Open
BDC Advisory Services — Operational Efficiency
Advice to optimize operations and profits
Last Update: May 28, 2026
Funding available
Varies by project
Timeline
- Open Date : July 9, 2024
Location
Canada
Overview
We can also finance the cost of BDC advisory services to help you improve operations and support your project. The program focuses on operational efficiency, digital integration, and practical coaching and workshops.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Increase operational productivity
- Optimize production processes
Eligible Funding
- Varies by project
Timeline
- Open Date : July 9, 2024
Eligible candidates
Eligible Industries
- Manufacturing
- Professional, scientific and technical services
- Administrative and support, waste management and remediation services
Location
- Canada
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
There are operational efficiency projects and activities eligible for this grant. These include:
- Optimizing operations by assessing sources of waste and improving processes
- Integrating digital tools and technologies for efficiency and competitiveness
- Building internal capabilities and tracking progress for continuous improvement
Eligibility
Who is eligible?
Canadian businesses looking to optimize operations, integrate digital technologies, and improve efficiency are the target beneficiaries of this grant. The program appears to be facilitated by Business Development Bank of Canada (BDC) and may provide financial support for BDC advisory services.Eligible expenses
This grant focuses on optimizing operational efficiency and integrating digital technology to enhance productivity and competitiveness. It backs projects that identify operational inefficiencies, employ digital tools, and support staff capability enhancement for better performance.
- Assessment of operations to identify sources of waste and improve production capabilities.
- Integration of digital tools and technologies to heighten efficiency and competitiveness.
- Implementation of robotics and automation tools to increase productivity.
- Delivery of virtual on-site workshops to enhance team knowledge and problem-solving abilities.
- Development of operations management tools and plans for continuous improvement.
- Provision of consultant support for effective operations management and KPI monitoring.
Eligible geographic areas
The grant covers expenses associated with optimizing operations and implementing digital technologies for business growth.
- Cost of BDC advisory services for operational improvement projects.
- Expenses related to virtual on-site workshops for team skill enhancement.
- Purchase of tools and technologies such as robotics and automation.
- Consulting and coaching fees for operational management.
Frequently Asked Questions about the BDC Advisory Services — Operational Efficiency Program
Here are answers to the most common questions about the BDC Advisory Services — Operational Efficiency. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the BDC Advisory Services — Operational Efficiency?
We can also finance the cost of BDC advisory services to help you improve operations and support your project. The program focuses on operational efficiency, digital integration, and practical coaching and workshops.
Who is eligible for the BDC Advisory Services — Operational Efficiency program?
To be eligible for the BDC Advisory Services — Operational Efficiency program, you must:
Companies must aim to optimize operational efficiency using BDC advisory services.
Applicants should be prepared to integrate digital tools and technologies to enhance competitiveness.
What expenses are eligible under BDC Advisory Services — Operational Efficiency?
There are operational efficiency projects and activities eligible for this grant. These include:
Optimizing operations by assessing sources of waste and improving processes
Integrating digital tools and technologies for efficiency and competitiveness
Building internal capabilities and tracking progress for continuous improvement
Who can I contact for more information about the BDC Advisory Services — Operational Efficiency?
You can contact Business Development Bank of Canada (BDC).
Where is the BDC Advisory Services — Operational Efficiency available?
The BDC Advisory Services — Operational Efficiency program is available across Canada.
Is the BDC Advisory Services — Operational Efficiency a grant, loan, or tax credit?
BDC Advisory Services — Operational Efficiency is a Expert Advice
Who are the financial supporters of the BDC Advisory Services — Operational Efficiency?
BDC Advisory Services — Operational Efficiency is funded by Business Development Bank of Canada (BDC)