The FedDev Ontario Business Scale-up and Productivity (BSP) program offsets upfront project costs and helps southern Ontario businesses grow more quickly. It provides no-interest repayable contributions (government loans) with repayment beginning within a year of project completion. This supports businesses as they adopt new, innovative technologies that support scale-up, productivity, and the development of and entry into new markets to become globally competitive.
The Business Scale-up and Productivity program provides southern Ontario business expansion loans of up to 35% of project costs to a maximum $10 million.
For more information, and how to apply, visit Mentor Works HERE: https://www.mentorworks.ca/government-funding/business-expansion/business-scaleup-productivity-ontario/