Business Development Bank of Canada has formed a corporate innovation and venturing initiative and hired Michelle Scarborough to oversee strategic investment initiatives.
Financial services firm Business Development Bank of Canada (BDC) has launched a corporate innovation and venturing program and hired Michelle Scarborough as managing director for strategic investments and its Women in Tech fund.
BDC said the scheme would “help corporate management teams define their needs and guide them to appropriate options across the ecosystem”.
The initiative will include startup-to-corporate “collision days”, access to accelerator-run corporate programs, VC fund-to-corporate interactions and best practice training in managing a corporate venture fund, BDC…
