PrairiesCan Business Scale-up and Productivity (BSP) Program - Saskatchewan
Federal interest-free repayable loans $200,000 to $5 million for high-growth Saskatchewan (and Prairie) businesses scaling up or commercializing technology.
About this program
Prairies Economic Development Canada (PrairiesCan) Business Scale-up and Productivity (BSP) program provides interest-free, repayable contributions from $200,000 to $5 million to incorporated high-growth businesses in Saskatchewan, Alberta, and Manitoba. Funds cover up to 50% of eligible project costs; non-government sources must cover at least 50%. Eligible activities include scale-up, productivity improvements, market expansion, and late-stage technology commercialization. Priority is given to companies with 20% year-over-year revenue growth. Lifetime cap per organization is $10 million over the program (2018-2026). Continuous intake via Expression of Interest; repayment begins 1 year after project completion in 60 monthly installments.
Eligibility
Incorporated high-growth for-profit businesses operating in Saskatchewan (or other Prairie provinces) for at least 2 years; producing innovative goods, services, or technologies; confirmed funding from non-government sources covering at least 50% of project costs; priority to companies with 20%+ YoY revenue growth.
Requirements
- Saskatchewan/Prairie incorporation
- 2+ years of operations
- High-growth track record (20%+ YoY revenue ideal)