• Hannah Ross

Did you Know you can Leverage BDC Financing to Fund your Project?

Building a marketplace is extremely exciting but like anything it can be overwhelming. When starting out, it’s important to surround yourself with a solid network and an experienced team that can point you in the right direction.

Marketplace Studio offers an end-to-end ecosystem that connects founders or business owners with a collaborative team of experienced professionals that can help bring your marketplace or development project to life. We provide a solution that puts an end to hiring multiple individual contributors to work on one project. Instead, our team brings together specialists and marketplace experts that collaborate to create a stellar final product.

One of the biggest challenges for business owners is securing funding. The BDC provides funds for Canadian startups that are in the early stages of development. At the date of application businesses must have been in operation for at least 12 months in addition to generating revenue. Like Marketplace Studio, the BDC intends to provide you with the resources you need to turn your business ideas into a reality.

Financing for Tech Companies

The BDC is one of Canada’s most important tech investors which can largely be attributed to their in-depth understanding of how business owners and tech founders spend money differently than businesses in other industries or sectors. The BDC has specific loans that have been designed for tech companies in addition to many other financing solutions that may help you fund various elements of your business including development.

The Bank for Canadian Entrepreneurs

The BDC is the bank for Canadian entrepreneurs. Their experienced specialists will help you secure the financing you need to get your startup off the ground. You can use financing from the BDC to promote your solution or product, invest in advertising and marketing, execute your commercialization strategy, or boost your growth plan. You can even get additional funds to speed up your go-to-market plan.

In addition, you can leverage the financing that you receive from the BDC to pay for services like competitive marketplace research, target user research, business plan creation and guidance, marketplace design systems, marketplace branding development, design thinking sprints, interactive prototypes, UX testing and validation, integration and partnership proposals, business requirement documents, design specification documents, and technical user stories.

Additional services offered by Marketplace Studio include database architecture design, frontend framework selection, backend framework selection, frontend development, backend development, QA manual testing, QA automated testing, cyber security audits, production releases, and optional long-term support.

Have you Completed your Project?

If you’ve completed your development project with Marketplace Studio and need to attract customers to generate sales, you can lean on the dedicated team of specialists at the BDC to help you find a suitable solution. Finding the funds you need to attract more customers and generate sales post launch can be a challenge but luckily the BDC offers financing, advisory services, and capital.

Additionally, our team at Marketplace Studio offers optional long-term support should you need any assistance or guidance post launch. Your success is important to us and that’s why we continue to offer you our undivided attention and support upon completion of the project.

Learn more About your Eligibility

The BDC is designed to help you secure financing quickly and efficiently with flexible repayment terms and offers a variety of financing solutions for every stage of growth. Click here to learn more about your eligibility.

Where Do I Start?

We want to establish a relationship that is built on trust and passion upfront which is why we start every partnership with a complimentary 30-minute consultation. We use the time during this call to establish trust and determine if we can support you on your journey to success. It’s important for us to be passionate about the projects that we take on and it’s equally as important for you to trust us with your big idea. Learn more.