Can you stack BDC Growth & Transition Capital and Futurpreneur Newcomer Startup Program?
Yes. BDC Growth & Transition Capital and Futurpreneur Newcomer Startup Program can be combined. They fund different things, so the trick is simple: apply to each separately and never claim the same dollar twice. Together they reach up to $5.0M in potential value.
BDC Growth & Transition Capital
Business Development Bank of Canada offers flexible financing for SMBs that commercial banks often decline. Subordinate debt, quasi-equity, and patient capital available.
Futurpreneur Newcomer Startup Program
A government-backed startup loan and mentorship package for entrepreneurs who recently moved to Canada and have little or no Canadian credit history. Futurpreneur lends up to $12,500 and BDC matches with up to another $12,500, for a combined $25,000 of equity-free financing. Applicants also get up to two years of one-on-one mentorship plus business planning tools. The program runs on a federal commitment funded through at least 2029.
How to stack them
- 01Confirm you meet each program's eligibility on its own. BDC Growth & Transition Capital and Futurpreneur Newcomer Startup Program are assessed separately.
- 02Apply to each program through its own application. There is no combined form.
- 03Allocate distinct costs to each program. You cannot claim the same dollar of expense under both, but you can fund different parts of the same project.
- 04Track both deadlines and keep the paperwork separated, so each claim stands on its own.
Stacking rules vary by program and change over time. Confirm the current rules with each program, or take the quiz and we will flag the combinations you qualify for.