(Ottawa, ON) – August 8, 2012
Export Development Canada (EDC) has joined the Startup Canada National Tour, bringing a global trade perspective to the coast-to-coast effort to support and expand Canada’s entrepreneur sector.
“Entrepreneurs and SMEs are an economic driving force in Canada, and are often a hotbed of innovation. Getting them to think globally from the start will not only help their own bottom line, but Canada’s bottom line as well,” said Rajesh Sharma, Senior Vice-President of Business Development, EDC.
EDC personnel will participate in a number of tour events to meet with export-minded entrepreneurs.
“EDC’s wealth of experience and expertise will be a valuable asset for Canadian entrepreneurs looking to leverage international networks to expand their markets,” said Victoria Lennox, Co-Founder of Startup Canada. “I am pleased to welcome EDC as a sponsor of our National Tour and I look forward to collaborating with them to enable entrepreneurs across all sectors and regions to create new trade and export opportunities for Canada.”
Small- and Medium-sized Enterprises (SMEs) account for more than 75 per cent of EDC’s customers, who use EDC’s financial and insurance products to help protect their receivables, manage their working capital and bid on new business.
EDC can also be a source of venture capital for SMEs. EDC’s Equity program is an active investor in direct venture and growth capital funds, and also partnered investments with private sector fund managers, domestically and internationally.
Startup Canada’s National Tour is nearly complete and has engaged more than 13,000 Canadians in 32 cities so far. The Tour will make its remaining stops through Ontario and British Columbia this September.