Can you stack BDC Thrive Venture Fund for Women and Mitacs Accelerate?
Yes. BDC Thrive Venture Fund for Women and Mitacs Accelerate 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 $500M in potential value.
BDC Thrive Venture Fund for Women
A BDC Capital equity fund that invests directly in women-led Canadian technology companies at the seed and Series A/B stages. It is part of the $500M Thrive platform and looks for businesses with strong, scalable growth across many sectors. This is venture equity, not a loan or grant, so it suits founders who are building a venture-backable company.
Mitacs Accelerate
Matches your company with a graduate student or postdoctoral fellow for a research project. Mitacs covers half the cost of the intern. Strong fit for any business doing technical R&D.
How to stack them
- 01Confirm you meet each program's eligibility on its own. BDC Thrive Venture Fund for Women and Mitacs Accelerate 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.