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
Negotiated case by case
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 funding: Negotiated case by case. 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
Negotiated case by caseUp 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
2/5

Difficult — significant preparation needed

Competition
3/5

Moderate competition — prepare a strong application

Difficulty
4/5

Complex — detailed documentation needed

Processing Time
Budget Trend
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How to qualify

Insider tips, common pitfalls, and what successful applicants look like

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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.

Premium See what trips up most applicants for this program — and how to avoid it.

Rejection Pitfalls 5

  • Business lacks a credible connection to the defence or national security sector
+4 more pitfalls
Premium See the most common reasons applications get rejected — before you submit yours.

Success Profile

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Evaluation Criteria

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Premium All 5 pitfalls, the checklist and the reviewer notes are in the Playbook below. See what it includes ↓

How BDC Defence Platform judges your application

What the reviewer scores, what gets applications rejected, and what to write.

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Written answers2≈350 words from the funder’s limits
Judged on2 criteria
Can reject you3 rules
To attach1 document

Distilled from 6+ source documents on bdc.ca, condensed into one brief. Sources as of 2026-09-07.

6 of the sources

What BDC Defence Platform favours

Expand into defence market with readiness and long-term intent◦

“With the right capabilities, readiness, and long‑term intent, companies can successfully expand into the defence market.”

1 more, in their words

The form2 prompts shown

Defence fit7 sections
  1. 1Defence-related industriesselectionno limit
  2. 2Defence strategy intentselectionno limit
  3. 3Information related to defence activitieswritten answerno limit

    Please provide a high-level overview of your operations and how they are involved in the defence industry.

  4. 4DND or PSPC salesselectionno limit
  5. 5Defence certifications or permitsselectionno limit
  6. 6Tier 1 opportunityselectionno limit
  7. 7Tier 2 opportunityselectionno limit
Support and financing need3 sections · ≈350 words
  1. 8Type of supportselectionno limit
  2. 9Borrowing amountshort answerno limit
  3. 10Challenges or opportunitieswritten answer · 2,000 characters

    What challenges or opportunities are you facing, and how can we help?

StrongNorth pitch1 section
  1. 11StrongNorth pitch deck (separate pillar)uploadno limit

bar = length the funder allows, from its stated limits

9 more prompts, in the funder’s words

Judged against4 questions · 2 criteria

  1. 1

    Do you actually fit the defence market?

    Show them Show your current or planned defence work, the certifications you hold or are obtaining, and any DND, PSPC, Tier 1 or Tier 2 customer path.◦

    In the funder’s words · 1
    • With the right capabilities, readiness, and long‑term intent, companies can successfully expand into the defence market.
  2. 2

    Can you deliver reliably under constraint?

    What to show, and the funder’s 1 criterion behind it in Premium

  3. 3

    What do you need from BDC?

    What to show them in Premium

  4. 4

    Is StrongNorth a fit for you?

    What to show them in Premium

Where applicants failin BDC Defence Platform’s words

“We do not expressly match businesses with defence contractors.”

Premium · the rest of this brief

See all 3 rules that can reject you and every criterion you are judged on. Then we draft your application for you.

1 more criteria · 9 more prompts

$39 / month$299 / year save 36%Every program · Application workspace · 30-day money-backOr unlock this programme’s playbook alone · $19

Do you pass?3 checks

Each one can rule you out. Tick the ones you meet.

You

  • Complete pitch deck, secure link

    We will only review requests with complete pitch decks. Note: Canva links are not accepted.

Your business

  • Defence operator or dual-use capability

    Eligible companies are those already operating in the defence space, as well as those that have capabilities or technologies that can be adapted to the sector (called dual-use).

  • 12-24 months operating, revenue

    Our base requirements are that you have between 12-24 months of operations and be generating revenue.

Documents to attach1

Ticks are kept on this device.

From application to money

  1. Go through BDC intakeUse BDC public intake form
  2. Complete the financing formComplete six-step financing intake
  3. StrongNorth: send a deckSend pitch deck via StrongNorth
  4. BDC follows upBDC follows up on next steps
In the funder’s words · 4
Go through BDC intake
BDC expects you to use the public intake form for the pillar you are pursuing.
Complete the financing form
The financing and advisory route is a six-step contact and project intake.
StrongNorth: send a deck
StrongNorth is a separate five-step pitch route that requires a complete pitch-deck link.
BDC follows up
After the intake, BDC follows up on financing or advisory next steps.

Quoted lines are word for word from the source documents; lines marked ◦ are our reading of them.

What's in this Playbook

Everything you need to secure BDC Defence Platform

Not a marketing summary. The actual checklist, intel, and stack strategy reviewers look for.

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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

Premium The full guide for this program also covers:
  • 5 more application steps
  • 4 more required documents
  • 6 eligible expenses
  • 4 ineligible expenses
  • Deadline notes
  • Ineligible organizations

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 Compares

Side-by-side with similar programs

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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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