MaRS Lunch & Learn
Leveraging Export Development
Canada’s Financial Solutions to
Accelerate Your Export Trajectory
September 26, 2013
2
About EDC
  Canada’s Export Credit Agency
  Crown corporation wholly owned
by Government of Canada
  Financially self-sustaining
  Operates on commercial
principles
3
2012 Highlights:
 Served 7427 customers doing business across
approximately 200 countries
 Volume in emerging markets: $26.4 billion
 Business volume - $87.45 billion
Financial Solutions
4
Financing: A wide spectrum of financing solutions available
including: working capital, corporate lending, structured financing
and Public-Private-Partnership financing.
Bonding: Flexibility in supporting both surety bonds and bank
instruments (e.g. irrevocable letter of credit or letter of guarantee).
Contract Insurance: Provides protection against various
commercial risks such as contract termination, buyer defaults and
bankruptcy.
Credit Insurance: Provides Canadian companies the protection to
help them expand their business while protecting their balance
sheet.
Political Risk Insurance: Providing lenders and investors
coverage against a number of political risks including currency
transfers and conversion; and expropriation.
Insurance&BondingSolutions
Financing
Solutions
EDC’s View of Healthcare
5
Units of
Healthcare
Time
Demand for Healthcare
Ability to Provide Healthcare
(gov'ts, insurers)
Gap cannot be satisfied
unless solution is
commercial
Healthcare Company Lifecycle
Incubator
•  Developing
the product
but not yet
market-
ready
Accelerator
•  Have
market
interest but
not enough
capital
Commercial
•  Operating
profitably
6
Needs:
Equity
Healthcare
expertise
Financing /
Working Capital
Healthcare
Expertise
Commercial
Banking
Expertise
This is where EDC comes in
What’s Missing for Canadian Companies
 Virtually no Canadian equity providers in
healthcare
 Traditional banks won’t support
 “Talk to us when you’re profitable”
 Long product cycle
 Lack of showcase platform
 Challenges with acceptance in domestic market
7
What EDC can Provide
 Leasing solutions
 Financing solutions to ultimate buyer
 Working capital solutions in conjunction
with banks
 Accounts Receivable Insurance
 Facilitating matchmaking introductions
 Foreign domiciled inventory
8
Working with Partners
 Banks
 Federal Government
 DFATD / Trade Commissioners
 NRC
 Industry Canada
 Provincial Sponsors
 Equity Providers
 Associations
9
What to do Next
 Contact us
10
Joanne De Franco
Healthcare Sector Advisor
JDeFranco@edc.ca
Christopher Evans
Senior Account Manager
CEvans@edc.ca
Mark Senn
Healthcare Lead
MSenn@edc.ca
Michael Porter – The Strategy That Will Fix Health
Care
11

Leveraging Export Development Canada’s Financial Solutions to Accelerate Your Export Trajectory - MaRS Future of Medicine™

  • 1.
    MaRS Lunch &Learn Leveraging Export Development Canada’s Financial Solutions to Accelerate Your Export Trajectory September 26, 2013
  • 2.
  • 3.
    About EDC   Canada’sExport Credit Agency   Crown corporation wholly owned by Government of Canada   Financially self-sustaining   Operates on commercial principles 3 2012 Highlights:  Served 7427 customers doing business across approximately 200 countries  Volume in emerging markets: $26.4 billion  Business volume - $87.45 billion
  • 4.
    Financial Solutions 4 Financing: Awide spectrum of financing solutions available including: working capital, corporate lending, structured financing and Public-Private-Partnership financing. Bonding: Flexibility in supporting both surety bonds and bank instruments (e.g. irrevocable letter of credit or letter of guarantee). Contract Insurance: Provides protection against various commercial risks such as contract termination, buyer defaults and bankruptcy. Credit Insurance: Provides Canadian companies the protection to help them expand their business while protecting their balance sheet. Political Risk Insurance: Providing lenders and investors coverage against a number of political risks including currency transfers and conversion; and expropriation. Insurance&BondingSolutions Financing Solutions
  • 5.
    EDC’s View ofHealthcare 5 Units of Healthcare Time Demand for Healthcare Ability to Provide Healthcare (gov'ts, insurers) Gap cannot be satisfied unless solution is commercial
  • 6.
    Healthcare Company Lifecycle Incubator • Developing the product but not yet market- ready Accelerator •  Have market interest but not enough capital Commercial •  Operating profitably 6 Needs: Equity Healthcare expertise Financing / Working Capital Healthcare Expertise Commercial Banking Expertise This is where EDC comes in
  • 7.
    What’s Missing forCanadian Companies  Virtually no Canadian equity providers in healthcare  Traditional banks won’t support  “Talk to us when you’re profitable”  Long product cycle  Lack of showcase platform  Challenges with acceptance in domestic market 7
  • 8.
    What EDC canProvide  Leasing solutions  Financing solutions to ultimate buyer  Working capital solutions in conjunction with banks  Accounts Receivable Insurance  Facilitating matchmaking introductions  Foreign domiciled inventory 8
  • 9.
    Working with Partners  Banks  FederalGovernment  DFATD / Trade Commissioners  NRC  Industry Canada  Provincial Sponsors  Equity Providers  Associations 9
  • 10.
    What to doNext  Contact us 10 Joanne De Franco Healthcare Sector Advisor JDeFranco@edc.ca Christopher Evans Senior Account Manager CEvans@edc.ca Mark Senn Healthcare Lead MSenn@edc.ca
  • 11.
    Michael Porter –The Strategy That Will Fix Health Care 11