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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