BDC Thrive ETA Fund
Government fundMontréal · Seed–Late Stage · 1 people tracked
Investment thesis
The fund is a first-of-its-kind national initiative deploying $50 million to advance women's business ownership through acquisition. It addresses the underrepresentation of women in ownership amid a wave of retiring Canadian business owners. $40 million goes to direct investments in women acquiring established businesses via search funds, management buyouts, or self-funded searches, while $10 million backs private equity and search fund investors supporting women-led acquisitions. It targets businesses with EBITDA between $1-$5 million across all industries and regions of Canada, and offers up to 25% in search capital plus mentorship and peer community support.
Source: firm website, verified Aug 3, 2026.
Team · 1 people
from the firm's website
What they invest in
from 1 of 1 portfolio companiesFintech ×1
HQs:Canada×1
Investments · 1 tracked
founders shown can be your intro pathBusiness Development Bank of Canada (BDC) provides financing, advisory services, and educational resources to Canadian entrepreneurs and small and medium-sized businesses.
Fintech
Co-investorsBDC Climate Tech Fund IIBDC Fund Investments (Fund-of-Funds)BDC Growth Venture FundBDC Industrial Innovation Venture FundBDC Life Sciences Venture FundBDC Seed Venture Fund+8 more
Portfolio news
latest coverage across their companies
BDC Capital · betakit.com · Aug 20, 2026
Frequently asked questions
- What stage does BDC Thrive ETA Fund invest at?
- BDC Thrive ETA Fund invests at the Seed, Series A, Series B, Series C, Growth, Late Stage stages.
- What sectors does BDC Thrive ETA Fund focus on?
- BDC Thrive ETA Fund focuses on Cloud Computing, SaaS, Sector Agnostic.
- Where is BDC Thrive ETA Fund located?
- BDC Thrive ETA Fund is headquartered in Montréal, CA.
- Who does BDC Thrive ETA Fund co-invest with?
- BDC Thrive ETA Fund most often shares deals with BDC Climate Tech Fund II, Clean Energy Ventures, GrandBanks Capital, among 14 tracked co-investors.
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