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BSP Presentation

Business Scale-up and Productivity (BSP) program

 

Business Scale-up & Productivity (BSP) Program Stream

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Federal Flagship Innovation Platforms

Federal flagship innovation programs

4 Flagship Platforms

  • Trade Commissioner Services
  • Industrial Research Assistance Program
  • Strategic Innovation Fund
  • Regional Development Agencies
 

4 Flagship Platforms

  • Building on regional innovation capacity
  • Business-centric
  • Streamlined programming
  • 22 programs     —>     2 programs

Western Economic Diversification (WD)

WD promotes the development and diversification of the economy in Western Canada

 


Business Scale-up and Productivity (BSP)

The Business Scale-up and Productivity (BSP) stream is part of the Regional Economic Growth through Innovation (REGI) program, a national program delivered by regional development agencies (RDAs) across the country.

The BSP supports high-growth businesses that are scaling up and producing innovative goods, services, or technologies. It offers interest free repayable funding to incorporated businesses.

WD opened its first call for proposals for the BSP program in December 2018.

BSP objectives:

 


BSP Assistance

 


Eligible Recipients

Businesses must meet the following eligibility criteria:

 


Priority Areas

WD will consider projects in the following areas:


Areas of Focus

Preference will be given to proposals with a demonstrated focus on:

 


Eligible Activities

 


Eligible Costs

Incremental costs essential to the project.

Examples

 


Ineligible Costs

Costs deemed unreasonable, non-incremental, and/or not directly related to project activities.

Examples

 


Expected Results

 


Expected Results - Inclusiveness

Information on the Government of Canada’s Inclusive Innovation Agenda

 


Expression of Interest (EOI) Process

Businesses that are interested in BSP are strongly encouraged to contact us prior to completing an EOI.

When submitting your EOI by email use subject line: “BSP Expression of Interest” and attach the following documents:

Expression of Interests only accepted during intake periods. The next intake period will take place between January 15 and February 16, 2021.

WD reserves the right to change intake dates at any time; consult our website for the most current dates.

Within 30 calendar days of the close of the intake, WD will invite select companies to submit a full application for funding consideration. If you have not been contacted, your project will not be considered for funding.

 


Confirmation of Funding

Evidence of Confirmed Funding

Not Accepted as Confirmed Funding

 


Assessment Process

EOIs demonstrating the highest merit and fit with BSP objectives will be invited to complete a full application and undergo a detailed assessment.

Assessment Process

If undergoing a detailed assessment, WD will request:

Although WD may engage companies directly on outstanding questions or issues, applicants are advised to submit a complete and thorough application.

Not all applications undergoing a detailed assessment will receive an offer of funding.

A technical assessment may be conducted by National Research Council’s - Industrial Research Assistance Program (NRC-IRAP) for projects utilizing novel technology.

Sustainable Development Technologies Canada and Clean Growth Hub will be consulted on projects related to clean technology and clean resources.

 


Funding Disbursement / Repayment

Funding Disbursement

Repayment

 


Elements of a Strong Project

 


Timelines

EOI/Application volumes may impact all timelines.

 


Other Funding Consideration

Working With WD


For More Information, contact us directly at one of our regional offices by calling 1-888-338-9378.

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