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1. What is a letter of credit? Article

A letter of credit is essentially a financial contract between a bank, a bank's customer and a beneficiary. Generally issued by an importer’s bank, it guarantees the beneficiary will be paid once the conditions have been met.

2. Venture Capital Action Plan (VCAP)

The Venture Capital Action Plan helps grow and strengthen Canada’s VC sector by investing in and supporting funds of funds and individual venture capital funds.

3. Venture Capital Catalyst Initiative (VCCI)

The Venture Capital Catalyst Initiative (VCCI) recapitalizes and launches Canadian capital funds with a combination of government and private investor contributions.

4. GP Academy

GP Academy is a first-of-its-kind program developed together with the Kauffman Fellows Program to strengthen the performance of Canadian VC funds.

5. Kauffman Fellows Program Partial Scholarship

BDC Venture Capital provides subsidies that allow future Canadian VC leaders to develop their expertise through the esteemed Kauffman Fellows Program.

6. Gross profit margin Definition

Understand what the gross profit margin means for your business, and how it is calculated.

7. Net profit margin ratio Definition

Understand what the net profit margin ratio means for a business and how it is calculated.

8. Market capitalization Definition

Find out what market capitalization is and what it shows about the public value of a business.

9. Michelle Scarborough

Michelle Scarborough is Managing Partner, Strategic Investments and Women in Technology Venture Fund.

10. Geoff J. Catherwood

Meet Geoff J. Catherwood, Partner, Industrial, Clean and Energy Technology Venture Fund.

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