Updated June 2026 · Verified against Business Development Bank of Canada (BDC) guidelines
✨ New Program Loan Est. 2025
Loan Federal Active

BDC Defence Platform — Financing and Advisory for Defence and National Security

Business Development Bank of Canada (BDC)
Loan Range
Up to $6B
Ongoing — rolling basis through BDC regional advisors
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Difficulty
Hard
Payment
Loan
Trend
New Program
First-Timers
Financing share
Varies
BDC Defence Platform — Financing and Advisory for Defence and National Security provides Up to $6B total platform (expanded March 2026 from original $4B; combines tailored loans for scaling, advisory services for capability development, and venture capital investments in defence/dual-use technologies); individual financing amounts negotiated case-by-case based on project size and creditworthiness. A comprehensive $4-billion financing, advisory, and investment platform launched by BDC in December 2025 to accelerate Canadian SMEs in the defence and national security ecosystem. Applications are accepted on an ongoing basis.
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Eligibility & Details

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Program Description

A comprehensive $4-billion financing, advisory, and investment platform launched by BDC in December 2025 to accelerate Canadian SMEs in the defence and national security ecosystem. The platform combines $3.5 billion in debt financing and advisory services with $500 million in equity investments (through the BDC StrongNorth Fund and Catalyst Innovation Fund) for companies in manufacturing, critical minerals, AI, robotics, quantum, aerospace, and cybersecurity. Built on a $1 billion capital injection from Budget 2025, the platform is designed to help Canadian businesses enter and scale within defence prime contractor value chains. Note: the BDC StrongNorth Fund (equity, $500M, deep-tech VC) is a separate catalog record — this record covers the broader financing and advisory umbrella.

Eligibility Requirements

  • Canadian SME operating in the defence, national security, or dual-use technology sector
  • Priority sectors: manufacturing, critical minerals, robotics, quantum, aerospace, AI, cybersecurity, and dual-use technology
  • Must demonstrate a credible path to integration with defence prime contractors or allied defence procurement
  • Financially viable with demonstrated ability to service debt financing
  • Canadian-controlled (BDC mandate is to support Canadian businesses)
  • Not exclusively in retail, consumer services, or non-defence sectors (eligible only for defence-adjacent activities)
  • See the BDC Defence platform overview at bdc.ca for current product details.
  • BDC's base requirements: 12–24 months of operations and generating revenue; incorporation is not required — BDC can lend to sole proprietors
Provinces
Industries
Manufacturing Technology Aerospace AI Quantum Natural Resources +1 more
Business Stage
Growth Expansion Established

Quick Assessment

Difficulty
Hard
Competition
Moderate
First-Timer
Not rated

Funding Details

Amount
Up to $6B total platform (expanded March 2026 from original $4B; combines tailored loans for scaling, advisory services for capability development, and venture capital investments in defence/dual-use technologies); individual financing amounts negotiated case-by-case based on project size and creditworthiness
Type
Loan
Level
Federal
Deadline
Ongoing — rolling basis through BDC regional advisors

Program Scorecard

Competition, effort, and approval at a glance

Competition
Moderate
Deadline
Ongoing
Approval
Varies
Accessibility
--/5
Competition
--/5
Approval Rate
--%
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How to qualify

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Insider Tip

BDC does not require an existing prime contractor contract to access the Defence Platform — a credible go-to-market plan targeting the defence supply chain is sufficient to begin the conversation.

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Rejection Pitfalls 5

  • Business lacks a credible connection to the defence or national security sector
+4 more pitfalls
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Success Profile

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Evaluation Criteria

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What's in this Playbook

Everything you need to secure BDC Defence Platform — Financing and Advis...

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Application Playbook

Step-by-step process, required documents, and expenses

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Application Steps

1 Contact your local BDC office or visit bdc.ca Reach out to BDC through their website or local regional office to initiate a financing discussion. Describe your business and its defence sector positioning or ambitions.

Required Documents 6

Business plan with defence sector positioning and growth strategy
Two to three years of audited or reviewed financial statements

Eligible Expenses 6

Ineligible Expenses 4

Deadline Notes

Ineligible Organizations

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Funding Stack Strategy

Compatible programs, clawback risk, and combined funding potential

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Compatible Programs

BDC StrongNorth Fund (catalog record — deep-tech venture equity) NRC IRAP SR&ED Tax Credits Defence Canada IDEaS Program
Combined Funding Potential See your total funding potential

Clawback Risk

Medium Risk

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How BDC Defence Platform — Financing and Advis... Compares

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Program Amount Difficulty Payment Deadline
BDC Defence Platform — Financing and ... Up to $6B Hard Loan Ongoing — rolling basis...
BDC StrongNorth Fund $1M–$15M Hard Equity Ongoing — rolling...
NRC IRAP Clean Technology Program $100,000–$500,000 Hard Mixed (Advance + Reimb.) Ongoing
Strategic Response Fund (formerly Str... Minimum $10 million contribution Hard Mixed (Advance + Reimb.) Ongoing — continuous...
CanExport SMEs Up to $50,000 Moderate Mixed (Advance + Reimb.) Between intakes — the...

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