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Western Economic Diversification (WED) recently announced an extension to the application deadline for the Business Scale-up and Productivity (BSP) Program. The BSP program offers interest-free funding to Western Canadian companies that want to increase growth and competitiveness both in Canada and abroad. It is intended to help firms commercialize new technologies, improve productivity, and assist with entry into global markets. Priority areas for the program include clean technology, clean resources, life sciences, value-added agriculture, advanced manufacturing, and digital technology. It is noted on the website that “preference may be given to small and medium-sized enterprises (SMEs) with less than 500 full-time employees.”
For more information on this program, please go to https://www.wd-deo.gc.ca/eng/19762.asp