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.
Attention: This program is currently closed. You can speak with a member of our team about future intake periods or similar funding programs you may be eligible for, get email updates through our weekly newsletter, or look through our list of available funding programs in our directory page.
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.
![Amount of Funding from the Canadian Government](https://www.mentorworks.ca/wp-content/uploads/2020/12/Amount-of-Funding.png)
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.
![Eligible Applicants for Canadian Government Funding](https://www.mentorworks.ca/wp-content/uploads/2020/12/Eligible-Applicants.png)
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).
![Eligible Expenses for Canadian Government Funding](https://www.mentorworks.ca/wp-content/uploads/2020/12/Eligible-Expenses.png)
Business Scale-up and Productivity Program – British Columbia
Program Deadline
Please contact a member of our team to discuss more about this programs intake period.
![Program Deadline for Canadian Government Funding](https://www.mentorworks.ca/wp-content/uploads/2020/12/Program-Deadline.png)
Business Scale-up and Productivity Program – British Columbia News
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