How much funding can be received?

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 a non-repayable contribution for up to 90% of the project’s cost.

grant_single_labels|terms_and_conditions

This grant provides specific funding conditions designed to support eligible projects and organizations effectively, ensuring long-term growth and competitiveness.

The maximum funding available for a project is $10 million.
Eligible businesses can receive interest-free repayable funding for up to 50% of eligible costs.
Eligible not-for-profit organizations can receive non-repayable funding for up to 90% of eligible costs.
Not-for-profit organizations undertaking commercial projects will be considered businesses for funding purposes.
Funding stacking is limited to up to 75% of eligible costs for businesses or commercial projects from all three levels of governments.
Indigenous clients may receive funding for up to 100% of eligible project costs in exceptional cases.
Other sources of funding must be confirmed at the time of application.
Repayable contributions require no security/collateral and have a one-year grace period after project completion, followed by equal monthly payments over five years, and early repayment incurs no penalty.

grant_single_labels|projects

This grant supports activities that drive sustainable economic growth and foster inclusivity across various sectors in British Columbia. The eligible projects focus on transitioning to a green economy, supporting underrepresented groups, advancing competitiveness through digital adoption, and strengthening critical sectors in Canada.

Supporting the development and adoption of clean technology and driving clean, sustainable economic growth.
Partnering with organizations to catalyze the development of green regional clusters and transition businesses to a green economy.
Supporting businesses owned or led by underrepresented groups, including Indigenous peoples and members of racialized communities.
Increasing participation of underrepresented groups in the economy by supporting not-for-profits that provide training and access to resources.
Advancing Canada’s competitiveness by supporting the development or adoption of digital solutions to enhance productivity and growth.
Supporting scale-up and market expansion activities in sectors like value-added agriculture, advanced manufacturing, health sciences, and digital technology.
Supporting supply chain adaptation and diversification to build Canadian capacity in critical sectors such as food production and medical supplies.

grant_single|admissibleProjectsExample

$ 450,000

Create an inclusive workforce training program for underrepresented groups

$ 1,170,000

Launch a digital solutions hub to support SMEs in enhancing productivity

$ 585,000

Develop a new line of bioplastic products to reduce environmental impact

$ 1,035,000

Support scale-up and market expansion of organic agriculture products

$ 990,000

Implement supply chain adaptations for a biomanufacturing company

$ 810,000

Develop a community solar-power project in partnership with local businesses

grant_single_labels|admissibility

Eligibility for this grant is determined by specific requirements related to the applicant's profile and proposed activities.

The applicant must be a business or a not-for-profit organization.
Sole proprietors are not eligible.
Eligible applicants include community economic development partners, municipalities, post-secondary institutions, provinces, related entities, and Indigenous organizations.
Indigenous-led organizations and/or businesses are strongly encouraged to apply.

grant_eligibility_criteria|who_can_apply

Businesses, including Indigenous-led businesses, and not-for-profit organizations such as community economic development partners, municipalities, post-secondary institutions, provincial entities, and Indigenous organizations can apply for this grant. However, sole proprietors are not eligible.

grant_eligibility_criteria|who_cannot_apply

This grant has restrictions regarding the types of companies based on their status. Certain applicants are not eligible for funding under this program.

Sole proprietors are not eligible for this grant.

grant_eligibility_criteria|eligible_expenses

Eligible expenses for the grant include incremental costs essential for the project's success.

Capital costs including equipment and machinery.
Labour costs including wages and benefits.
Marketing expenses related to the project.
Costs related to intellectual property.
Technology development and commercial demonstrations.
Professional, advisory, and technical services.

grant_eligibility_criteria|zone

This grant is offered by PacifiCan, which is specific to the province of British Columbia in Canada. Therefore, eligible applicants are those located within this geographical region.

Organizations located in British Columbia, Canada.

grant_single_labels|criteria

The evaluation and selection of projects for this grant are based on the ability to achieve program objectives and relative strengths of the applications.

Program alignment: alignment with one or more of the 4 eligible activities of the program.
Economic benefits: the ability to produce direct economic outcomes supported by reasonable assumptions, such as the number and quality of jobs created relative to the funding amount requested.
Management: the management team’s capability and the ability of the applicant to achieve the intended outcomes.
Financial: Financial capacity of the organization, including the ability to repay for businesses; other confirmed funding and the amount of leverage from other funders (government and non-government).
Market: the nature and strength of demand and competition for the product and services being proposed.
Technology readiness: the competitive advantage and degree of advancement over existing technologies, including an intellectual property management strategy, applicable to technology commercialization projects.

grant_single_labels|register

Here are the steps to submit an application for the Jobs and Growth Fund in British Columbia:

Step 1: Contact PacifiCan
Reach out to a PacifiCan officer to discuss your project's eligibility.
Get guidance on how to align your application with program objectives.
Step 2: Prepare Application
Prepare a detailed project proposal including objectives and expected outcomes that align with eligible activities.
Gather confirmed funding information from third-party sources.
Compile all necessary documents, including financial statements and letters of support.
Step 3: Submit Application
Complete the online application form on the applicable funding platform.
Upload all required documentation and confirm non-RDA funding sources.
Submit the complete application (before funding is fully allocated or before March 31, 2024).
Step 4: Confirmation of Submission
Receive a confirmation email with your application reference number.
Save the confirmation for your records and future communication with PacifiCan.

grant_single_labels|otherInfo

Here are additional relevant details for this grant:

Applications are assessed based on their alignment with program objectives and strengths.
Confirmed funding must be provided at the time of application, with specified acceptable methods of confirmation.
Repayable contributions are interest-free and have a specific repayment structure including a one-year grace period following project completion.
There is no penalty for early repayment of contributions.
Indigenous clients may receive funding for up to 100% of eligible project costs in exceptional cases.