The Business Development Bank of Canada, a federal Crown corporation, will host a webinar Thursday, Feb. 24 about how entrepreneurs can capitalize on the trend of rising valuations for tech companies.
The speakers will include BDC’s Brenda Slauko, Regional Director for Technology Industry, and Michelle Scarborough, Managing Partner of Strategic Investments and the Women in Technology Venture Fund. Also speaking will be Stephany Lapierre, CEO of Toronto procurement software-maker TealBook, as well as Mike Wilson, who heads up Edmonton pharmaceutical database DrugBank.
The topics discussed will include unlocking access to growth capital, strategies for tapping into the trend of higher valuations among tech companies and the potential pitfalls of those same high valuations.
“Changes in consumer behaviour, accelerated digitization and the adoption of new technologies have helped Canada’s tech sector thrive. International investors have noticed, leading to record high fundraising and valuations for the sector in 2021,” BDC says on its website.
“This context can help entrepreneurs grow their businesses, but questions remains as to whether such high valuations are sustainable.”
The webinar will be held at 1 pm ADT/1:30 NDT on the 24th and is free. Anyone can register here.
Disclosure: BDC is a client of Entrevestor.