Business Scale-up and Productivity Program – British Columbia
Receive up to $5 Million in Repayable Funding.
The Business Scale-up and Productivity Program – British Columbia helps businesses with high growth potential to adopt/adapt innovative technologies that support productivity, grow operations, and increase exports to global markets.
Apply for Funding
Give your application the best chance at approval. Mentor Works has an 86% approval rating across all Canadian funding programs.
Business Scale-up and Productivity Program – British Columbia
Amount of Funding
Successful applicants mat receive a repayable contribution (no-interest loan) of up to 50% of eligible project expenses to a maximum $5 million.
Business Scale-up and Productivity Program – British Columbia
Eligible Applicants
An applicant may be eligible for funding if they meet the following eligibility criteria:
- Maintain profitable operations in British Columbia for at least two years;
- High growth businesses that have had notable and/or consistent revenue increases year-over-year, typically at least 20%;
- Be incorporated at the time of application; and
- Priority sectors include advanced manufacturing, clean resources, clean technology, digital industries, health/ bio-sciences, natural resources value-added processing, ocean technology, and value-added agriculture/ agritech.
Business Scale-up and Productivity Program – British Columbia
Eligible Activities
A project may be eligible for funding if it meets on of the following requirements:
- Productivity improvements: includes acquiring, adapting and/or adopting new technologies and processes; process re-engineering; improving manufacturing capacity;
- Business scale-up: includes market development or expansion, adopting best management practices, processes and systems, business opportunity development; or
- Technology commercialization: includes late-stage product development to grow and diversify markets, and technology demonstration (TRL 7-9).
Business Scale-up and Productivity Program – British Columbia
Program Deadline
This program is a two-stage application process with an EOI Deadline is January 31, 2023. Project start dates should have a start date or April 1, 2023 or later. Projects can last for up to three years; repayment begins one year after project is complete.
Apply for Funding
We provide an average 95% time savings to our clients, compared to businesses that apply for funding in-house.
