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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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Funding available
$ 200,000 - $ 5,000,000
Location
British Columbia, Canada
Overview
The Business Scale-up and Productivity program provides interest-free, repayable contributions of $200,000 to $5 million to incorporated high-growth businesses operating in British Columbia to scale up, improve productivity, and commercialize innovation. Eligible projects can support market expansion, adoption of new technologies and processes, and late-stage product development or technology demonstrations.
Receipt of requests is now closed
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At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Increase production or service capacity
- Develop a new product or service
Eligible Funding
- Maximum amount : 5,000,000 $
- Minimum amount : 200,000 $
- Up to 50% of project cost
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- British Columbia
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Indigenous Peoples
- Rural or Northern Residents
- Youth (<40)
- Women
Next Steps
1
Determine your project
Availability timeline
2026
Periods: 1
Activities funded
- Business scale-up, including market development or expansion, adopting best management practices, processes and systems, and business opportunity development
- Productivity improvement, including acquiring, adapting or adopting new technologies and processes, process re-engineering, and improving manufacturing capacity
- Technology commercialization, including late-stage product development geared toward market diversification and growth, and technology demonstration
Documents Needed
- A completed application submitted in the portal
- A completed BSP Use of Canadian Materials and Content Form
- A detailed project cost breakdown entered in the BSP Project Cost Detailing Sheet
- A completed BSP Technology Questionnaire for technology commercialization projects only
- A business plan, financial statements for at least 2 complete years, forecasted income statements and cash flow for the project duration, and written confirmation of funding from all sources
Sources and recorded changes
- Source change captured
- Change recorded
- Record updated
A captured source change or record update does not confirm eligibility. Check the funder’s current rules before applying.
BSP intake closed
Business Scale-up and Productivity (BSP) in British Columbia now shows that it is not currently accepting applications, replacing the prior April 27, 2026 to May 27, 2026 intake window.
Business Scale-up and Productivity (BSP) in British Columbia now shows Not currently accepting applications on the main program page, the funding overview, and the Who can apply and How to apply pages, replacing the prior open window of April 27, 2026 at 12:00 pm to May 27, 2026 at 12:00 pm. The How to apply page also adds a notice that applicant information may be shared with other governments to review projects and determine eligibility for other programs, while the funding amount of $200,000 to $5M per project and the repayable contribution funding type remain visible.
Program guide
Eligibility
Who is eligible?
- Incorporated high-growth businesses
- For-profit companies incorporated to conduct business in Canada
- Businesses that have been in operation for at least 2 years in Canada
- Businesses with staffed operating facilities in British Columbia
Eligible expenses
- Equipment, machinery and other capital costs
- Wages and benefits
- Marketing and intellectual property costs
- Technology development and demonstrations
- Professional services
Ineligible Costs and Activities
- Basic and applied research and development (Technology Readiness Level 1-6)
- Land and buildings
- Entertainment expenses, salary bonuses and dividend payments
- Refinancing of existing debts, amortization or depreciation of assets, federal and provincial income taxes, GST (recoverable portion), taxes or surtaxes on excess profit, allowance for interest on invested capital, bonds, debentures, and other debts, and losses on investments, bad debts and associated expenses, other projects and contracts
- Provisions for contingencies or commissions paid to consultants to secure funding, lobbying activities, and donations, dues and membership fees
Eligible geographic areas
- Canada
- British Columbia
Selection criteria
- Alignment with BSP program objectives and at least one priority area
- Clear and lasting economic benefits for British Columbians and Canadians, with significant economic outcomes
- Clear market demand, market size, and business potential
- Strong governance, financial management, financial capacity, and management capability to execute the project and repay funding
- Share of private investment relative to government assistance, use of Canadian Material and Content, and technology readiness for technology commercialization projects
How to apply
- Review the eligibility requirements.
- Review the Applicant guide and the Technical guide.
- Complete the BSP Use of Canadian Materials and Content Form, the BSP Project Cost Detailing Sheet, and the BSP Technology Questionnaire if applicable.
- Submit an application through the online application portal and select BC (PacifiCan) – Business Scale-Up and Productivity (BSP).
Processing and Agreement
- Applications are assessed based on their strengths, and decisions are informed by program priorities and budgets, which may change at any time.
- As part of the detailed assessment, PacifiCan will require disclosure of pre-existing disbursements to third parties or senior executives and will conduct a credit check.
- For projects developing or commercializing new technology, a technical assessment may be done by the National Research Council's Industrial Research Assistance Program; for clean technology and resource projects, the Industrial Research Assistance Program may be consulted.
- PacifiCan anticipates funding decisions within approximately 90 business days from receiving a complete funding application.
- Successful recipients are funded by reimbursement of claims and must submit regular progress reports and financial statements throughout the project, from implementation through to the end of the repayment period.
Additional information
- PacifiCan may consider an application submitted under one program for suitability and potential funding under other PacifiCan programs, subject to eligibility requirements and available funding.
- Information provided by applicants may be shared with other federal departments and agencies, provincial or territorial governments, and municipal governments to review projects and determine eligibility for other Government of Canada programs.
- Applicants are encouraged to report efforts to support inclusivity for Indigenous people, women and youth in line with the Government of Canada’s Inclusive Innovation Agenda.
- Use of Canadian materials and content is not a condition of funding, but depending on the amount of contribution sought it may be considered in assessing the project and recipients may be required to report on progress toward their targets.
Contacts
Frequently Asked Questions about the PacifiCan — Regional Economic Growth through Innovation — Business Scale-Up and Productivity Program
What is the PacifiCan — Regional Economic Growth through Innovation — Business Scale-Up and Productivity?
The Business Scale-up and Productivity program provides interest-free, repayable contributions of $200,000 to $5 million to incorporated high-growth businesses operating in British Columbia to scale up, improve productivity, and commercialize innovation. Eligible projects can support market expansion, adoption of new technologies and processes, and late-stage product development or technology demonstrations.
How much funding can be received?
PacifiCan — Regional Economic Growth through Innovation — Business Scale-Up and Productivity Funds up to 50% of admissible expenses, capped at $5,000,000 per project.
Who is eligible for the PacifiCan — Regional Economic Growth through Innovation — Business Scale-Up and Productivity program?
To be eligible for the PacifiCan — Regional Economic Growth through Innovation — Business Scale-Up and Productivity program, you must:
High-growth, for-profit companies incorporated to conduct business in Canada
Businesses operating in Canada for at least 2 years with staffed facilities in British Columbia
Confirmed funding from all other sources, including at least 50% from non-government sources
What expenses are eligible under PacifiCan — Regional Economic Growth through Innovation — Business Scale-Up and Productivity?
Equipment, machinery and other capital costs
Wages and benefits
Marketing and intellectual property costs
Technology development and demonstrations
Professional services
Who can I contact for more information about the PacifiCan — Regional Economic Growth through Innovation — Business Scale-Up and Productivity?
You can contact Pacific Economic Development Canada (PacifiCan) by email at info@pacifican.gc.ca or by phone at 1-888-338-9378.
Where is the PacifiCan — Regional Economic Growth through Innovation — Business Scale-Up and Productivity available?
The PacifiCan — Regional Economic Growth through Innovation — Business Scale-Up and Productivity program is available the province of British Columbia.
Is the PacifiCan — Regional Economic Growth through Innovation — Business Scale-Up and Productivity a grant, loan, or tax credit?
PacifiCan — Regional Economic Growth through Innovation — Business Scale-Up and Productivity is a Loans and Capital investments