PacifiCan — Jobs and Growth Fund — For profit
BC, Canada
Money to future-proof your business in British Columbia
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- Agriculture, forestry, fishing and hunting
- Manufacturing
- Information and cultural industries
- Health care and social assistance
- Other services (except public administration)
grant_single|grantors
- Government of Canada
- Pacific Economic Development Canada
grant_single|status
grant_card_status|open
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If you are working on a project for your business to transition to a green economy, foster an inclusive recovery, become more competitive and create jobs for Canadians, you could get an interest-free, repayable contribution for up to 50% of the project’s
grant_single_labels|projects
Eligible activities for this grant include:
- Supporting the transition to a green economy
- Fostering an inclusive recovery
- Advancing Canada's competitiveness and growing small and medium-sized enterprises (SMEs) through digital adoption
- Strengthening capacity in sectors critical to Canada's recovery and growth
grant_single|admissibleProjectsExample
$105,000
Vancouver
Development of a software platform for digital transformation in SMEs
$375,000
Ottawa
Construction of an inclusive community center for diversified social services
$80,000
Edmonton
Development of a professional certification program for digital skills in underserved communities
$192,500
Toronto
Implementation of a vertical farming system to enhance food security
$257,500
Montreal
Upgrading of manufacturing equipment to improve energy efficiency in a textile factory
grant_single_labels|admissibility
Eligibility criteria:
- Businesses and not-for-profit organizations in British Columbia
- Projects must support the transition to a green economy, foster an inclusive recovery, advance Canada’s competitiveness, or strengthen capacity in critical sectors
- Indigenous-led organizations and businesses are strongly encouraged to apply
grant_eligibility_criteria|who_can_apply
Eligible applicants for the Jobs and Growth Fund in British Columbia include businesses and not-for-profit organizations, with Indigenous-led organizations and businesses encouraged to apply:
- Businesses are eligible, excluding sole proprietors.
- Not-for-profit organizations and community economic development partners, including municipalities, post-secondary institutions, provinces, related entities, and Indigenous organizations are also eligible.
grant_eligibility_criteria|who_cannot_apply
Some types of companies are not eligible for this grant:
- Sole proprietors are not eligible for the Jobs and Growth Fund.
grant_eligibility_criteria|eligible_expenses
There are eligible expenses for this grant. Eligible costs may include capital costs (equipment, machinery), labour (wages, benefits), marketing, costs related to intellectual property, technology development, commercial demonstrations, professional, advisory, and technical services.
- Capital costs (equipment, machinery)
- Labour (wages, benefits)
- Marketing
- Costs related to intellectual property
- Technology development and commercial demonstrations
- Professional, advisory, technical services
grant_single_labels|criteria
There are evaluation and selection criteria for the Jobs and Growth Fund in British Columbia. The applications will be evaluated based on program alignment, economic benefits, management capability, financial capacity, market demand, and technology readiness.
- Program alignment: alignment with the 4 eligible activities of the program
- Economic benefits: ability to produce direct economic outcomes
- Management: capability of the management team
- Financial: capacity of the organization and leverage from other funders
- Market: strength of demand and competition
- Technology readiness: competitive advantage and advancement over existing technologies
grant_single_labels|register
- Step 1: Contact a PacifiCan officer
- Connect with a PacifiCan officer before submitting the application
- Ensure fit with the program and clarify any questions
- Step 2: Submit application
- Complete the application with all required details
- Include confirmation of non-RDA funding at the time of application
- Step 3: Evaluation process
- Applications will be assessed based on program objectives and relative strengths
- Evaluation areas include program alignment, economic benefits, management, financial capacity, market analysis, and technology readiness
Apply to this program
Jobs and Growth Fund in British Columbia
Description of the Grant
The Jobs and Growth Fund in British Columbia is a program aimed at supporting businesses and organizations in creating a stronger, inclusive economy in the region. With an investment of $85.4 million in British Columbia, the fund provides funding to help job creators and organizations transition to a green economy, foster an inclusive recovery, enhance competitiveness, and create jobs across the province.
Eligible activities under the program include supporting the transition to a green economy through clean technology adoption, driving sustainable economic growth in communities, advancing Canada's competitiveness through digital adoption in small and medium-sized enterprises, and strengthening capacity in critical sectors such as agriculture, manufacturing, health sciences, and technology. The fund offers interest-free repayable funding for up to 50% of eligible costs for businesses and non-repayable funding for up to 90% of eligible costs for not-for-profit organizations. Indigenous-led organizations and businesses are encouraged to apply, and stacking of government funding is limited to up to 75% of eligible costs for businesses.
Applicants will be evaluated based on program alignment, economic benefits, management capability, financial capacity, market demand, and technology readiness. The assessment process focuses on funding projects that align with the program objectives and have the potential to create direct economic outcomes, such as job creation and business growth. The Jobs and Growth Fund in British Columbia is a strategic initiative to support the long-term growth and development of businesses and communities in the region.
