Business Scale-up and Productivity (BSP)- Prairie provinces

Provides loan-guarantees to entrepreneurs to cover costs associated with business registration, incorporation, and promotions, to purchase inventory and equipment, and provide working capital.
  • Manitoba Department of Jobs and the Economy
Overview of the Business Scale-up and Productivity (BSP)- Prairie provinces program:

The Business Scale-up and Productivity (BSP) program by Prairies Economic Development Canada provides financial assistance to high-growth businesses for scaling up, expanding markets, and improving productivity. The program supports projects that foster innovation, boost competitiveness, and create jobs. Eligible applicants include incorporated businesses, co-operatives, and Indigenous organizations. Funding is provided as interest-free repayable contributions, covering up to 50% of project costs.

Benefits of the Business Scale-up and Productivity (BSP)- Prairie provinces program:
  • Interest-free repayable contributions
  • Up to 50% of project costs covered
  • Support for innovation and competitiveness
Eligibility criteria of the Business Scale-up and Productivity (BSP)- Prairie provinces program:
  • Eligibility:
  • The BSP program supports incorporated businesses, co-operatives, and Indigenous organizations in the Prairie provinces.
  • Applicants must demonstrate high growth potential and a solid business plan for scaling up, expanding markets, or improving productivity.
  • Who and What the Program Supports:
  • High-growth businesses in the Prairie provinces
  • Projects focusing on scaling up, market expansion, and productivity improvements
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