Business Scale-up and Productivity in British Columbia

PROGRAMS AND FUNDING
Written By Crystal Thomson-Dick

Pacific Economic Development Canada (PacifiCan) supports innovation, business growth and community economic development in British Columbia.

PacifiCan’s goals are:

  • quality jobs for British Columbians

  • competitive industry clusters

  • globally successful businesses

  • growth that includes rural, Indigenous and underrepresented communities\

PacifiCan makes strategic investments in growing companies through its Business Scale-up and Productivity (BSP) program, in both established sectors creating value now and emerging sectors growing quickly. We are working to strengthen British Columbia’s position as a domestic and international leader in these sectors.

BSP supports high-growth* businesses that are scaling up and producing innovative goods, services or technologies. It offers interest-free, repayable funding to incorporated businesses.

For information on other available business support, please visit Innovation Canada.

*A high growth business can be defined as any for-profit company that has notable and/or consistent revenue increases year-over-year. Typically, this means an increase of at least 20% year-over-year.

This program will be accepting Expressions of Interest from July 14, 2023 at 12:00 pm PST until September 22, 2023, at 12:00 pm PST.

Crystal Thomson-Dick
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