Thrive Venture Fund for Women-Led Businesses

Join us to learn about how women-led businesses can access venture capital through BDC’s Thrive Venture Fund, the largest investment platform of its kind in the world. Michelle Scarborough, Managing Partner, Venture Capital, Women in Technology, will answer any and all questions you may have about how you can take advantage of this fund to grow your Canadian business.

Women-founded start-ups in Canada must work harder to raise the funding they need and continually do more with less when compared to similar male-led companies. Yet, data shows substantially higher revenue per investment dollar; 78 cents of revenue per investment dollar for women-led start-ups versus just 31 cents for men, according to Boston Consulting Group. All of which serves to validate the idea that diverse teams are imperative to make better business decisions and deliver stronger results.

This event is hosted by the executive of Manitoba Women in Tech Meetup and is open to ALL women entrepreneurs in Manitoba. We encourage you to join us to learn if this fund is a fit for your organization.

Note:
** You'll need to RSVP on both platforms.

REMO is the virtual networking & event platform where you'll interact via video with the speaker, Ambassadors, and other attendees.

MEETUP is where our MBWiTech members receive updates and communications about our events.

Agenda:
11:50 am Event Opens, Networking begins
12:00 pm Michelle Scarborough, Managing Partner, Venture Capital, Women in Tech
12:20 pm Questions and Answers
12:40 pm Networking
1:00 pm Event closes

Speaker Bio:
Michelle Scarborough, Managing Partner, Venture Capital, Women in Tech

Michelle Scarborough is a Managing Partner at BDC Capital where she leads the Women in Technology Venture Fund - one of the world’s largest venture funds investing in women-led technology companies. In addition to setting overall strategy, she is responsible for strategic leadership, fund management and investments across her portfolios. She has led numerous investments, driven exits, and works with female and diverse founders while supporting initiatives to build a healthy future for tech leaders.

Michelle is active in the Canadian tech ecosystem, serving on the Canadian Venture Capital & Private Equity Association’s Diversity and Inclusion Committee, Creative Destruction Labs’ Advisory Board, and Venture Capital Association of Alberta’s Board of Directors. She is past Chair of the National Angel Capital Organization and a co-founder of the Women’s Angel Network.

BDC launches $500 million Thrive Venture Fund and Lab for Women

Thrive will be the largest investment platform of its kind in the world, supporting Canadian women-led businesses for them to grow and have a lasting impact on the economy.

“With the launch of the Thrive platform, BDC is once again taking a bold initiative that demonstrates the enormous potential of women-led businesses for investors in Canada and worldwide,” said Isabelle Hudon, President and CEO of BDC. “This investment is intended to unlock the promise of Canadian women entrepreneurs, providing them with greater opportunities and ultimately, a better shot at success on the global stage. We believe that tapping into the incredible potential of these women can become a significant driver of economic prosperity for the country.” Hence the new name: ‘’Thrive.’’ It is simply not enough to have more women starting and building businesses. It is vital to Canada’s economy that these trailblazers have access to everything they need to become tomorrow’s global

The Manitoba Women in Tech Meetup series, powered by BDC Capital’s Women in Technology and Thrive Venture Funds, aims to connect women in tech throughout Manitoba to advance gender quality and promote the advancement of women in technology.