Export Development Canada

Export Development Canada (EDC) operates as Canada's official export credit agency, a Crown corporation with a primary mandate to support and develop Canada's export trade and international investment. Unlike traditional venture capital firms, EDC's investment strategy is deeply integrated with its national economic development goals, focusing on empowering Canadian companies to succeed on the global stage. It provides a comprehensive suite of financial solutions, including loans, guarantees, insurance, and direct equity investments, specifically targeting businesses with significant international growth potential.

EDC's investment arm plays a crucial role in the Canadian innovation ecosystem, often acting as a strategic co-investor alongside private sector venture capital and private equity firms. Their focus is on high-growth Canadian companies that are either already exporting or possess a clear and compelling strategy for international expansion. EDC's capital can take various forms, including venture capital and growth equity, designed to help companies scale their operations, enter new markets, and enhance their global competitiveness. This patient capital approach aims to foster long-term success for Canadian enterprises.

The typical investment size for EDC's direct equity contributions to companies generally ranges from $1 million to $10 million, often as part of larger syndicated rounds. This positions them to support growth-stage companies requiring substantial capital to execute their global ambitions. Beyond direct funding, EDC also provides invaluable market intelligence, connections, and risk mitigation services, leveraging its extensive global network. In 2023 alone, EDC facilitated over $100 billion in trade and investment for Canadian companies, underscoring its significant impact on the nation's economic prosperity and global footprint. Its unique position as a government-backed entity allows it to take a longer-term view and support strategic sectors vital to Canada's future.