Business Scale-up and Productivity Program (BSP)

Grant Description

Funding under this stream helps to accelerate the growth of firms and assist with the adoption of new, innovative technologies that support scale-up, productivity, and the development of and entry into new markets to help companies become globally competitive.

Eligibility Requirements

FedDev Ontario is looking for:

Innovative and globally-oriented businesses seeking to accelerate their growth.
High-potential firms (including accelerator graduates) that are commercializing innovative products, technologies and processes.
Firms with scale-up potential looking to improve productivity through the adaptation/adoption of highly innovative, first-of-its-kind technologies with the goal of global competitiveness and market expansion.
Entrepreneurs and businesses in rural areas looking to grow, commercialize and improve productivity.

Funding Level(s)

No-interest, repayable contributions from $500,000 up to $10 million per project.

Purpose

Supports adoption of advanced technologies to help agri-businesses that are not yet widespread within the sector

Source: http://www.feddevontario.gc.ca/eic/site/723.nsf/eng/02466.html?OpenDocument

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