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A business development company is a company that works to incubate small companies or businesses that are just getting started… A BDC is similar to a venture capital (VC) fund, but while a VC fund is privately held, a business development company is publicly traded.
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A business development company (BDC) is a type of closed-end fund that makes investments in developing and financially distressed firms. Many BDCs are publicly traded and are open to retail investors.
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– What is a Business Development Company?"BDC" is an abbreviation for "Business Development Company". When you invest in a BDC, you provide capital to small growing companies. Like REIT investing, people buy BDCs because they are desperate to earn more interest than what is otherwise available.
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