Business Scale-up and Productivity (BSP) in British Columbia

Overview

The Business Scale-up and Productivity (BSP) program funds high-growth businesses^{Footnote *} in B.C. that are scaling and developing innovative goods, services or technologies. It focuses on both established and emerging sectors to enhance B.C.’s leadership in various priority areas.

Program objectives

The Business Scale-up and Productivity program supports and accelerates growth through the following activities:

• Business scale-up: market development or expansion, adopting best management practices, processes and systems and business opportunity development
• Technology commercialization: late-stage product development to grow and diversify markets, and technology demonstration (Technology Readiness Levels 7-9) 
• Productivity improvement: acquiring, adapting or adopting new technologies and processes, process re-engineering and improving manufacturing capacity
• Market Diversification: increase businesses’ capacity to grow through entry into global markets

Projects are expected to generate strong economic results including:

• creating high-quality jobs in Canada
• increasing revenue and export sales
• growing business sales from commercialization (where applicable)

Applicants must clearly demonstrate how they will achieve these results and funding recipients will be required to report on their progress.