FedDev Ontario Business Scale-up and Productivity (BSP) Program

The FedDev Ontario Business Scale-up and Productivity (BSP) program accelerates company growth and helps adopt/adapt innovative technologies that support productivity. Through the program, businesses access capital to grow its southern Ontario operations and increase exports to global markets.

  • Amount: Repayable contribution (no-interest loan) of up to 35% of eligible project expenses to a maximum $10 million.
  • Projects: Expanding the capacity of high-growth companies through the early adoption or adaptation of innovative technologies and processes, expanding management capacity, commercializing/producing new products or processes, and researching/developing export markets.
  • Eligibility: Must maintain profitable operations in southern Ontario for at least two years, maintain a minimum of five employees, and be an incorporated business or Indigenous organization.
  • Timeline: Open; continuous intake of applications.

Top Business Scale-up and Productivity Program Resources:

Canadian Government Funding for Small Business

Posted: December 5, 2018. Updated: January 9, 2019.