application and serves as a management tool.
e-Learning
How to start a business
Take advantage of our video clips and practical advice to get your business off the ground.
Enroll now. It's freeTestimonial
We had a lot to learn about how to do business in a new country! BDC helped us launch our business on time for ski season, which was essential for us!