BDC boosts clean-technology venture fund

The Business Development Bank of Canada is committing an additional $135-million to its venture fund that supports Canadian clean-technology startups which offer products and services to improve energy efficiency in businesses.
“Our goal is to intensify our support for innovative Canadian entrepreneurs who are leading the way in the transition to a low-carbon economy,” Jerome Nycz, BDC Capital’s executive vice-president, said in a statement to be released Wednesday.