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PacifiCan, or Pacific Economic Development Canada, is a regional development agency focused on fostering economic growth and diversification in British Columbia and Yukon through various grants and funding initiatives. It supports businesses, non-profits, and communities by promoting innovation, aiding in recovery efforts, and enhancing community economic development.
Pacific Economic Development Canada, often abbreviated as PacifiCan, is a significant regional development agency dedicated to fostering economic growth and diversification across Western Canada, specifically focusing on the provinces of British Columbia and Yukon. Established to replace and expand upon the roles of Western Economic Diversification Canada in these regions, PacifiCan plays a pivotal role in supporting businesses, communities, and non-profit organizations through a range of grants and funding initiatives.
PacifiCan's primary mission is to promote innovation and community economic development, thereby enhancing the economic prosperity of the region. The agency recognizes the unique economic challenges and opportunities that exist within British Columbia and Yukon and tailors its support to suit these distinct needs. Through a variety of programs, PacifiCan offers vital financial support to businesses and non-profits aiming to expand, innovate, and contribute positively to their communities.
One of the key programs offered by PacifiCan is the Business Scale-up and Productivity program. This initiative is designed to assist high-growth firms that are seeking to scale their operations, improve productivity, and expand into new markets. By providing interest-free, repayable funding, PacifiCan helps these businesses accelerate their growth trajectories, increase competitiveness, and create jobs within their communities. This support is crucial for companies looking to invest in technology adoption and process improvements which foster long-term economic benefits.
Non-profit organizations also find substantial support through PacifiCan initiatives. The Economic Development Initiative, for instance, is particularly beneficial for non-profit organizations that are focused on fostering business development and innovation in areas with specific linguistic or cultural attributes, such as Francophone communities. This program provides funding for projects aimed at enhancing economic growth and improving the sustainability of these communities by supporting entrepreneurship and improving access to business services.
Moreover, PacifiCan is instrumental in delivering the Regional Relief and Recovery Fund, which was established as a pandemic response measure to support businesses and non-profits deeply affected by COVID-19. This fund provided critical financial assistance to organizations that experienced significant revenue losses due to the pandemic, enabling them to maintain operations, save jobs, and prepare for recovery.
Community Economic Development is another focus area for PacifiCan, facilitating investments that lead to sustainable community growth. The Community Economic Development and Diversification program provides funding for initiatives that support economic diversification and development at the community level. This program is particularly beneficial for projects that increase economic activities in rural and remote areas, leveraging local strengths to enhance prosperity.
To assist businesses and non-profits in effectively accessing these funding opportunities, PacifiCan provides guidance and resources through its network of local offices and partners. These resources help applicants navigate the application processes, ensuring that they can maximize the benefits of available programs.
Ultimately, PacifiCan's grants and funding initiatives are essential for promoting economic resilience and growth across British Columbia and Yukon. By enabling businesses and non-profits to thrive and innovate, PacifiCan contributes significantly to the region's economic development, ensuring that it remains competitive and prosperous in an ever-changing global economy. Through strategic investment and support, PacifiCan continues to play a crucial role in shaping the future of the Pacific region's economy.
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Francophone economic development in British Columbia
Francophone business support in British Columbia
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Other Support
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Tourism Growth Program in British Columbia
The Tourism Growth Program (TGP) provides funding to support the growth and development of tourism projects in British Columbia.
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- Arts, entertainment and recreation
- Accommodation and food services
- Other services (except public administration)
- Public administration
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Grant and Funding
grant_card_status|open
PacifiCan — Jobs and Growth Fund — Indigenous Stream
Money to future-proof your Indigenous-led business in British Columbia
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- Agriculture, forestry, fishing and hunting
- Manufacturing
- Information and cultural industries
- Professional, scientific and technical services
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Grant and Funding
grant_card_status|open
PacifiCan — Economic Development Initiative
Funding to support francophone businesses and communities in British Columbia
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- grant_card|noCondition
grant_card|eligibleIndustries
- Information and cultural industries
- Arts, entertainment and recreation
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Grant and Funding
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Regional Quantum Initiative in British Columbia
The Regional Quantum Initiative in British Columbia supports the advancement and commercialization of quantum technologies through targeted funding for eligible businesses and not-for-profits.
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- Manufacturing
- Information and cultural industries
- Professional, scientific and technical services
- Educational services
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Grant and Funding
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PacifiCan — Lytton Business Restart Program
Apply for the Lytton Business Restart Program to revitalize your business and contribute to Lytton's economic recovery.
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- Retail trade
- Health care and social assistance
- Accommodation and food services
- Other services (except public administration)
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Grant and FundingLoans and Capital investments
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PacifiCan — Aerospace Regional Recovery Initiative
Funding to recover Canada’s aerospace sector in British Columbia
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- Manufacturing
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Grant and Funding
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PacifiCan — Regional Economic Growth through Innovation — Regional Innovation Ecosystems
Funding to support business growth in British Columbia
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- Agriculture, forestry, fishing and hunting
- Manufacturing
- Information and cultural industries
- Professional, scientific and technical services
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Grant and Funding
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PacifiCan — Jobs and Growth Fund — For profit
Money to future-proof your business in British Columbia
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- Agriculture, forestry, fishing and hunting
- Manufacturing
- Information and cultural industries
- Health care and social assistance
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Grant and Funding
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PacifiCan — Regional Economic Growth through Innovation — Business Scale-Up and Productivity
Financing to accelerate growth in British Columbia
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- Agriculture, forestry, fishing and hunting
- Mining, quarrying, and oil and gas extraction
- Manufacturing
- Information and cultural industries
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Grant and Funding
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PacifiCan — Aerospace Regional Recovery Initiative — Indigenous Stream
Funding to recover Canada’s Indigenous-led aerospace sector in British Columbia
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- grant_card|noCondition
grant_card|eligibleIndustries
- Manufacturing
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Grant and Funding
grant_card_status|closed
PacifiCan — Jobs and Growth Fund — Not-for-profit
Money to future-proof your non-profit in British Columbia
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- Agriculture, forestry, fishing and hunting
- Manufacturing
- Information and cultural industries
- Health care and social assistance
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Grant and Funding
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Business Scale-up and Productivity in British Columbia
The Business Scale-up and Productivity (BSP) program supports high-growth businesses in British Columbia with interest-free, repayable funding to accelerate growth and innovation.
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grant_card|eligibleIndustries
- Agriculture, forestry, fishing and hunting
- Mining, quarrying, and oil and gas extraction
- Manufacturing
- Information and cultural industries
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Grant and Funding
grant_card_status|closed
PacifiCan Business Acceleration Pilot (BizAP)
"Apply to BizAP to secure funding and expert support for scaling your high-growth business in British Columbia!"
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- grant_card|allIndustries
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Grant and Funding