This Bank Not Only Serves B Corps It Is a B Corp
BDC is the only bank in Canada focused entirely on serving entrepreneurs. The bank is so excited about serving social entrepreneurs that it has a wide-ranging program to support them and provide the same banking services they provide to other entrepreneurs.
They don’t stop there. Craig Rayan, Director of Social Entrepreneurship says, the bank became a certified B Corp five years ago.
Interview with Craig Ryan, Director, Social Entrepreneurship of BDC.
The following is the pre-interview with Craig Ryan. Be sure to watch the recorded interview above.
What is the problem you solve and how do you solve it?
Real economy entrepreneurs often have trouble finding the financial and advisory support they need. We provide reliable, helpful and sophisticated support to Canadian entrepreneurs.
More about BDC:
BDC is the only bank in Canada dedicated exclusively to entrepreneurs. From 100 offices across the country, we offer loans, investments and advisory services.
Revenue model: Revenue is generated by interest on loans and professional fees.
Scale: BDC has 50,000 clients across Canada. To serve them, it has 2,000 employees and an asset base of $25 billion.
Craig Ryan’s bio:
Craig is Director of Social Entrepreneurship at BDC, the only bank in Canada devoted exclusively to entrepreneurs. He leads its efforts to promote social entrepreneurship by growing the B Corp movement, as well as corporate initiatives to support entrepreneurs in underserved parts of the Canadian population.
Craig has more than 20 years’ experience in the public, private and civil society sectors. He has worked in developing countries on poverty reduction and health care, as a senior policy advisor to federal ministers responsible for the environment and foreign aid and as a corporate responsibility advisor to large energy and pharma companies.
He holds a Master’s in Public Administration from Harvard Kennedy School, is a guest lecturer at McGill University’s Desautels Faculty of Management and in 2017 was named to Canada’s Clean 16, an award celebrating leadership in promoting clean capitalism.
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Devin is a journalist, author and corporate social responsibility speaker who calls himself a champion of social good. With a goal to help solve some of the world’s biggest problems by 2045, he focuses on telling the stories of those who are leading the way! Learn more at DevinThorpe.com!