FINANCING DEVELOPMENT Ideas to stay ahead of the game October 1 st, Iqaluit, Nunavut.

Slides:



Advertisements
Similar presentations
FEDDEV SODP LOAN PROGRAM DK Phillips Consulting Inc.
Advertisements

Aboriginal Banking Catherine Debassige, Manager Aboriginal Business Services, ON December 2011.
This is a presentation for use by Silver Fox Advisors to illustrate for professional service firms the benefits of referring their clients to SFA. Bankers,
1. Is a challenging task Requires a great amount of work and time Involves numerous steps, which include*: 2 – write a business plan – obtain business.
Principles of Management Learning Session # 28 Dr. A. Rashid Kausar.
Sources of Financing: Debt and Equity If you don’t know who the fool is on the deal, it’s you!...Michael Wolff.
Debt Financing ETP Courage: Risk and the Dimensions of Work Life Cycle of a Business Venture Bootstrapping Self, Friends and Family Equity Financing.
Programs. Background The Northern Ontario Heritage Fund Corporation is an agency of Ontario’s Ministry of Northern Development and Mines. The Corporation.
Goal of This Presentation What is an Investment Bank? What are the opportunities? Learning more about the business What is an Investment Bank? What are.
Entrepreneurship and SMEs Sergey Anokhin, Ph.D. Kent State University January 16, 2009.
GUIDE TO ACQUIRING STARTUP FINANCING. CONTENTS 2 BEFORE YOU BEGIN FORECASTING TYPES OF WORKING CAPITAL FINANCING CAPITAL FOR FIXED ASSETS POTENTIAL FUNDING.
Business Development Bank of Canada TechExpo 2004.
Page 2 BDC Profile  BDC is a Crown corporation with a mission to help Canadian entrepreneurs start and grow their companies  For over 60 years, BDC.
Entrepreneurship and New Venture Management
1. 2 Are you ready to start? What is an entrepreneur? –"An entrepreneur is a person who assumes the organization, management and risks involved in a business.
Innovation: The BDC perspective By: Theodore Homa, International Consulting.
©2012 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Barry Toll SEFA Social capital, social enterprise, social finance – what’s it all about?
Sources of Financing: Debt and Equity The variety of commercial funding sources is huge. The trick is knowing them and matching them to the appropriate.
Advanced Managerial Finance Spring Venture Capital It refers to the capital provided to early stage, high potential, high risk, growth startup firms.
Chapter 6 Copyright © 2011 by Nelson Education Ltd. 1 Prepared by Norm Althouse University of Calgary Prepared by Norm Althouse University of Calgary.
1 The Starting Line for business. 2 Successful entrepreneurs are: Ambitious…want more out of life Motivated…to achieve goals Passionate… about what they.
FINANCING. ENTREPRENEURIAL RESOURCES  As a Business owner you must consider both the long term and short term capital needs for your company  What are.
1 Mgmt 371 Chapter Ten Managing New Venture Formation and Entrepreneurship Much of the slide content was created by Dr, Charlie Cook, Houghton Mifflin,
FINANCING THE VENTURE. Financing the Venture  Capital is any form of wealth employed to produce more wealth.  Three forms of capital are commonly identified:
Page 1 New Models for Commercialization Federal Partners in Technology Transfer June 18, 2009 A presentation by: Tom Corr Chief Executive Officer Accelerator.
Community Futures Treaty Seven 5 th Annual Disability Employment Symposium “Keeping the Momentum, Moving Forward” May 17, 2012 Entrepreneurship – Shawna.
Part 4 PowerPoint Presentation by Charlie Cook Copyright © 2003 South-Western College Publishing. All rights reserved. All rights reserved. Finding Sources.
Business Development Bank of Canada: Proud to connect people with their dreams.
Resources BDI3C.
Source of finance All businesses need money to finance business activity. This can be for the initial setting up of the business, for its day-to-day running.
PowerPoint Presentations for Small Business Management: Launching and Growing New Ventures, Fifth Canadian Edition Adapted by Cheryl Dowell Algonquin College.
THE MINISTRY OF ECONOMIC DEVELOPMENT OF THE RUSSIAN FEDERATION The Sixth (6 th ) Meeting of the SME and enterprise policy Subgroup for the EU-Russian Dialogue.
© Iowa SBDC Smart Start Are you ready to become a small business owner? Presented by Iowa Small Business Development Centers and the SBA.
Stage 10 Arranging Financing. Sources of Financing How will you finance your business? Personal savings Credit from suppliers Loans and mortgages from.
An initiative for successful land reform, economic growth, job creation and social cohesion. WITZENBERG PALS PARTNERSHIPS IN AGRI LAND SOLUTIONS 1.
BDC: a complementary partnership. Market challenges Capital is becoming more scarce in the market due to: >Departure of foreign lenders and other traditional.
SMEs in Canada Facts Federal Role. 1 Outline Overview of SMEs in Canada Roles of Government.
Entrepreneurship As a Community Development Strategy John Gruidl and Deborah M. Markley.
Keys to the Kingdom. Kathy Gregory Experienced entrepreneur Started a software company 15 years experience as a real estate agent VP of mortgage lending.
CHAPTER 10: FINANCING AND PRODUCING GOODS.  _mods.php?PROGRAM= &VIDEO =-1&CHAPTER=10
Forms of Business Ownership and Organization Chapter 5.
Chapter 6-3.  The process begins with an idea and concludes with a careful study of information to establish whether the idea can be successful.
INNOVATE: Ideas to stay ahead of the game Michel Carrier, Manager, Major Accounts Forum Aerospace Innovation, December 5 – 6, 2011.
Entrepreneurship: Starting and Managing Your Own Business 6 Chapter © 2004 by Nelson, a division of Thomson Canada Limited.
6-1 McGraw-Hill/Irwin© 2006 The McGraw-Hill Companies, Inc. All rights reserved.
Financing. Definitions ASSETS- things that are owned and have monetary value. ASSETS- things that are owned and have monetary value. CURRENT ASSETS –
Stage 10 Arranging Financing
1 Innovative Financing for Women Entrepreneurs Presentation by: Simone Desjardins, Special Advisor to the President Business Development Bank of Canada.
FUTURE Group TM Canada Your partner in excellence.
3.1 Sources of Financing Chapter 18 Part 2.
Entrepreneurship Mr. Bernstein Financing the Small Business Start-Up, pp December 2015.
Redefining The Rules of Credit. Business Overview Credible is a web app that provides loans backed by predictive analytic algorithm that price the risk.
Entrepreneurship. Entrepreneurial Start-Up Process The Entrepreneur The Environment The Opportunity Start-up Resources New Venture Organization.
Chapter Goals... Explain the role of finance for businesses in terms of capital expenditure and revenue expenditure Explore internal finance options –
 Ventures require many different types of resources in order to be successful and to grow.  Some resources such as furniture, equipment, raw materials,
Industrial Development Corporation February 2016 Basic and Speciality Chemicals SBU Chemical Products and Pharmaceuticals SBU.
Intro to Business, 7e © 2009 South-Western, Cengage Learning SLIDE1 Starting a Small Business Goals Recognize important factors to be considered when starting.
” !! Bahrain Development Bank : “ You are not alone ” !!
Topic 3: Finance and Accounts
1.02 Participate in career-planning to enhance job-success potential.
February 2016 CONFIDENTIAL CIBC Capital Markets We are a strong banking partner dedicated to delivering integrated and customized financial solutions that.
Chapter 7 Obtaining the Right Financing for Your Business University of Bahrain College of Business Administration MGT 239: Small Business MGT239 1.
CONFIDENTIAL CIBC Capital Markets We are a strong banking partner dedicated to delivering integrated and customized financial solutions that meet the unique.
CONFIDENTIAL CIBC Capital Markets We are a strong banking partner dedicated to delivering integrated and customized financial solutions that meet the unique.
Export infrastructure finance & insurance. exiFIN, Ltd. exiFIN, Ltd. (“exiFIN”) is a private international lender of cross border infrastructure equipment.
February 2016 CONFIDENTIAL CIBC Capital Markets We are a strong banking partner dedicated to delivering integrated and customized financial solutions that.
BDC Good day everyone, My name is Mark Tanner and I am an Account Manager at the Business Development Bank of Canada, known as BDC. I am delighted to give.
Funding a Start-up Venture
Financing the Small Business Start-up
Presentation transcript:

FINANCING DEVELOPMENT Ideas to stay ahead of the game October 1 st, Iqaluit, Nunavut

2Financing development We share the entrepreneurial spirit that drives Canadian businesses >2,000 dedicated and experienced employees help 28,000 entrepreneur clients reach their full potential >More than 100 Business Centres provide our clients with solutions that meet local economic realities >$17 billion in assets

3Financing development A trusted lender, investor, advisor and partner >Financing >Subordinate Financing >Venture Capital >Consulting Why choose BDC −We support Canada’s entrepreneurs −We tailor our support to meet their evolving needs −Our approach goes beyond money

4Financing development Financing: When to call BDC >Working capital financing >Equipment purchase financing >Real estate financing (land and building) >Market expansion >Corporate financing >Business transition and restructuring >Information and Communications Technology (ICT)

5Financing development Consulting: When to call BDC >Operational efficiency >Sales and marketing >Business planning >HR management >Global expansion >Information & communications technology (ICT)

Aboriginal Banking

7Financing development BDC Aboriginal Banking ˃ Help Aboriginal businesses succeed Why we are different −Flexible solutions, specially designed for Aboriginal entrepreneurs −Optimize the use of your business assets −Peace of mind −A “beyond the numbers” approach

Sean McCormick

9Financing development Tourism Construction Infrastructure Resource Development Retail / Wholesale business Family & educational entertainment Leading Aboriginal Markets for BDC Who are our clients Art and handicrafts Accommodation

10Financing development Growth Capital for Aboriginal Businesses >Up to $25,000 for start-ups >Up to $100,000 for existing businesses >Access to other BDC loans to meet financing requirements >No fees >Competitive interest rates >Loans for businesses on or off reserve

11Financing development Financing equipment purchase and working capital BDC financing compliments other loans Client requirementsAmountFinancingAmount Equipment purchase$185,000Aboriginal Business Canada$82,000 Working capital$58,000 Canadian Youth Business Foundation $11,000 BDC Financing: Aboriginals$25,000 BDC Financing: Equipment$75,000 Shareholder investment $50,000 Total$243,000Total $243,000

12Financing development Financing a commercial project on a reserve Benefits: The Band obtained a guarantee of long-term revenue for community development through rental/tax revenue (99-year lease) on reserve lands. BDC provided financing for a commercial project involving leases signed with major lessors Client requirementAmountFinancingAmount Supplier of premises on the reserve $ 29,000,000BDC Corporate Finance$ 14,500,000 Pari-passu institution$ 14,500,000 Total$ 29,000,000Total$ 29,000,000

13Financing development Supporting entrepreneurship awareness E-Spirit—Aboriginal youth business plan competition −5,900 students have participated since 2000 −Former competitors have gone on to operate their own businesses based on their E-Spirit plans Publications −In Busines$ newsletter—Aboriginal edition −SOAR—focused on Aboriginal youth and business Jobs for Aboriginal students −Summer student internship program for college- and university- level students

1 888 INFO BDCbdc.ca Patrick Lamarre Manager, Aboriginal Business Services—Quebec, Atlantic and Nunavut Business Development Bank of Canada (BDC) Thank you!