Monday, March 6, 2017
This Female CEO's Software Startup Received $400K Support From BDC Capital
Funding for female-led technology firms
MacGregor was able to attract the attention of BDC Capital, who has committed $50 million to support technology startups led by women entrepreneurs. The commitment is in addition to the $700 million allocated by the Business Development Bank of Canada (BDC) to fund women-owned businesses. MacGregor was able to secure $400,000 from BDC Capital. She recently received the final $250,000 in funding which has helped the company grow and attract top tech talent.
174% increase in growth
MacGregor has seen her company grow by 174 percent during the past year. The financial investment has been a boost to her business, but it has also made her company more attractive to other investors who now have the "confidence to invest in my business so growth in size and scale can happen faster.”
She hopes her example of success will encourage and inspire other female innovators and increase the number of women in the tech sector.
Read more by visiting www.pehub.com/canada/2017/3/3441991/