Updated August 2026 · Verified against Federal Economic Development Agency for Southern Ontario guidelines
▲ Growing Reimbursement Est. 2019
Forgivable Loan Federal Active

FedDev Ontario — Business Scale-up and Productivity (BSP)

Federal Economic Development Agency for Southern Ontario
Loan Range
$125,000 to $10,000,000
FedDev Ontario is accepting applications (Business Scale-up and Productivity)...
Visit Official Program →
Difficulty
Hard
Payment
Reimbursement
Trend
Growing
First-Timers
—
Financing share
50%
FedDev Ontario — Business Scale-up and Productivity (BSP) provides up to $125,000 to $10,000,000. Interest-free repayable contributions of $125,000 to $10,000,000 for incorporated businesses in southern Ontario to scale operations, adopt innovative technologies, and improve productivity. The program covers up to 50% of eligible costs. FedDev Ontario is accepting applications (Business Scale-up and Productivity). Confirm the current intake window on the official page..
Eligibility check

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Real recipient data

Who actually receives this funding

429 awards on record since 2014. Typical award: $1.75M. Half of all awards fall between $1M and $2.85M. The advertised maximum is $10M — most awards land closer to $1.75M. 100% of recipients are for-profit businesses. Top sectors among classified recipients: Data processing and hosting, Computer systems design services, Other fabricated metal products. Top provinces: Ontario 100%. Covers: FedDev Ontario BSUP contributions — Ontario for-profit scale-up contributions including predecessor program names. Source: Government of Canada proactive disclosure data · Contains information licensed under the Open Government Licence – Canada · Data through Q3 2026.

The typical FedDev Ontario award is $1.75M — the median of 429 awards since 2014, even though the program advertises up to $10M.

$1.75Mtypical award
429awards since 2014
100%for-profit

Most awards fall between $1M and $2.85M, with a typical (median) award of $1.75M. The program funds up to $10M for the largest projects — about 5.7 times the typical award.

Where awards land
typical $1.75M $1M $2.85M
up to $10M

Most awards land between $1M and $2.85M, with a typical award of $1.75M — and this program funds up to $10M for the largest projects.

Top sectors Data processing and hostingComputer systems design servicesOther fabricated metal products(of classified recipients)
Top provinces ON 100%

Named recipients

Recent recipients include Kinectrics Inc. (Toronto, ON, 2025), Piston Automotive Canada ULC (Mississauga, ON, 2025) and Celplast Metallized Products Limited (Toronto, ON, 2025).

  1. 2025Kinectrics Inc.Toronto, ON · R&D in natural sciences
  2. 2025Piston Automotive Canada ULCMississauga, ON · Other motor vehicle parts
  3. 2025Celplast Metallized Products LimitedToronto, ON · Plastics and rubber mfg
  4. 2025Eco GuardianAurora, ON · Manufacturing
  5. 2025PiiComm Inc.Plantagenet, ON · Computer systems design services
  6. 2025Lucid Corp.Concord, ON · Plastics and rubber mfg
  7. 2025Cyclic MaterialsKingston, ON · Materials recovery facilities
  8. 2025Redstone Food Consultants Ltd.Mississauga, ON · Food manufacturing
  9. 2025GH Power Inc.Hamilton, ON · Primary metal manufacturing
  10. 2025Melnik Resources Ltd.Mount Brydges, ON · Other fabricated metal products
Show 30 more recipients
  1. 2025Blake Medical Group Inc.Brantford, ON · Medical equipment manufacturing
  2. 2025Traferox Technologies Inc.Mississauga, ON · Medical equipment manufacturing
  3. 2025Quantum Bridge TechnologiesToronto, ON · Computer systems design services
  4. 2024Dyck Exterior Installation Inc.Aylmer, ON · Construction
  5. 2024A.B.M. Tool & Die Co. Ltd.Brampton, ON · Other industry-specific machinery
  6. 2024Letar Inc.Concord, ON · Aerospace product manufacturing
  7. 2024Schaaf Foods Inc.Waterloo, ON · Commercial bakeries
  8. 2024Scapa Tapes North America ULCRenfrew, ON · Chemical manufacturing
  9. 2024Nordik Windows Inc.Vars, ON · Plastics and rubber mfg
  10. 2024Greenfield Ethanol Inc.Chatham, ON · Chemical manufacturing
  11. 2024Paradigm Shift Technologies Inc.Toronto, ON · Engineering services
  12. 2024H2 Analytics Inc.Ottawa, ON · Computer systems design services
  13. 2024Sky Acoustics Inc.Vaughan, ON · Manufacturing
  14. 2024Hydra Dyne Technology Inc.Ingersoll, ON · Machinery manufacturing
  15. 2024Future TransferTillsonburg, ON · Chemical manufacturing
  16. 2024Imagoh Foods Ltd.Scarborough, ON · Food manufacturing
  17. 2024Voltera Inc.Waterloo, ON · Other industry-specific machinery
  18. 2024Universal Seal Inc.Bancroft, ON · Other miscellaneous manufacturing
  19. 2024SinterisBlenheim, ON · Plate work manufacturing
  20. 2024Smarter Alloys Inc.Cambridge, ON · Other fabricated metal products
  21. 2024Chemicheck IncEtobicoke, ON · Engineering services
  22. 2024Proventus GlobalToronto, ON · Construction
  23. 2024Tipco Inc.Brampton, ON · Other industry-specific machinery
  24. 2024ArcelorMittal Tailored Blanks Americas LimitedIngersoll, ON · Other motor vehicle parts
  25. 2024Tristar Coatings Ltd.Brampton, ON · Chemical manufacturing
  26. 2024VerdynToronto, ON · Construction
  27. 2024Metalworks CorporationBradford, ON · Prefabricated metal buildings
  28. 2024Northland Paving LtdShelburne, ON · Construction
  29. 2024Dajcor Aluminum Ltd.Chatham, ON · Other fabricated metal products
  30. 2019Enviroplast Inc.Vaughan, QC · Chemical manufacturing
See how much each recipient received, and how each award compares to the typical one. Included in Premium ↓

Source: Government of Canada proactive disclosure

What it actually funds

This program most often pays for equipment

38% of 128 awards to businesses since April 2023 went to buying equipment or machinery, and 18% to building software or a digital product.

Where the money went share of 128 awards

  • Buying equipment or machinery38% 49

    Projects of this kind typically received $1.5M since April 2023.

  • Building software or a digital product18% 23

    Projects of this kind typically received $1M since April 2023.

  • Building or expanding a facility17% 22

    Projects of this kind typically received $2.7M since April 2023.

    Real projects funded, in the government’s own words

    • To launch a new health products manufacturing facility in Pickering.
    • To scale operations and establish a Centre of Excellence for rare earth elements recycling in Kingston, Ontario.
    • To expand operations and strengthen manufacturing capabilities in the manufacturing of electric vehicle parts by expanding existing facilities.
  • Improving or automating operations9% 12

    Real projects funded, in the government’s own words

    • To automate its extrusion processes and commercialize a new digital paint product.
  • Developing a new physical product9% 12

    Real projects funded, in the government’s own words

    • To develop a new cargo drone model with increased range and carrying capacity.
    • To support the design and manufacturing of new equipment for the sheet metal fabrication industry featuring robotic and artificial intelligence (AI) capabilities.
    • To commercialize a new benchtop printed circuit board assembly solution that accelerates electronic prototyping.
  • Other project types 8%entering new markets or exporting, adopting existing technology, services for other businesses or a community

Only 14% of these projects created something new; most bought or expanded something that already exists.

Real projects funded in the government’s own words

Buying equipment or machinery

  • To purchase new equipment to increase manufacturing capabilities and productivity.
  • To increase production capacities and grow its clientele through equipment acquisition and process improvements.

Building software or a digital product

  • To develop Voice AI Assistants and artificial intelligence (AI) powered chatbots.
  • To scale-up a digital platform for mental health.

Where in a company’s journey it pays

Most staged projects here were at the grow what works stage (71%).

  1. 0%Explore an idea
  2. 6%Build something new
  3. <1%Test and prove it
  4. 15%Launch it
  5. 71%Grow what works

The other 7% were not staged projects (hiring, advice, events) or did not say.

More about these projects

New, or more of what already works?

14% created something new64% bought or expanded something that already exists

The remaining 22% were a mix of both, or the description did not say.

  • 61%Leaves a physical asset behind
  • 9%Aimed at markets outside Canada
  • 9%Claims an environmental benefit

How we know: we read the government’s published description of each award; an AI classifier sorted them, and we hand-checked a sample (92% correct). Individual awards can be misfiled, so read the shares as approximate. 45 more awards had descriptions too vague to sort and are left out. Federal disclosure lists awards above $25,000 only. Contains information licensed under the Open Government Licence – Canada.

What winners did next

What FedDev Ontario BSP winners won next

Among the 35 FedDev Ontario BSP winners who went on to win a different program, 15 (43%) won Industrial Research Assistance Program (IRAP) next, typically about 2 years later. That is about 6.1x its rate across all the funding sequences in this data.

You are hereFedDev Ontario BSP35 won again
Most common next winIRAP15 of 35 · 43%

Other programs the same group won next

Of 42 winners of this program who later won something else, 7 won a program excluded from this view (Canada Summer Jobs; Enabling Accessibility Fund). Shares here are out of the remaining 35.

Counts winners of this program who later won a different program, using public government recipient disclosure. It describes businesses that went on to win again, not every past winner: recipients who never won a second program are not a path, and federal disclosure only lists awards above $25,000, so smaller first awards are invisible here. Timing is recorded by year only. Contains information licensed under the Open Government Licence – Canada.

Eligibility & Details

What this program funds and who can apply

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Program Description

Interest-free repayable contributions of $125,000 to $10,000,000 for incorporated businesses in southern Ontario to scale operations, adopt innovative technologies, and improve productivity. Repayment begins one year after project completion with no early repayment penalties.

Eligibility Requirements

  • Incorporated business in southern Ontario
  • Minimum 5 full-time employees
  • Must provide matching funding for at least 50% of eligible project costs
  • Only one active FedDev application permitted at a time across all programs
Provinces
Industries
All
Business Stage
Growth Expansion Established

Quick Assessment

Difficulty
Hard
Competition
Moderate
First-Timer
Not rated

Funding Details

Amount
$125,000 to $10,000,000
Type
Forgivable Loan
Level
Federal
Financing share
Up to 50% of eligible costs
Deadline
FedDev Ontario is accepting applications (Business Scale-up and Productivity). Confirm the current intake window on the official page.

Program Scorecard

Competition, effort, and approval at a glance

Competition
Moderate
Deadline
Oct 1, 2026
Approval
Moderate
Accessibility
2/5

Difficult — significant preparation needed

Competition
3/5

Moderate competition — prepare a strong application

Difficulty
4/5

Complex — detailed documentation needed

Approval Rate
Processing Time
Budget Trend
Premium See your real odds, processing time and budget trend for this program — and exactly what it takes to win it.

How to qualify

Insider tips, common pitfalls, and what successful applicants look like

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Insider Tip

Contact FedDev at [email protected] before applying — they actively help shape viable proposals.

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Rejection Pitfalls 6

  • Located outside southern Ontario (northern Ontario served by FedNor/NOHFC)
+5 more pitfalls
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Success Profile

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Evaluation Criteria

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What's in this Playbook

Everything you need to secure BSP

Not a marketing summary. The actual checklist, intel, and stack strategy reviewers look for.

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Application Playbook

Step-by-step process, required documents, and expenses

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Application Steps

1 Pre-Application Contact Email [email protected] or call 1-866-593-5505 before applying. Officers actively help shape viable proposals and advise on intake priority alignment — this step meaningfully improves success rates.

Required Documents 7

✓ Annual financial statements for last 2 fiscal years (audit or review engagement preferred)
✓ Most recent interim financial statement

Eligible Expenses 8

Ineligible Expenses 11

Deadline Notes

Ineligible Organizations

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Funding Stack Strategy

Compatible programs, clawback risk, and combined funding potential

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Compatible Programs

SR&ED Tax Credit NRC IRAP CanExport SMEs FedDev Ontario RTRI
Combined Funding Potential See your total funding potential

Clawback Risk

Low Risk

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How BSP Compares

Side-by-side with similar programs

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Program Amount Difficulty Payment Deadline
FedDev Ontario — Business Scale-up an... $125,000 to $10,000,000 Hard Reimbursement FedDev Ontario is...
NRC IRAP Clean Technology Program $100,000–$500,000 Hard Mixed (Advance + Reimb.) Ongoing
CanExport SMEs Up to $50,000 Moderate Mixed (Advance + Reimb.) Between intakes — the...
Ontario Job Grant (formerly Canada-On... Up to $10,000 per employee Easy Varies Ongoing — year-round...
Ontario Innovation Tax Credit Up to 8% tax credit Moderate Tax Credit Offset Ongoing

Related Programs

Other programs you might be eligible for

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Frequently Asked Questions

Quick answers to the questions founders most often ask about BSP

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Can sole proprietors apply?
No. Must be incorporated business in southern Ontario with minimum 5 full-time employees. Sole proprietors don't qualify for BSP.
What's the typical award amount?
$250K-$750K for first-time applicants. Average across 147 projects in 2024-25 was ~$658K. $10M max is for major expansions only.
Do I need matching funding?
Yes, 50% minimum matching required. FedDev recently increased this from 35% making BSP more attractive.
When are decisions made?
Intake 2 deadline Feb 26, 2026; Intake 3 Oct 1, 2026. Current programs list shows BSP may be inactive — verify directly with FedDev.
Why do applications fail?
Common rejections: outside southern Ontario, <5 FTEs, insufficient matching funds, or already having an active FedDev application.

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