Business Scale-up and Productivity

Amount: No-interest, repayable contributions from $500,000 up to $10 million per project

Eligibility Criteria

  • Innovative and globally-oriented businesses seeking to accelerate their growth.
  • High-potential firms (including accelerator graduates) that are commercializing innovative products, technologies and processes.
  • Firms with scale-up potential looking to improve productivity through the adaptation/adoption of highly innovative, first-of-its-kind technologies with the goal of global competitiveness and market expansion.
  • Entrepreneurs and businesses in rural areas looking to grow, commercialize and improve productivity.

Eligible Cost

  • Assist high-growth firms to scale up and expand.
  • Support technology demonstration and the commercialization of new technologies.
  • Encourage the early adoption or adaptation of leading-edge technologies and processes to improve productivity.
  • Increase businesses’ capacity to grow through market diversification and entry into global markets.
  • Foster innovation, technology adoption and digital connectivity in rural areas.
  • Leveraging risk capital to accelerate the commercialization of products and services geared towards market diversification and growth.
  • Automating and digitizing processes, and related skills development, to improve productivity and increase business capacity and competitiveness.