Business Scale-up and Productivity (BSP): British ColumbiaInterest-free repayable contributions of $200,000 to $5 million per project, with a lifetime maximum of $10 million per recipient, requiring at least 50% matching from non-government sources
BSP supports high-growth British Columbia businesses to scale up, adopt new technologies and expand into new markets.
Written and reviewed by
Chase Miller, Chief Business Development Officer and Co-Founder
Chase Miller is Chief Business Development Officer and Co-Founder of Impact Applications, a Calgary grant consultancy that works with businesses across Canada on federal and provincial grants, tax credits and interest-free loans, and manages the whole process from first assessment through claims and reporting. He runs the first assessment on client engagements, deciding which programs a business should pursue and in what order, and has worked on Canadian government funding since co-founding the firm in 2023. LinkedIn
Program facts checked against the official source:
- average funding secured per client
- $334,132 average funding secured per client
- approval rate
- 94% approval rate
About this program
BSP supports high-growth British Columbia businesses to scale up, adopt new technologies and expand into new markets. PacifiCan's own at-a-glance panel states the funding is repayable, not a grant, and that the program is not currently accepting applications. The program is highly competitive and PacifiCan states that not all applicants will receive funding.
Who is eligible
Incorporated, high-growth for-profit businesses in British Columbia, operating at least 2 years in Canada with staffed operating facilities in BC. Contributions are interest-free but repayable, beginning one year after project completion and repaid in monthly instalments over five years, with no collateral required and no penalty for early repayment. Up to 50% of eligible costs is reimbursed, up to four times a year. At least 50% of project funding must come from non-government sources, confirmed at application and again before approval; forecasted revenues, accounts receivable, future funding commitments and SR&ED credit receivables are not accepted as confirmation.
Verified against the official source
A person checked this program against the administering body's own page on that date. Programs change between checks, so confirm eligibility, amounts and deadlines before you apply. How dates like this are earned: our verification methodology.
Official program page