Repayable Contribution
Business Scale-up and Productivity (BSP) in British Columbia | Pacific Economic Development Canada (PacifiCan)
Pacific Economic Development Canada (PacifiCan) delivers the Regional Economic Growth through Innovation (REGI) initiative in British Columbia. REGI is a national program delivered by regional development agencies across the country. It comprises 2 program streams designed to fuel economic growth through innovation and create more well-paying jobs for Canadians. The Business Scale-up and Productivity program is 1 of those program streams.
PacifiCan makes strategic investments in growing companies through its Business Scale-up and Productivity (BSP) program, in both established sectors creating value now and emerging sectors growing quickly.
The purpose of this Applicant Guide is to provide information to assist you with the completion of your application for funding under the Business Scale-up and Productivity program.
BSP supports high-growth* businesses that are scaling up and producing innovative goods, services or technologies. It offers interest-free, repayable funding to incorporated businesses.
*A high-growth business can be defined as any for-profit company that has notable and/or consistent revenue increases year-over-year. Typically, this means an increase of at least 20% year-over-year.
- 4.5/5.0
- Pacific Economic Development Canada - PacifiCan
- All levels
- Last updated 1 month ago
- English
Description
Pacific Economic Development Canada (PacifiCan) delivers the Regional Economic Growth through Innovation (REGI) initiative in British Columbia. REGI is a national program delivered by regional development agencies across the country. It comprises 2 program streams designed to fuel economic growth through innovation and create more well-paying jobs for Canadians. The Business Scale-up and Productivity program is 1 of those program streams.
PacifiCan makes strategic investments in growing companies through its Business Scale-up and Productivity (BSP) program, in both established sectors creating value now and emerging sectors growing quickly.
The purpose of this Applicant Guide is to provide information to assist you with the completion of your application for funding under the Business Scale-up and Productivity program.
BSP supports high-growth* businesses that are scaling up and producing innovative goods, services or technologies. It offers interest-free, repayable funding to incorporated businesses.
*A high-growth business can be defined as any for-profit company that has notable and/or consistent revenue increases year-over-year. Typically, this means an increase of at least 20% year-over-year.
Through this program, PacifiCan seeks to:
- Help high-growth businesses to scale up and expand.
- Support demonstration and the commercialization of new technologies.
- Encourage the early adoption or adaptation of leading-edge technologies and processes to improve productivity.
- Increase businesses’ capacity to grow through market diversification and entry into global markets.