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Business Scale-up and Productivity (BSP) in the Prairie provinces

Value

Up to 50% of eligible project costs; maximum $5 million per project from PrairiesCan

Description

Business Scale-up and Productivity (BSP) is open to incorporated high-growth businesses that have been operating in the Prairie Provinces for a minimum of 2 years. Preference may be given to small and medium-sized enterprises (SMEs) with less than 500 full-time employees (FTEs).

Eligible Applicants

Businesses must meet the following mandatory criteria:

  • high-growth business that is scaling up and producing innovative goods, services or technologies
  • incorporated in Canada
  • have been in business for at least 2 years in Canada
  • have staffed operating facilities in the Prairie provinces
  • have confirmed, at the time of expression of interest submission, funding from all other sources, including government and non-government
  • non-government funding must represent at least 50% of the proposed project costs
  • be a high-growth business looking to support or accelerate growth through the following activities:
    • Productivity improvement, which includes:
      • acquiring, adapting,and adopting new technologies and processes
      • process re-engineering
      • improving manufacturing capacity
    • Business scale-up, which includes:
      • developing or expanding markets
      • adopting best management practices, processes and systems
      • developing business opportunities
    • Technology commercialization, which includes:
      • growing and diversifying markets through late stage product development
      • technology showcasing and demonstration (Technology Readiness Levels 7-9 as defined by Innovation, Science and Economic Development Canada)
  • maximum project duration of 3 years, focused on 1 or more of the following areas:
    • Advanced manufacturing. This is defined by developing and adopting innovative technologies to:
      • create new products
      • enhance processes
      • establish more efficient and cost-effective ways of working
    • Clean resources. This refers to transitioning from the old resource economy into a new resource economy. It is where innovation drives economic and environmental competitiveness in the energy, mining and forestry sectors. It leverages Canada’s natural resources advantage to transition to a low-carbon economy.
    • Clean technology. This refers to any process, product or service that reduces environmental harm in order to:
      • control costs
      • meet new regulations
      • improve global competitiveness
      • reduce harm to climate, water, land and air
    • Digital industries. This includes:
      • information and communication technology (ICT)
      • digital and interactive media
      • content industries
    • Health/bio-sciences. This includes a wide range of companies, such as:
      • pharmaceutical developers and makers
      • medical devices and biomedical innovators
      • digital health solutions producers
      • precision health
      • disruptive technologies, such as:
        • artificial intelligence (AI)
        • big data analytics
        • 3-D printing
        • robotics
        • nanotechnologies
    • Natural resources value-added processing. This includes processing natural resources in the energy, mineral or forestry sectors. This adds value to the raw materials.
    • Value-added agriculture. This is a complex and interdependent sector that includes agriculture, fisheries and aquaculture. It also includes food and beverages processing.

Eligible Expenses

Incremental costs essential to the project. For example:

  • capital costs (equipment, machinery)
  • labour (wages, benefits)
  • marketing
  • costs related to intellectual property
  • technology development and commercial demonstrations
  • professional, advisory, technical services

Available Funding:
Up to 50% of eligible project costs:

  • minimum $200,000; maximum $5 million per project from PrairiesCan†
  • minimum 50% of total project funding required from confirmed non-government sources
  • you must confirm all non-PrairiesCan sources when you apply and once again after project approval

†Maximum $10 million to any 1 organization

Deadline Date

  Ongoing.

Contact

Contact Name: Prairies Economic Development Canada (PrairiesCan)

Phone Number: 1-888-338-9378

E-mail Address: wd.ab-ab.deo@prairiescan.gc.ca

Website: https://www.canada.ca/en/prairies-economic-development/services/funding/business-scale-up-productivity.html

Industry: Software/Technology, Location: Alberta , Manitoba , Saskatchewan ,
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