Before you apply

On this page

• Get ready to apply
• Elements of a strong application
• Expected results

Get ready to apply

Only projects that best align with program objectives and expected results will be chosen. To prepare a strong application you should:

1. Check eligibility in the Who can apply section
2. Understand what can be funded in the Program information section
3. Review the complete program materials as described on this website and in the expression of interest help guide to understand the application requirements and process
4. Assign a project lead from your organization to be a primary contact that PrairiesCan will engage with for the project
5. Gather all the documentation that PrairiesCan is requesting for the application

Should you have any questions regarding or during the application process, please contact a PrairiesCan office.

Elements of a strong application

A strong application is complete, clearly shows you’re eligible and includes enough detail for PrairiesCan to thoroughly review and confirm the information.

All applications must demonstrate clear alignment with BSP objectives and will also include the following:

• a comprehensive and well-written business plan
• independent market assessment and/or evidence of unmet market demand
• clearly defined market size and opportunity
• direct competitors identified and assessed
• detailed description of both the applicant organization and project management team
• credible financial statements accompanied by logical and reasonable financial projections
• demonstrated financial capacity to execute the project and the ability to repay
• clear alignment with at least 1 priority area
• significant economic benefits/outcomes supported by reasonable assumptions and rationale
• well-defined IP strategy (if applicable)
• clear explanation as to how the projected productivity or efficiency savings will enable the company to grow and expand (if applicable)

Expected results

PrairiesCan is looking to support projects that have a viable plan to produce strong economic outcomes.

Applicants must quantify, substantiate, and later report on the following expected results:

• number of highly qualified personnel (HQP) jobs created in Canada
• number of non-HQP jobs created in Canada
• revenue growth ($)
• export sales growth ($)
• incremental private sector investment attracted ($)
• number of technologies to market
• business sales growth resulting from commercialization or adoption ($) – where applicable

PrairiesCan is working to improve the economic participation of underrepresented groups such as Indigenous peoples, women, and youth. Applicants are encouraged to report on efforts to support inclusiveness. Refer to the Government of Canada’s Inclusive Innovation Agenda.

Refer to the applicant guide for more information on project indicators and expected results.