BSP provides Western Canada businesses up to $5 million to adopt/adapt innovative technologies that support productivity, expand operations, and increase exports.
A Saskatoon company developing market research tools was awarded $1.1M from the Business Scale-up and Productivity (BSP) program.
The Business Scale-up and Productivity (BSP) program provides Canadian government funding to offset the costs of strategic growth and expansion projects. Atlantic Canada businesses can apply for grants and repayable contributions (no-interest loans) to accelerate the adoption of technologies and processes, as well as the development and commercialization of new
The Atlantic Canada Opportunities Agency (ACOA) Business Scale-up and Productivity program helps businesses with high growth potential (and non-profits supporting businesses) to adopt/adapt innovative technologies that support productivity, grow operations, and increase exports to global markets.
Amount: Grant or repayable contribution (no-interest loan) of up to 50-75% of eligible project
Southern Ontario is home to many of Canada’s most innovative and globally-oriented businesses. But while significant growth potential exists within the region, it’s often difficult for companies to make large-scale investments in productivity-boosting technologies. Despite the long-term benefits of adopting or adapting technology, upfront project costs can impact cash flow
The Western Economic Diversification Canada (WD) Business Scale-up and Productivity program helps businesses with high growth potential adopt/adapt innovative technologies that support productivity, grow operations, and increase exports to global markets.
Amount: Repayable contribution (no-interest loan) of up to 50% of eligible project expenses to a maximum $5 million per project
The FedDev Ontario Business Scale-up and Productivity (BSP) program offsets upfront project costs and helps Southern Ontario businesses grow more quickly. It provides no-interest repayable contributions (government loans) with repayment beginning within a year of project completion. This supports businesses as they adopt or adapt technologies, then repay the cost
Please Note: The Scale-Up Vouchers Program is closed and no longer accepts applications. Please explore more business expansion funding opportunities.
Ontario’s small business community is booming, yet few of these companies effectively scale their solutions into global markets. In December 2015, there were 48.3 times more small businesses (1-99 employees) than
Black-led organizations can access up to $3M for regional projects, or up to $5M for national projects to help Black Canadian entrepreneurs.
Canada was recently ranked as the top country for SMEs due to its low level of red tape, favourable tax policies, good financing conditions, and low competition.