Jobs and Growth Fund (JGF) in British Columbia | PacifiCan

The Jobs and Growth Fund provides funding to businesses and organizations to help create jobs and position local economies for long-term growth. The fund, delivered by Canada’s regional development agencies (RDAs), provides $700 million nationally over 3 years. This includes up to $70 million dedicated to businesses created after January 2020 that meet eligibility criteria. PacifiCan is investing $85.4 million in British Columbia to help job creators and the organizations that support them to future-proof their businesses, build resiliency and grow by transitioning to a green economy, fostering an inclusive recovery, enhancing competitiveness and creating jobs across the province.

Activities that support the transition to a green economy, including those that: support the development and adoption of clean technology, help communities and businesses plan and drive clean, sustainable economic growth, partner with organizations to catalyze the development of green regional clusters, work with organizations supporting businesses to transition to a green economy Activities that foster an inclusive recovery, including those that: support businesses owned or majority-led by underrepresented groups, such as Indigenous peoples, members of racialized communities, women, youth, LGBTQ2, persons with disabilities, newcomers to Canada and members of official language minority communities, increase the participation of underrepresented groups in the economy by supporting not-for-profit organizations that provide funding, business services, training and access to resources to build a more inclusive and equitable workforce. Activities that advance Canada’s competitiveness and grow small and medium-sized enterprises (SMEs) through digital adoption, including those that: support the development or adoption of digital solutions (in other words, Industry 4.0 solutions) to enhance business productivity and growth. Activities that strengthen capacity in sectors critical to Canada’s recovery and growth, including those that: support scale-up and market expansion activities that bolster traditional areas of strength or emerging areas of global competitive advantage, including value-added agriculture, advanced manufacturing, health sciences and digital technology; support supply chain adaptation and diversification opportunities to build Canadian capacity in critical sectors such as food production, medical supplies and biomanufacturing

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