Current jobs related to Associate, Thrive Venture Fund - Toronto - Business Development Bank of Canada

  • ASSOCIATE PRINCIPAL

    4 weeks ago


    Toronto, Canada BDC Full time

    We are banking at another level. Choosing BDC as your employer means working in a healthy, inclusive, and skilled workplace that puts forward the best conditions to bring together unique teams where employees are empowered to act. It also means being at the centre of ambitious economic and financial projects to see further and to do things differently, to...

  • Venture Associate

    1 week ago


    Toronto, Canada R-LABS Canada LP Full time

    The world is in need of great companies to solve the many significant problems within the real estate and housing industry. These companies, however, do not yet exist. Join our extraordinary team at R-LABS and help co-found them. Be a part of a catalyst for innovative venture opportunities in the $200 trillion real estate industry, help us transform crisis...


  • Toronto, Canada BDC Full time

    A prominent Canadian financial institution seeks an Associate for its Thrive Venture Fund, focused on investing in women-led tech companies. You will lead investment evaluations and manage due diligence processes, collaborating closely with a skilled team to empower future leaders. This role requires 5-7 years of financial experience and strong analytical...


  • Toronto, Canada Thestorywatch Full time

    About Brightspark Brightspark Ventures invests in exceptional Canadian entrepreneurs at the Seed and Series A stages. As one of the longest-standing firms in Canada, Brightspark has a history of success across four institutional venture funds, company incubation, as well as a series of Special Purpose Vehicle syndicates. Brightspark was the first cheque into...

  • Venture Associate

    4 days ago


    Toronto, Canada R-LABS Canada LP Full time

    **Who we are** R-LABS (“Our Labs”) is a partnership of innovative corporations and game-changing entrepreneurs focused exclusively on problems in real estate and housing. Through our proprietary venture building platform, R-LABS co-creates and helps cultivate companies with new business models, to generate a positive impact on the community and build...


  • Toronto, Canada Business Development Bank of Canada Full time

    No other bank is doing what we do. At BDC, we help Canada and its entrepreneurs create a prosperous, inclusive and green economy. Our mission is to help Canadian businesses thrive by providing financing, capital and advisory services. We’re devoted to Canadian entrepreneurs. We’re also dedicated to our employees. Adaptable. Inspiring. Different....


  • Toronto, Canada Business Development Bank of Canada Full time

    Overview Choosing BDC as your employer means working in a healthy inclusive and skilled workplace that puts forward the best conditions to bring together unique teams where employees are empowered to act. It also means being at the centre of ambitious economic and financial projects to see further and to do things differently to fuel the success of Canadian...


  • Toronto, Canada Business Development Bank of Canada Full time

    OverviewChoosing BDC as your employer means working in a healthy inclusive and skilled workplace that puts forward the best conditions to bring together unique teams where employees are empowered to act. It also means being at the centre of ambitious economic and financial projects to see further and to do things differently to fuel the success of Canadian...


  • Toronto, Canada SGGG Fund Services Inc. Full time

    A leading fund administration company in Toronto is seeking a Tax Associate to join their dynamic team. The role involves preparing and reviewing tax calculations, assisting with tax onboarding for new clients, and participating in process improvements. Candidates should have at least 1 year of fund administration experience and a background in finance or...


  • Toronto, Canada SGGG Fund Services Inc. Full time

    A leading fund administration company in Toronto is seeking a Tax Associate to join their dynamic team. The role involves preparing and reviewing tax calculations, assisting with tax onboarding for new clients, and participating in process improvements. Candidates should have at least 1 year of fund administration experience and a background in finance or...

Associate, Thrive Venture Fund

4 weeks ago


Toronto, Canada Business Development Bank of Canada Full time

We are banking at another level.

Choosing BDC as your employer means working in a healthy, inclusive, and skilled workplace that puts forward the best conditions to bring together unique teams where employees are empowered to act. It also means being at the centre of ambitious economic and financial projects to see further and to do things differently, to fuel the success of Canadian entrepreneurs.

Choosing BDC as your employer also means:
- Flexible and competitive benefits, including an Employee Savings and Investment Plan where BDC matches part of your voluntary contributions, a Defined Benefit Pension Plan, a $750 wellness and health care spending account, to name a few- In addition to paid vacation each year, five personal days, sick days as necessary, and our offices are closed from December 25 to January 1- A hybrid work model that truly balances work and personal life- Opportunities for learning, training and development, and much more...

POSITION OVERVIEW

BDC’s Thrive Venture Fund (TVF) is the largest of its kind globally, investing in Canada’s leading female entrepreneurs to drive transformative impact. The $300M fund was launched in the Fall of 2022 with a focused objective of investing in women-led, high growth, innovative technology companies in Canada.

Our investments in female entrepreneurs are bringing game changing solutions to some of the worlds biggest challenges across industries and sectors. We seek highly driven founders and teams who are leveraging breakthrough innovations in technology with triple bottom line vision: focusing on people, planet and profit. TVF is sector agnostic and invests in late seed to Series B companies with strong growth and highly scalable market potential, that bring together the best innovation, team, and resources to transform today’s markets.

As an Associate, you will be an integral member of our investment team and involved in all aspects of the investment and portfolio management process. You will assist the team in building and managing an existing and growing portfolio of investments, work on new investments and help us build the next fund to support even more women in tech in Canada. The next generation of exceptional Canadian technology champions will be led by women, and funded by BDC’s Thrive Venture Fund.

CHALLENGES TO BE MET- Perform market research and scouting to inform the fund’s investment strategy, identifying emerging markets, verticals, technologies, or companies- Conduct initial business plan reviews, support initial communications with entrepreneurs and referring sources, prepare initial interview memoranda and recommendations to pursue or decline deals- Support a workstream of due diligence on companies’ market, competition, management, sales, products, cap table, and other factors that are relevant to determining potential business value and exit strategies- Determine and validate performance metrics, creating valuation models, forecasts and financial pro formas- Draft Investment Memos, most often focusing on the Financials and Market sections- Support Partners leading a deal during presentations to the Investment Committee- Analyze technical documentation and/or work with technical consultants to evaluate technologies, products, and services- Conduct reference calls with competitors, clients, industry experts, and prospect company’s current or past employees-
- Analyze materials from portfolio companies in order to assess company performance, comparing financials to forecasts and models, and relaying potential opportunities and issues;- Participate occasionally in investee board meetings as an observer, keeping abreast of developments and escalating relevant information to Partners- Assist investees with introductions to potential suppliers, investors, and employees- Assist in managing the deal pipeline, quarterly/bi-annual reports, and providing financial analysis- Support other team members as appropriate during the development stage of an investment- Ensure that new and existing investments files are properly documented by monitoring investments, amendments, and disbursements, including financial analysis and forecasting- Support broader fund initiatives as required, including process support, ecosystem analysis/outreach, and other projects as required.- Maintain involvement in associations within the investment community, and keep abreast of significant developments, activities, and initiatives in the industry- Stay on top of the current portfolio, identifying companies that are likely to raise funds for new and follow-on investments, and relaying information upwards

WHAT WE ARE LOOKING FOR- 5 years of venture capital or related experience in a role involving structured thinking, financial analysis, and/or technical expertise.- Bachelor’s degree in Commerce, Economics, Science, Technology, Engineering or Mathematics (STEM).- A post-graduate degree or equivalent certification, completed or in course, is valua