BDC Thrive ETA Fund

Canada
OtherPE / DebtEst. C$50MBDC Website / BetaKit 2026

Investment Thesis

The Thrive Entrepreneurship Through Acquisition Fund is a $50M first-of-its-kind national initiative empowering women to acquire and operate established mid-sized Canadian businesses with EBITDA of $1–$5M through search funds, management buyouts, or self-funded searches. The fund provides $40M in direct equity investments, $10M in ecosystem co-investments, search capital up to 25%, expert mentorship, and community support to address systemic barriers women face in business ownership while capitalizing on the succession opportunity created by retiring Canadian business owners.

Focus Areas

Investment Stage
OtherPE / Debt
Sectors
Mid-market BusinessesDiverse Sectors

Investment Signals

Check SizeC$40M
GeographyCanada-only
RoleLead
Revenue Stagepost-revenue required
Impact MandateYes

AUM & Sources

Est. C$50M
Assets under management (estimated)
Sources
No public sources found.
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