Business Scale-up and Productivity (BSP) in the Prairie provinces

Prairies Economic Development Canada (PrairiesCan) · This federal program provides interest-free, repayable financing to help high-growth businesses in the Prairies accelerate their scale-up, improve productivity…

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Overview

This federal program provides interest-free, repayable financing to help high-growth businesses in the Prairies accelerate their scale-up, improve productivity, and commercialize technology. PrairiesCan also offers business connection and pathfinding services to support successful expansion and market entry.

Eligibility

For-profit incorporated businessHigh-growth business with notable and consistent year-over-year revenue increases; priority given to companies with 20% or higher year-over-year revenue growthSeeking to improve productivity, scale-up, or commercialize technology

Eligible projects

Expansion into new marketsInvestment in production equipment and infrastructureTechnical talent acquisitionMarketing and business development activitiesTechnology commercialization initiatives

Financing terms

Interest-free, repayable fundingApplications accepted on an ongoing basis

How to apply

1Check eligibilityConfirm you meet every criterion listed above before you start.

2Prepare the project packageProject description, budget with quotes, team, and recent financial statements.

3Apply on canada.caGovgrant members can draft the application with AI and export a formatted PDF.

4Respond to reviewer questionsMost programs come back with one round of questions within a few weeks of submission.

Additional information

Program is part of the national Regional Economic Growth through Innovation (REGI) initiativeContact local PrairiesCan offices at 1-888-338-9378 or visit regional offices for application detailsProgram emphasizes inclusivity and building a stronger Canada economy

At a glanceMaximumVariesProviderPrairies Economic Development Canada (PrairiesCan)DeadlineRolling intakeStatusOpenRegionAlberta, Saskatchewan, ManitobaOfficial sourcecanada.ca ↗

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