Business Scale-up and Productivity in British Columbia - Who can apply

2. Who can apply

Applicants

You may be eligible to apply for the Business Scale-up and Productivity (BSP) program if your business:

• is high-growth and incorporated in Canada
• is scaling and producing innovative goods, services or technologies
• has been operating in Canada for at least 2 years
• operates staffed facilities in B.C.
• has secured at least 50% of project funding from non-government sources

Projects

Projects can have a maximum duration of 3 years. The strongest projects will:

• clearly align with at least 1 priority area
• achieve significant economic outcomes
• clearly define the market size and show business potential
• demonstrate financial capacity to execute the project and repay funding
• demonstrate management capability to carry out the project
• support growth through one or more BSP program objectives

Priority areas

Preference may be given to projects that focus on one or more of the following:

• Export orientation: entering new markets or increasing market share abroad
• Advanced manufacturing: using innovative technologies to enhance products and processes
• Clean resources: transitioning to a low-carbon economy in energy, mining and forestry
• Clean technology: creating products or services that reduce environmental impacts
• Digital industries: using information and communication technology (ICT) and media for innovative information solutions
• Health and bio-sciences: advancing pharmaceuticals, medical devices and digital health solutions
• Natural resources processing: adding value to energy, mineral or forestry products
• Ocean technology: developing marine technologies and renewable energy systems
• Value-added agriculture: innovating to improve agriculture, fisheries and food processing

Expected results

We aim to support projects that have a viable plan to produce strong economic outcomes. Applicants must quantify, substantiate and later report on:

• how many high-quality personnel (HQP) jobs you created in Canada
• how many non-HQP jobs you created in Canada
• your revenue growth
• your export sales growth
• your business sales growth resulting from commercialization (where applicable)

Inclusivity

We aim to improve the economic participation of Indigenous people, women and youth. We encourage you to report on efforts to support inclusivity in line with the Government of Canada’s Inclusive Innovation Agenda.