PacifiCan Business Acceleration Pilot (BizAP)

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Register for a BizAP information session

For more information on these sessions, and to register, please contact our offices



Thursday, November 2nd

Time: 11:00am – 12:00pm

To register, email Nancy Luo at


Prince George

Location: Prince George

Date: November 7th

To register, email PacifiCan North at


Location: Nanaimo

Date: November 8th

To register, email PacifiCan Vancouver Island & Coast at



Location: Victoria

Date: November 9th

To register, email PacifiCan Vancouver Island & Coast at


Location: Vancouver

Date: November 10

To register, email PacifiCan Lower Mainland at



Location: Kelowna

Date: November 15

To register, email PacifiCan Southern Interior at


Vibrant small businesses are the backbone of the BC economy. Supporting the growth of businesses with the potential to scale and create quality jobs will contribute to enduring prosperity for all British Columbians.  

PacifiCan is piloting a new initiative to invest in organizations capable of helping high-growth-potential businesses achieve their scale-up ambitions. Features of this pilot include:

  • Addressing Critical Needs – BC businesses will have increased access to the investment capital and expert advice they need to overcome their scale-up challenges.
  • Value-for-Money – A competitive selection process will facilitate investment decisions that yield the strongest economic benefits at the best value.
  • Clear Process – Well-defined assessment criteria and a set application intake provide clarity, predictability and fairness for organizations seeking support from PacifiCan

BizAP will be accepting Expressions of Interest (EOIs) from October 26, 2023 at 12:00 pm PST until December 14, 2023, at 12:00 pm (noon) PST.

Frequently asked questions (FAQs)

Read the FAQs here or download the print-friendly version PDF (194 kB)

Logo of BizAp

Prospective applicants may contact PacifiCan for additional details on Expression of Interest (EOI) requirements and to access the EOI portal. In your message, please be sure to note your interest in BizAP.

PacifiCan is focused on helping grow B.C. businesses, creating quality jobs, connecting industry leaders and supporting an inclusive economy that benefits all peoples in British Columbia.

PacifiCan’s goals are:

BizAP will make targeted investments in organizations whose proposals demonstrate their ability to help high-growth-potential businesses overcome their scale-up challenges. It will offer funding for up to three years of activities.

On this page

Eligible activities

Activities that support critical scale-up needs, such as:

Eligible applicants

BizAP is open to not-for-profit and for-profit organizations that support businesses in pursuit of scale-up ambitions, including but not limited to:

All eligible applicants must be legal entities capable of entering into legally binding agreements.

Expected Outcomes

BizAP is expected to result in the growth of medium and large enterprises, as well as a stronger economy in British Columbia. On a project-by-project basis, examples of expected outcomes include (but are not limited to):

Funding and reporting

If we select your project for BizAP funding, PacifiCan will normally provide funding in periodic reimbursements, based on submitted claims. These reimbursements will be released to you for the approved portion of eligible projects costs that have been incurred and paid.

Non-repayable contributions are available to not-for-profit organizations.

Repayable contributions are available to for-profit organizations, and are normally repaid (at 0% interest) over 5 years in monthly installments beginning 1 year after the project end date.

You will need to plan project cash flows based on the timing of the claims and the period to process the reimbursement. We provide an orientation to this process for successful applicants.

You are expected to have secured all non-PacifiCan requested project financing before applying.

In-kind contributions will be considered. Eligible in-kind contributions will be limited to the provision of professional services, including legal, accounting, marketing, business coaching, information technology, etc., for which a clear market value can be determined. In-kind contributions will be considered up to a maximum of 50% of the total private sector funding amount.

All successful applicants will sign a standard Contribution Agreement with PacifiCan.

The Agreement outlines the obligations of the funding recipient, including the submission of claims information and periodic progress reports (minimum 2 per year).

Eligible costs

All proposed costs should be incremental, meaning that they are beyond the normal operations of an organization, and essential to the project. Costs that may be eligible for reimbursement include, but might not be limited to:

Ineligible costs

Costs deemed unreasonable, non-incremental, and/or not directly related to project activities will be ineligible for reimbursement. These include, but may not be limited to:

Generally, the following costs/activities will not be supported:

Costs incurred prior to the Project Funding Start Date will not be eligible.

Costs incurred by the applicant in the absence of a signed funding agreement with PacifiCan are incurred at the sole risk of the applicant.

The application process

BizAP will use a 2-stage intake approach:

If you have a project idea, or have any questions about the application process, we encourage you to contact us.

Application review

The deadline to submit an EOI for BizAP is 12:00 PM (noon) on December 14, 2023.

EOIs will be competitively assessed on the parameters below and against other EOIs, with only the strongest EOIs invited to full application. 

Submitted full applications undergo a due diligence process where we further assess them against the following criteria:

*Written proof of confirmed funding, or conditional upon PacifiCan’s, will be considered acceptable confirmation of non-PacifiCan funding. Examples of written proof include current bank statements detailing existing cash balances or the unused portion of lines of credit. If third parties are included in project funding, letters of intent or funding agreements from third parties may be acceptable. If fees from participant firms are included in project funding, evidence of the willingness of businesses to pay the fee (e.g., letters of support, results of company surveys, past successes with a similar fee model, etc.) may be accepted.

Only submissions demonstrating the highest merit and fit with BizAP’s objectives will be considered for funding.

Following review of the EOIs, PacifiCan will invite selected organizations to submit a full application for funding consideration. You will be advised if your proposal is not being considered past the EOI stage.

Should you have any questions, please feel free to contact us at any of our offices by email, telephone, fax or mail (contact information below).

PacifiCan’s service standard is to provide a funding decision to a client within 90 business days (90% of the time) of receiving a complete funding proposal, which is stage 2 for the purposes of this pilot.

Contact Us

For additional Business Acceleration Pilot information, contact us directly at one of our local offices, by emailing us at, or by calling 1-888-338-9378.

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