For high-potential cleantech companies with market-ready technology or products and proven potential to scale, BDC is committing $600 million over the next five years (2018-2023) in both new equity and commercial loans. Through this special initiative, we will take on more risk to help high potential cleantech firms scale and expand, including investing in assets, inventory, talent, R&D, sales growth and market expansion.
What we look for
- A stage-appropriate technology or product that has been validated or demonstrated in a commercially representative environment
- A technology or product with commercial traction, significant revenue growth potential and interest from strategic partners
- A clear pathway to profitability and financial sustainability
- The potential and ambition to scale beyond $100 million in annual revenue; and
- Management capacity to execute the firm’s business plan and go-to-market strategy