grant_single_labels|summary

grant_single|eligibleFinancing
  • grant_single|projectCostPercent
grant_single|deadlines
  • grant_single|closingDateMarch 31, 2024
  • grant_single|grantStatusClosed
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
  • Agriculture, forestry, fishing and hunting
  • Manufacturing
  • Information and cultural industries
  • Professional, scientific and technical services
  • Health care and social assistance
grant_single|grantors
  • Government of Canada
  • Pacific Economic Development Canada (PacifiCan)
grant_single|status
grant_card_status|closed

grant_single_labels|preview

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|apply

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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.

Apply to this program

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