Business Scale-up and Productivity in British Columbia - After you apply

4. After you apply

After submitting your Expression of Interest (EOI), you can check its status in the application portal.

Only the strongest projects meeting BSP program objectives will be invited to complete a full application. Submitting an EOI and full application does not guarantee funding.

We assess EOIs and full applications based on their strengths, including in the following areas:

• Eligibility in the BSP program
• Alignment with program objectives
• Clear and lasting economic benefits for British Columbia
• Clear market demand
• Strong governance, financial management and performance
• Financial capacity including credible financial statements (provide an explanation if financial statements are not available); financial statements should be prepared by an external accountant and should include:
  • a balance sheet
  • an income statement
  • a statement of cash flow
  • any other supporting documents including notes
• Technology readiness level (for technology commercialization projects)

For projects developing or commercializing new technology, a technical assessment may be done by the National Research Council’s Industrial Research Assistance Program (NRC-IRAP).

For clean technology and resource projects, the Clean Growth Hub and Industrial Research Assistance Program may be consulted.

Related links

• Innovation Canada: information on other available business support
• Regional Economic Growth through Innovation program