Business Scale-up and Productivity (BSP)

Administrator: FedNor - Government of Canada
Source of Funds: Provincial Government, Canada
No Deadline
 

About

The Business Scale-up and Productivity (BSP) Stream, offered by FedNor, supports the growth of Northern Ontario businesses by helping them adopt innovative technologies, expand into new markets, and enhance productivity. The program targets SMEs that are looking to scale up, commercialize new technologies, and improve their global competitiveness. Funding, typically repayable, is available for projects with a maximum of $500,000, aimed at accelerating business growth and market diversification.

Ontario | Loans and Repayable Contributions | Repayable Contribution (Government loan)

Funding Limits

Eligible Expenditures

  • Max $500,000
  • Max 50.0% of Project Cost
  • Max 1 Years of Financial Assistance
  • Interest-Free, Government Loan
  • Equipment
  • Inventory
  • Labor
  • Long Term Assets
  • Other
  • Application Fee: None

Contact Information

Guidelines and Forms