BDC Small Business Week 2014

1. Did you know that small and medium-sized businesses contribute more than half of Canada’s gross domestic product?
The Business Development Bank of Canada (BDC) is the only bank dedicated exclusively to entrepreneurs.
Celebrate entrepreneurship during BDC Small Business Week #SBW2014 and help fuel our country’s entrepreneurial spirit!
1.6%
MICRO BUSINESS: 1-4 EMPLOYEES LARGE BUSINESS: 500+ EMPLOYEES MEDIUM BUSINESS: 100-499 EMPLOYEES SMALL BUSINESS: 5-99 EMPLOYEES
826,000 ENTREPRENEURS
start the most new businesses
followed by entrepreneurs
in the Prairies
25 – 44 YEAR OLDS
Prairies Québec
35% 7%
Ontario Atlantic
MORE THAN
1 . 1 MILLION
BUSINESSES
ENTREPRENEURS BY THE NUMBERS
1 2 3
INDUSTRIES ATTRACTING ENTREPRENEURS
6.9% 17.4%
FINANCING +
CONSULTING SERVICES =
HIGHER SALES GROWTH,
PRODUCTIVITY GROWTH
AND SURVIVAL RATE
British Columbia
and the Territories
have the greatest tendency
to form new businesses
are twice as likely to start
businesses than women
are 1.6 times more likely
to start businesses
11.6%
APPROVAL
RATES
HAVE INCREASED
MAP YOUR FUTURE GROWTH
1 2 3
Sources: CEFRIO; Statistics Canada; Business Development Bank of Canada (BDC); Fondation de l’entrepreneurship; Industry Canada; Google.
For 35 years, the Business Development Bank of Canada has organized BDC Small Business Week™ to bring
thousands of entrepreneurs together at conferences, luncheons and trade fairs across the country.
bdc.ca
@bdc_news BDC Entrepreneur BDC
98.2%
INDUSTRIES WITH THE LARGEST SME DISTRIBUTION
CONSTRUCTION
ACCOMMODATION
AND FOOD SERVICES
BUSINESS
SERVICES
FINANCING IS KEY TO GROWTH
REENERGIZE YOUR BUSINESS
15%
21% 21%
of businesses have less
than 100 employees
6.5 IN 10
CANADIANS WORK IN AN SME
(7.1M PEOPLE)
OF THE COUNTRY’S SMALL AND
MEDIUM-SIZED BUSINESSES
IN 2013, 35,600 BECAME SELF-EMPLOYED AND HIRED EMPLOYEES
ATLANTIC
MEN
IMMIGRANTS
WHERE THE SMALL AND MEDIUM-SIZED FIRMS FLOURISH
INVESTING
IN TECHNOLOGY
DEVELOPING AN
ONLINE PRESENCE
EXPANSION THROUGH
EXPORTING
TECHNOLOGY HOLDS
THE KEY TO SUCCESS
Only 60%
of small businesses plan
to invest in technology,
but when they do:
82% obtain a positive return
on technology spent through
productivity gains, higher efficiency
and improved competitiveness.
CANADIANS ARE ONLINE
BUT SMES ARE NOT
Only 12%
of small businesses
are selling online, yet:
77% of Canadians research
online before buying;
56% have a smartphone; and
56% shop online.
SEIZE THE OPPORTUNITY
ABROAD
86%
of exporting
companies have less than
100 employees.
Canada’s mid-sized firms
represent less than 1% of the
total number of firms and
generate 17% of the value
of our exports.
14%
WOMEN LEAD A THIRD
IN 2013 THE MOST ENTREPRENEURIAL ARE…
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