ASSOCIATE, INDUSTRIAL INNOVATION VENTURE FUND - Temporary 18 months

BDC; Toronto; Hybrid; CAD 90,000 - 130,000; Full time

Benefits offered by this job

Flexible benefits

Health care spending account

Defined Benefit Pension Plan

Wellness and health care spending

Personal days and vacation

Hybrid work model

Learning and development opportunities

Job summary

BDC Capital’s Industrial Innovation Venture Fund backs ambitious founders rebuilding the industrial economy. We invest in companies using software, hardware, AI, robotics, advanced materials, climate technologies, and deep tech to transform multiple sectors.

We are hiring an Investment Associate who will meet exceptional founders, test breakthrough technologies, map markets, and help Canadian companies scale globally.

Qualifications

• 4+ years of experience in venture capital, private equity, investment banking, consulting, corporate strategy, corporate development, a tech startup, or an industrial/technical operating role.
• Degree in commerce, economics, science, technology, engineering, mathematics, or related field.
• Comfort with financial modeling, market research, customer discovery, technical diligence, and synthesizing ambiguity into clear recommendations.
• Bilingualism in French and English is an asset.

Responsibilities

• Source and shape the pipeline by identifying emerging industrial technology markets and building relationships with founders, investors, operators, researchers, and strategic partners.
• Evaluate startups across market size, product differentiation, customer value, go-to-market, team quality, business model, cap table, and exit potential.
• Run diligence workstreams including customer calls, expert interviews, founder sessions, technical reviews, financial modeling, and investment memo preparation.
• Turn complex technical and commercial inputs into clear, decision-ready investment recommendations.

Skills

Strong analytical foundation

Commercial judgment

Synthesis and clear communication

Curiosity and rigor

Education

Commerce / Economics / STEM degree

Tools

Financial modeling

Job description

We are banking at another level.

Choosing BDC as your employer means working in a healthy, inclusive, and skilled workplace that puts forward the best conditions to bring together unique teams where employees are empowered to act. It also means being at the centre of ambitious economic and financial projects to see further and to do things differently, to fuel the success of Canadian entrepreneurs.

Choosing BDC as your employer also means:

• Flexible and competitive benefits, including an Employee Savings and Investment Plan where BDC matches part of your voluntary contributions, a Defined Benefit Pension Plan, a $750 wellness and health care spending account, to name a few

• In addition to paid vacation each year, five personal days, sick days as necessary, and our offices are closed from December 25 to January 1

• A hybrid work model that truly balances work and personal life

• Opportunities for learning, training and development, and much more...

Explore the BDC Way in our Culture Book

Please take note that this role is temporary for 18 months.

POSITION OVERVIEW

BDC Capital’s Industrial Innovation Venture Fund backs ambitious founders rebuilding the industrial economy. We invest in companies using software, hardware, AI, robotics, advanced materials, climate technologies, and deep tech to transform sectors such as manufacturing, agriculture, energy, infrastructure, and resources.

We are looking for an Investment Associate who wants to be close to the edge of industrial disruption: meeting exceptional founders, pressure-testing breakthrough technologies, mapping emerging markets, and helping Canadian companies scale into global category leaders. This is a highly analytical, founder-facing role for someone with curiosity, rigour, speed, and strong commercial judgment.

CHALLENGES TO BE MET

Source and Shape the Pipeline

• Build conviction on emerging industrial technology markets and identify companies before they are obvious
• Develop relationships with founders, investors, operators, researchers, and strategic partners across the ecosystem
• Maintain sharp market maps, sector theses, founder lists, and deal-tracking tools that help the fund move with speed and discipline

Evaluate Breakthrough Companies

• Assess startups across market size, product differentiation, customer value, go-to-market, team quality, business model, cap table, and exit potential
• Run diligence workstreams including customer calls, expert interviews, founder sessions, technical reviews, financial modeling, and investment memo preparation
• Turn complex technical and commercial inputs into clear, decision-ready investment recommendations

Support Portfolio Companies

WHAT WE ARE LOOKING FOR

Your Background

• 4+ years of experience in venture capital, private equity, investment banking, consulting, corporate strategy, corporate development, a technology startup, or an industrial/technical operating role
• Strong analytical foundation, ideally supported by a degree in commerce, economics, science, technology, engineering, mathematics, or a related field
• Comfort with financial modeling, market research, customer discovery, technical diligence, and synthesizing ambiguity into clear recommendations

Your Edge

• You are intellectually curious and excited by hard industrial problems, technical founders, and markets where adoption is difficult but impact is massive
• You can engage confidently with founders, executives, investors, operators, customers, and technical experts
• You communicate crisply, write clearly, and can make complex technologies understandable to investment and executive audiences
• You are proactive, resourceful, low-ego, and energized by fast-moving, high-ambiguity environments
• Technical skills, operating experience in an industrial sector, and bilingualism in French and English are assets

Why Join Us

You will work with a focused venture team backing founders at the frontier of industrial transformation. The role offers exposure to category-defining companies, complex technologies, active investment decisions, and a national platform committed to helping Canadian entrepreneurs build globally relevant businesses.

*Please note that temporary employees are not eligible for benefits.

Proudly one of Canada’s Top 100 Employers and one of Canada’s Best Diversity Employers, we are committed to fostering a diverse, equitable, inclusive and accessible environment where all employees can thrive and feel empowered to bring their whole selves to work. If you require an accommodation to complete your application, please do not hesitate to contact us at [e-mail].

While we appreciate all applications, we advise that only the candidates selected to participate in the recruitment process will be contacted.