Government Grant, Repayable Contribution

Business Development Program (BDP)

The Business Development Program (BDP) can help you start up, expand or modernize your business. Focusing on small and medium-sized enterprises, the BDP provides access to capital in the form of interest-free repayable assistance. The BDP also provides financial assistance, in the form of non-repayable assistance, to not-for-profit organizations that provide support to Atlantic businesses.

  • 4.5/5.0
  • Atlantic Canada Opportunities Agency (ACOA)
  • All levels
  • Last updated 2 years ago
  • English
Description
The Business Development Program (BDP) can help you start up, expand or modernize your business. Focusing on small and medium-sized enterprises, the BDP provides access to capital in the form of interest-free repayable assistance. The BDP also provides financial assistance, in the form of non-repayable assistance, to not-for-profit organizations that provide support to Atlantic businesses.

  • Businesses can apply for BDP financing to: Start-up, expand and modernize; Develop and commercialize products or services; and Improve their competitiveness.
  • Not-for-profit organizations can apply for BDP financing to undertake projects that help Atlantic Canadian SMEs to grow, become competitive and increase their productivity. Learn more about eligible costs for non-commercial projects.