Business Scale-up and Productivity (BSP)

Scaling a high-growth business often requires major investments in equipment, talent, and commercialization before revenues fully catch up. For ambitious companies in Alberta, Saskatchewan, and Manitoba, the Business Scale-up and Productivity (BSP) program offers meaningful support to help accelerate that next phase of growth. Delivered by Prairies Economic Development Canada, BSP is aimed at businesses that are expanding production, bringing innovative products or technologies to market, or improving productivity to compete at a national or global level.

BSP can contribute a significant portion of eligible project costs, often covering up to half of a large-scale growth initiative, with total support reaching into the millions for qualifying projects. Funding is provided on an interest-free, repayable basis after project completion, making it especially attractive for companies planning substantial investments in areas such as advanced equipment, skilled labour, technology development, commercialization activities, or market expansion. The program looks for projects with clear economic impact, including job creation, revenue growth, export development, and private-sector investment, while also encouraging inclusive growth that supports underrepresented groups.

With a continuous intake and a two-stage application process that begins with an expression of interest, BSP is well suited for Prairie-based businesses that are ready to scale and can demonstrate strong growth potential. Exploring the full program details can help determine whether your expansion plans align with what PrairiesCan is looking to support.