Closed
Source verified July 27, 2026
REGI — Business Scale-up and Productivity (BSP) - Northern Ontario
Support for business scale-up and productivity
Funding available
$ 500,000
Deadline
June 15, 2024
Opened November 14, 2019
Location
Ontario, Canada
Overview
Business Scale-up and Productivity in Northern Ontario provides generally repayable support of up to $500,000 for incorporated SMEs and Indigenous businesses or organizations whose projects benefit Northern Ontario by accelerating growth, productivity, technology adoption, and market expansion. Supported projects can include technology adoption, advanced manufacturing capacity development, and commercialization or market development activities.
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At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Develop a new product or service
- Optimize production processes
Eligible Funding
- Maximum amount : 500,000 $
- Up to 50% of project cost
Eligible candidates
Eligible Industries
- All industries
Location
- Ontario
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Indigenous Peoples
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Assessing, acquiring, adapting, or adopting new technologies or processes, including related skills development.
- Process re-engineering, productivity improvement, and increased or improved manufacturing capacity, including advanced manufacturing capacity development.
- Late-stage product, process, or service development for market diversification and growth, such as technology showcasing.
- Market diagnostics, market development or expansion, integration into domestic and global value chains, and demonstration of new technologies or processes in an operational setting.
- Building high-performance teams and adopting best management practices, processes, systems, governance, and investment readiness measures.
Official resources
Eligibility
Who is eligible?
- Incorporated small and medium-sized enterprises (SMEs).
- Indigenous (First Nation/Métis/Inuit) businesses and organizations.
- Applicants must be legal entities capable of entering into legally binding agreements.
Who is not eligible
- Retail businesses.
- Service-based businesses.
- Smaller startups and entrepreneurs (these may be eligible under separate Regional Innovation Ecosystems streams).
Eligible expenses
- Project-specific labour and material costs, including wages and benefits.
- Capital costs for machinery, equipment, and infrastructure.
- Incremental, measurable operating costs directly related to the project.
- Professional, advisory, and technical service fees, including subcontracting.
- Costs related to intellectual property, preproduction, commercialization, and expanding or maintaining markets.
Ineligible Costs and Activities
- Regular maintenance, ongoing operating costs, and regularly scheduled capital expenditures or asset replacement.
- Refinancing of existing debt, amortization, and goodwill costs.
- Acquisition of land and buildings.
- Basic research and purchases of assets above fair market value.
- Costs that are not reasonable, not directly related to eligible project activities, or incurred before the eligibility date.
Eligible geographic areas
- Northern Ontario
Selection criteria
- Strength of the business case and financial projections.
- The applicant’s past results.
- Any issues that may impact the project’s success.
- Funding availability may affect approval.
How to apply
- Contact a FedNor Officer at 1-877-333-6673 to discuss your project or proposal before submitting an application.
- Begin the application process through the FedNor client portal.
Processing and Agreement
- Submitting an application does not guarantee funding approval.
- Applications are assessed as they are received.
- Post-submission review includes the business case, financial projections, the applicant’s past results, and any issues that may affect project success.
- Approval may also depend on funding availability.
- Repayment terms are determined during development of the contribution agreement and normally begin no later than one year after project completion.
Additional information
- The program currently has limited budget availability due to high demand.
- Applicants are encouraged to consider Canadian materials and content where they are competitive and available.
- Government financial assistance may have tax implications for a business, and applicants are encouraged to seek advice from a qualified tax professional.
Contacts
Frequently Asked Questions about the REGI — Business Scale-up and Productivity (BSP) - Northern Ontario Program
What is the REGI — Business Scale-up and Productivity (BSP) - Northern Ontario?
Business Scale-up and Productivity in Northern Ontario provides generally repayable support of up to $500,000 for incorporated SMEs and Indigenous businesses or organizations whose projects benefit Northern Ontario by accelerating growth, productivity, technology adoption, and market expansion. Supported projects can include technology adoption, advanced manufacturing capacity development, and commercialization or market development activities.
How much funding can be received?
REGI — Business Scale-up and Productivity (BSP) - Northern Ontario Funds up to 50% of admissible expenses, capped at $500,000 per project.
What is the deadline to apply?
The application deadline for this grant program was June 15, 2024.
Who is eligible for the REGI — Business Scale-up and Productivity (BSP) - Northern Ontario program?
To be eligible for the REGI — Business Scale-up and Productivity (BSP) - Northern Ontario program, you must:
Applicants must be incorporated SMEs or Indigenous businesses and organizations.
Applicants must be legal entities capable of entering into legally binding agreements.
Projects must benefit Northern Ontario, and applicants must show a sustainable business model and capacity to complete and repay the project.
What expenses are eligible under REGI — Business Scale-up and Productivity (BSP) - Northern Ontario?
Assessing, acquiring, adapting, or adopting new technologies or processes, including related skills development.
Process re-engineering, productivity improvement, and increased or improved manufacturing capacity, including advanced manufacturing capacity development.
Late-stage product, process, or service development for market diversification and growth, such as technology showcasing.
Market diagnostics, market development or expansion, integration into domestic and global value chains, and demonstration of new technologies or processes in an operational setting.
Building high-performance teams and adopting best management practices, processes, systems, governance, and investment readiness measures.
Who can I contact for more information about the REGI — Business Scale-up and Productivity (BSP) - Northern Ontario?
You can contact Federal Economic Development Agency for Northern Ontario (FedNor) or by phone at 1-877-333-6673.
Where is the REGI — Business Scale-up and Productivity (BSP) - Northern Ontario available?
The REGI — Business Scale-up and Productivity (BSP) - Northern Ontario program is available the province of Ontario.