Business Scale-up and Productivity (BSP) in British Columbia

Businesses must meet the following mandatory criteria:

• high-growth business that is scaling up and producing innovative goods, services or technologies
• incorporated to do business in Canada
• have been in business for at least 2 years in Canada
• have staffed operating facilities in British Columbia
• submit evidence of confirmed funding, at the time of expression of interest submission, from all other sources, including government and non-government (non-government funding must represent at least 50% of the proposed project costs)
• be looking to support or accelerate growth through the following activities:
  • Productivity improvement: includes acquiring, adapting, and/or adopting new technologies and processes; process re-engineering; improving manufacturing capacity
  • Business scale-up: includes market development or expansion, adopting best management practices, processes and systems, business opportunity development
  • Technology commercialization: includes late stage product development to grow and diversify markets, and technology demonstration (Technology Readiness Levels 7-9 as defined by Innovation, Science and Economic Development Canada)
• maximum project duration of 3 years