FedDev Ontario — Business Scale-up and Productivity
This guide is retained as dated editorial context. Confirm a current verified intake with the official program operator before taking action.
Current operational facts
Status
Status under review
Review the official source before relying on availability, timing, or funding amounts.
Timing
Confirm in official guidance
Funding
Confirm in official guidance
Being re-verified; check the official source
Open program operator pageOverview
Program availability is currently unavailable or under review.
The guide below preserves dated structure and source context. It does not represent a current offer, application path, or eligibility decision.
Eligibility context
Hard Gates — Must Have
Southern Ontario location
Must operate in the FedDev Ontario region
Revenue-generating
Must have existing revenue (not pre-revenue)
Growth plan
Clear plan for how funding drives scale-up
Job creation
Funding must result in new jobs or retained positions
Soft Gates — Nice to Have
Technology adoption
Projects involving new tech or process improvement score higher
Export potential
Companies with international growth plans preferred
How Much
Current status
Status under review
Timing
Confirm in official guidance
Funding
Confirm in official guidance
Editorial process context
Do not start an application from this guide. Confirm a current intake with the official program operator first.
Expression of interest
Submit EOI through FedDev Ontario portal with project summary.
Full application
If invited, submit detailed business case, financials, and project plan.
Due diligence
FedDev conducts financial and project review.
Contribution agreement
Negotiate terms, sign agreement, begin project.
Disbursement
Funding released in tranches tied to milestones.
Common Mistakes
Treating it like a grant
BSP is repayable. Budget for repayment starting year 3. Companies that plan as if it were non-repayable run into cash flow issues later.
Weak job creation narrative
FedDev cares about economic impact. If your project doesn't clearly create or retain jobs, the application will be deprioritized.
Applying pre-revenue
BSP is for scale-up, not startup. If you don't have revenue yet, look at IRAP or Futurpreneur instead.
Related Programs
Program action is unavailable
This program is not currently available for matching. Review the official program operator page for a verified future intake.