BSP speeds up company progress helping people embrace and you may adjust creative innovation one help productivity. Capital supporting early adoption otherwise type out-of creative tech and processes, commercializing/generating new items otherwise processes, growing management capability, and contrasting/developing export avenues.

• Amount: Repayable share (no-attract loan) all the way to thirty-five% away from qualified venture costs so you’re able to a maximum $ten billion. Minimal inquire out-of $five hundred,one hundred thousand.
• Eligibility: Southern area Ontario companies, integrated and you may effective for a few or higher age. Should have four or higher employees. Pre-revenue enterprises and the ones which have under four employees wanted research of scale-up possible.

Eastern Ontario Development Financing (EODF)

EODF brings money so you can Canadian SMEs growing businesses and you may performing efforts from inside the Eastern Ontario. Funding is actually suited to accommodate projects that encompass investing the new money products, improving present operations and operations, and https://getbadcreditloan.com/payday-loans-la/breaux-bridge/ you will desire the fresh industry solutions.

• Amount: Up to 15% away from eligible expenses to help you an optimum $step 1.5 mil within the low-repayable offer investment getting strategies with budgets up to $ten million. Methods with finances that meet or exceed that it count tends to be entitled to receive a variety of grants and you may loans as much as $5 mil.Continue reading→