The Business Development Bank of Canada’s Tandem Fund will soon be adding to its own bank account when it closes on an additional $300 million. The close of financing is expected to take place this summer. Funded with an initial $75 million, the fund will provide financing to Canadian technology growth companies and fills a significant void in the Canadian market for growth capital. "This new fund will provide important growth capital to enable promising Canadian technology companies to mature and compete in the global marketplace," said Jean-René Halde, BDC president and CEO. Tech Media Reports will have more on this next week.