Simon Fraser University’s RADIUS Ventures has signed an agreement with the Business Development Bank of Canada (BDC) that is designed to help support social entrepreneurs. Under the terms of the partnership, BDC will donate a portion of every loan fee to RADIUS Ventures, which will use the funding to support its Slingshot venture accelerator program. In addition, BDC and RADIUS will collaborate on a series of workshops, addressing issues including globalization, strategy and growth management, IT infrastructure, Certified Beneficial Corporation (B Corp) certification, and financing. The program is part of a pilot launched by BDC to provide lending services for social and environmental projects in British Columbia.
