Updated September 2026 · Verified against Pacific Economic Development Canada guidelines
Reimbursement Est. 2021
Loan Federal Active

PacifiCan (Pacific Economic Development Canada) Funding

Pacific Economic Development Canada
Loan Range
Varies
Open: Regional Tariff Response Initiative, Regional Innovation Ecosystems (cu...
Visit Official Program →
Difficulty
Hard
Payment
Reimbursement
Trend
Stable
First-Timers
—
Financing share
50%
PacifiCan (Pacific Economic Development Canada) Funding offers funding that varies by project. PacifiCan offers repayable interest-free contributions of $200,000 to $5,000,000 to high-growth BC businesses (2+ years operating, 20%+ revenue growth) through its Business Scale-up and Productivity program — this is debt financing that must be fully repaid, not a grant. The program covers up to 50% of eligible costs. Open: Regional Tariff Response Initiative, Regional Innovation Ecosystems (current intake closes October 30, 2026 at 12:00 pm PT), Regional Quantum Initiative, Community Economic Development and Diversification, Build Communities Strong (Local Impact) and the two Lytton programs are listed Open; Business Scale-up and Productivity, BizAP, Regional AI, Regional Defence Investment and Regional Homebuilding Innovation are Currently closed.. Approval odds: ~20–40% (GrantCompass analysis)

Compared with the 242 other application forms we have read

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Real recipient data

Who actually receives this funding

11,161 awards on record since 2007. Typical award: $40K. Half of all awards fall between $39K and $60K. 85% of recipients are for-profit businesses. Top sectors among classified recipients: Building construction, Other professional services, Municipal government. Top provinces: Alberta 50% · British Columbia 38% · Saskatchewan 6%. Covers: PacifiCan umbrella: all business and community contributions under REGI and the Western Diversification Program in British Columbia and Yukon, including pre-2021 Western Economic Diversification awards. Source: Government of Canada proactive disclosure data · Contains information licensed under the Open Government Licence – Canada · Data through Q3 2026.

The typical award here is $40K — the median of 11,161 awards since 2007.

$40Ktypical award
11,161awards since 2007
85%for-profit

Award size distribution. Half of awards fall between $39K and $60K, with a typical award of $40K.

Award sizes middle 50% of awards
$40K typical $60K
Top sectors Building constructionOther professional servicesMunicipal government(of classified recipients)
Top provinces AB 50%BC 38%SK 6%

Covers all PacifiCan programs — including community and non-profit streams.

Named recipients

Recent recipients include The Fraserview Cedar Partnership (Surrey, BC, 2026), The University of British Columbia (Vancouver, BC, 2026) and Dream Photonics Inc. (Vancouver, BC, 2026).

  1. 2026The Fraserview Cedar PartnershipSurrey, BC · Manufacturing
  2. 2026The University of British ColumbiaVancouver, BC · Support for oil and gas
  3. 2026Dream Photonics Inc.Vancouver, BC · Semiconductor and electronic component
  4. 2026Black Entrepreneurs & Businesses of Canada SocietyVancouver, BC · Religious, civic, professional org
  5. 2026ThisFish Inc.Vancouver, BC · Other professional services
  6. 2026VRIFYVancouver, BC · Computer systems design services
  7. 2026Bio-Conscious Technologies Inc.Vancouver, BC · Automatic environment control mfg
  8. 2026Santevia Water System Inc.Delta, BC · Machinery manufacturing
  9. 2026Excellence in ManufacturingOwen Sound, ON · Other industry-specific machinery
  10. 2026Forest Product Association of CanadaOttawa, ON · Manufacturing
Show 28 more recipients
  1. 2025Deep Tech CanadaEdmonton, AB · Business associations
  2. 2025Institute for Catastrophic Loss ReductionToronto, ON · Other professional services
  3. 2023ActlabsAncaster, ON · Professional, scientific, technical
  4. 2023Tourism KelownaKelowna, AB · Other amusement and recreation
  5. 2022Palette Skills Inc.Toronto, ON · Educational services
  6. 2022Shuswap Water Tours Inc.Calgary, AB · Transportation and warehousing
  7. 2022National Angel Capital OrganizationToronto, ON · Religious, civic, professional org
  8. 2021AquaActionMontreal, QC · Religious, civic, professional org
  9. 20201953014 Alberta Ltd.Edmonton, AB
  10. 2020Alberta One Painting Ltd.Edmonton, AB
  11. 2020102089622 Saskatchewan Inc.Regina, SK
  12. 2020RankbreezeCalgary, AB
  13. 20201707506 Alberta Ltd.Calgary, AB
  14. 2020Calgary Happy Life Ltd.Calgary, AB
  15. 2020Global Drain Technologies Inc.Winnipeg, MB · Other metal structures
  16. 2020Person to Person Online RentalSaskatoon, SK
  17. 2020Hamilton Developments Inc.Regina, SK
  18. 2020WPG Timber Co.Winnipeg, MB
  19. 2020Saskbd Food International LimitedSaskatoon, SK
  20. 2020ABM Industrial Services Inc.Regina, SK
  21. 2020Dogtopia Regina EastWhite City, SK
  22. 2020Sunset Travel Ltd.Saskatoon, SK
  23. 2020Newway Transport Ltd.Winnipeg, MB
  24. 2020Anlund Financial Inc.Winnipeg, MB
  25. 202010056405 Manitoba Ltd.Winnipeg, MB
  26. 2020GravelHUB Marketing Ltd.Saskatoon, SK
  27. 20206801260 Manitoba Inc.Winnipeg, MB
  28. 2020Terra Brasilis MarketWinnipeg, MB
See how much each recipient received, and how each award compares to the typical one. Included in Premium ↓

Source: Government of Canada proactive disclosure

See who won this program →

What it actually funds

PacifiCan most often pays for facility builds

37% of 84 awards to businesses since April 2023 went to building or expanding a facility, and 17% to entering new markets or exporting.

Where the money went share of 84 awards

  • Building or expanding a facility37% 31

    Projects of this kind typically received $961K since April 2023.

  • Entering new markets or exporting17% 14
  • Building software or a digital product11% 9

    Real projects funded, in the government’s own words

    • Commercialize an AI platform for diabetes management
    • Support commercialization of AI-powered, modular software platform for unmanned systems
    • Advance an AI-assisted mineral discovery platform to improve mining exploration
  • Improving or automating operations8% 7

    Real projects funded, in the government’s own words

    • Implement automation to modernize and diversify print facility
  • Developing a new physical product7% 6

    Real projects funded, in the government’s own words

    • Commercialize an AI-driven robotic exoskeleton for personal mobility
    • Demonstration of Biogas Clean-up and Upgrading System for Developing Countries
    • Scale-up and expand product portfolio to include three additional medical isotopes
  • Adopting existing technology6% 5

    Real projects funded, in the government’s own words

    • Accelerate Adoption of AI-Powered Waste Sorting Systems in BC
    • Implement enterprise resource planning system for productivity enhancement
  • Other project types 14%buying equipment or machinery, marketing and sales, services for other businesses or a community and more

Rare here: hiring staff (1%). Only 11% of these projects created something new; most bought or expanded something that already exists.

Real projects funded in the government’s own words

Building or expanding a facility

  • Modernize facility to expand production capacity and timber manufacturing in Cumberland
  • Upgrade infrastructure to enable summer tours from a backcountry base near Revelstoke

Entering new markets or exporting

  • Accelerate export sales of wireless handheld ultrasound devices
  • Expanding global reach through market diversification for a transformer monitoring SaaS

Where in a company’s journey it pays

Most staged projects here were at the grow what works stage (64%).

  1. 0%Explore an idea
  2. 5%Build something new
  3. 1%Test and prove it
  4. 12%Launch it
  5. 64%Grow what works

The other 18% were not staged projects (hiring, advice, events) or did not say.

More about these projects

New, or more of what already works?

11% created something new63% bought or expanded something that already exists

The remaining 26% were a mix of both, or the description did not say.

  • 48%Leaves a physical asset behind
  • 14%Aimed at markets outside Canada
  • 2%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. 29 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.

Eligibility & Details

What this program funds and who can apply

Free

Program Description

PacifiCan offers repayable interest-free contributions of $200,000 to $5,000,000 to high-growth BC businesses (2+ years operating, 20%+ revenue growth) through its Business Scale-up and Productivity program — this is debt financing that must be fully repaid, not a grant. Non-repayable contributions of $600,000 to $2,500,000 are available to not-for-profit organizations through the Regional Innovation Ecosystems program. Tariff-impacted BC businesses can apply to the Regional Tariff Response Initiative for up to $3 million in non-repayable funding (liquidity assistance and pivot projects), or up to $20 million including repayable support.

Eligibility Requirements

  • Incorporated business operating in British Columbia (sole proprietorships ineligible)
  • BSP stream: business has been operating in Canada for at least two years, with staffed facilities in B.C. (other streams differ; the Regional Quantum Initiative accepts start-ups)
  • Demonstrated revenue growth (20%+ year-over-year preferred for Business Scale-up and Productivity program)
  • Maximum 500 full-time employees
  • BSP contribution of $200,000 to $5 million per project (up to 50% of eligible costs; lifetime maximum of $10 million per recipient)
  • Confirmed non-government co-funding of at least 50% of total project costs
Provinces
British Columbia
Industries
All
Business Stage
Startup Growth Expansion

Quick Assessment

Difficulty
Hard
Competition
High
First-Timer
Not rated

Funding Details

Amount
Varies
Type
Loan
Level
Federal
Financing share
Up to 50% of eligible costs
Deadline
Open: Regional Tariff Response Initiative, Regional Innovation Ecosystems (current intake closes October 30, 2026 at 12:00 pm PT), Regional Quantum Initiative, Community Economic Development and Diversification, Build Communities Strong (Local Impact) and the two Lytton programs are listed Open; Business Scale-up and Productivity, BizAP, Regional AI, Regional Defence Investment and Regional Homebuilding Innovation are Currently closed.

Program Scorecard

Competition, effort, and approval at a glance

Competition
High
Deadline
Ongoing
Approval
Moderate
Approval Rate
~20–40%
Accessibility
3/5

Moderate — standard application process

Competition
4/5

High competition — many applicants

Difficulty
4/5

Complex — detailed documentation needed

Processing Time
Budget Trend
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How to qualify

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

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Insider Tip

Always speak with a PacifiCan program officer before submitting your EOI — this is strongly recommended by the agency and skipping it significantly reduces your chances.

Premium See what trips up most applicants for this program — and how to avoid it.

Rejection Pitfalls 13

  • Revenue growth below the high-growth threshold (typically 20% year-over-year) for BSP
+12 more pitfalls
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Success Profile

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Evaluation Criteria

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Premium All 13 pitfalls, the checklist and the reviewer notes are in the Playbook below. See what it includes ↓

How Pacific Economic Development Canada judges your application

What the reviewer scores, what gets applications rejected, and what to write.

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Written answers37≈10.3k words from the funder’s limits
Judged on10 criteria
Can reject you13 rules
Decision90 business days
To attach7 documents

Distilled from 6+ source documents on canada.ca, condensed into one brief. Sources as of 2026-09-10.

6 of the sources

What Pacific Economic Development Canada favours

Lasting economic benefits for British Columbians and Canadians◦

“Clear and lasting economic benefits for British Columbians and Canadians”

2 more, in their words

The form2 prompts shown

Before you apply2 sections
  1. 1Talk to PacifiCan before applyingyes/no + writtenno limit

    Contact us if you have questions about a funding program or to discuss eligibility.

  2. 2Choose the programme and portal streamselectionno limit
Portal account and organization5 sections
  1. 3Register the organization in the PacifiCan funding application portalshort answerno limit
  2. 4Organization informationshort answerno limit
  3. 5Indigenous status, corporate status and organization typeselectionno limit
  4. 6CRA business number and incorporationshort answerno limit
  5. 7Number of employees (FTEs)short answerno limit
Project and contacts5 sections · ≈15 words
  1. 8Project primary and secondary contactshort answerno limit
  2. 9Project titleshort answer · 90 characters
  3. 10Project locationshort answerno limit
  4. 11Diversity and inclusion (optional)selection + writtenno limit

    Is your organization majority (i.e. over 50%) owned or led by individuals who self-identify as:

  5. 12Signing authorityshort answerno limit
RTRI: organization and project5 sections · ≈400 words
  1. 13Brief description and summary of your organizationwritten answer · 500 characters
  2. 14Project activities in plain languagewritten answer · 1,000 characters
  3. 15Economic benefits of the projectwritten answer · 1,000 characters
  4. 16RDA priority the project best supportsselectionno limit
  5. 17Proposed start and end datesshort answerno limit
RTRI: costs and funding4 sections · ≈200 words
  1. 18Project coststableno limit
  2. 19Cash flows by fiscal yeartableno limit
  3. 20Funding partnerstableno limit
  4. 21Project partnershipswritten answer · 1,200 characters
RTRI: activities and benefits4 sections · ≈750 words
  1. 22Primary activityselectionno limit
  2. 23Indicator tabletableno limit
  3. 24How the indicators will be achieved and trackedwritten answer · 3,000 characters
  4. 25Benefits to Francophonesyes/no + written · 1,500 characters
RTRI: project plan and management5 sections · ≈1500 words
  1. 26Full project description (pivot projects)written answer · 3,000 characters
  2. 27Project timeline - milestonestableno limit
  3. 28Rationale for the project and for RDA involvementwritten answer · 2,000 characters
  4. 29Governance and project oversightwritten answer · 2,000 characters
  5. 30Qualifications of the key individualswritten answer · 2,000 characters
RTRI: tariff impact and request9 sections · ≈850 words
  1. 31Additional details: history, ownership and revenueshort answerno limit
  2. 32Most significant risk and mitigationwritten answer · 1,000 characters
  3. 33Which best describes your tariff impactcheckboxesno limit
  4. 34How tariffs have affected your businesswritten answer · 2,000 characters
  5. 35Type of support requestedcheckboxesno limit
  6. 36Liquidity assistance: amountsshort answerno limit
  7. 37Liquidity assistance: how it maintains jobs and operationswritten answer · 2,000 characters
  8. 38Liquidity attestationcheckboxno limit
  9. 39Documentslistno limit
BSP: organization and project5 sections · ≈750 words
  1. 40Brief description and summary of your organizationwritten answer · 500 characters
  2. 41Project activities in plain languagewritten answer · 1,000 characters
  3. 42Economic benefitswritten answer · 1,000 characters
  4. 43RDA priority and how the project supports itselection + written · 2,000 characters
  5. 44Proposed start and end datesshort answerno limit
BSP: costs and funding4 sections · ≈200 words
  1. 45Project coststableno limit
  2. 46Cash flows by fiscal yeartableno limit
  3. 47Funding partnerstableno limit
  4. 48Project partnershipswritten answer · 1,200 characters
BSP: benefits5 sections · ≈850 words
  1. 49Primary activityselectionno limit
  2. 50Indicator tabletableno limit
  3. 51Other significant economic benefitswritten answer · 2,000 characters
  4. 52Benefits to Francophonesyes/no + written · 1,500 characters
  5. 53Alignment with government and industry prioritieswritten answer · 1,500 characters
BSP: plan and management8 sections · ≈2150 words
  1. 54Full project descriptionwritten answer · 3,000 characters
  2. 55Milestones and timeline commentstable · 1,000 characters
  3. 56Similar providers and how you differyes/no + written · 1,000 characters
  4. 57Rationale for the project and RDA involvementwritten answer · 2,000 characters
  5. 58Provinces benefiting and revenue generationcheckbox · 1,000 characters
  6. 59Governance and project oversightwritten answer · 2,000 characters
  7. 60Key individualswritten answer · 2,000 characters
  8. 61Additional detailsshort answer · 1,000 characters
BSP: documents and supplemental forms15 sections · ≈2650 words
  1. 62Documentslistno limit
  2. 63Use of Canadian Materials and Content: indicatorstableno limit
  3. 64Use of Canadian Materials and Content Q1selectionno limit
  4. 65Use of Canadian Materials and Content Q2written answer · 2,000 characters
  5. 66Project Cost Detailing Sheetspreadsheetno limit
  6. 67Definition of innovationselectionno limit
  7. 68IP strategywritten answer · 2,000 characters
  8. 69Technology readiness level (7 or higher)selection + written · 2,000 characters
  9. 70Technical descriptionwritten answer · 1,000 characters
  10. 71Technology resources in placewritten answer · 1,000 characters
  11. 72Remaining development to reach marketwritten answer · 1,000 characters
  12. 73Quality control and production standardswritten answer · 4,000 characters
  13. 74Competitive advantages and level of advancementwritten answer · 1,000 characters
  14. 75Market risk strategywritten answer · 2,000 characters
  15. 76Optional technical attachmentuploadno limit

bar = length the funder allows, from its stated limits

73 more prompts, in the funder’s words

Judged against4 questions · 10 criteria

  1. 1

    Is there a real, evidenced need?

    Show them Show the tariff impact or the market gap with dated evidence — export records, supplier notices, invoices, lost customers.◦

    In the funder’s words · 1
    • Regional development agencies will assess applications based on program criteria, demonstrated need, and the business’s proposed response to tariff impacts.
  2. 2

    What lasting economic benefit will this create?

    What to show, and the funder’s 4 criteria behind it in Premium

  3. 3

    Can they fund it and repay it?

    What to show, and the funder’s 2 criteria behind it in Premium

  4. 4

    Can this team deliver, and is the tech ready?

    What to show, and the funder’s 3 criteria behind it in Premium

7 questions the reviewer answers about you, in Premium.

Where applicants failin Pacific Economic Development Canada’s words

“Incomplete applications cannot be assessed and may be deemed ineligible.”
“Estimate your cash flows carefully, as changes will not automatically be approved.”

6 more, in the funder’s words

Premium · the rest of this brief

See all 13 rules that can reject you and every criterion you are judged on. Then we draft your application for you.

10 more rules that can reject you · 9 more criteria · 73 more prompts

$39 / month$299 / year save 36%Every program · Application workspace · 30-day money-backOr unlock this programme’s playbook alone · $19

Do you pass?15 checks

13 can rule you out; 2 are preferences. Tick the ones you meet.

Your business

  • Operating in Canada two years

    Has been operating in Canada for at least two years

  • Staffed facilities in B.C.

    Operate staffed facilities in B.C.

Your organisation

  • Business or NFP in British Columbia

    PacifiCan funding programs support businesses and not-for-profits in British Columbia with the goal of helping businesses grow, compete, create good jobs and build a strong economy.

12 more checks

AI use “Automated systems and/or artificial intelligence may be used to assist review and assessment of applications.”

3 things this funder says you do NOT need, in Premium.

Documents to attach7

Ticks are kept on this device.

The money

RTRI liquidity ceilingUp to $2 million non-repayable

Liquidity assistance (non-repayable contribution up to $2 million)

RTRI pivot non-repayableUp to $1 million non-repayable

Pivot project (non-repayable contribution up to $1 million)

RTRI pivot repayableRepayable contribution over $1 million

Pivot project (repayable contribution over $1 million)

RTRI liquidity basis50% of average monthly payroll

The amount is based mainly on 50% of your average monthly payroll for up to 12 months.

RTRI total ceilingUp to $20 million including repayable

A business may receive up to a maximum of $20 million in total RTRI funding when repayable support is included.

BSP contribution range$200,000 to $5 million per project

Interest-free repayable contributions of $200,000 to $5 million per project

RQI contribution rangeInterest-free $500,000 to $5 million

Interest-free repayable contributions of $500,000 to $5 million

BSP repayment1-year grace, then 60 monthly payments

Following a 1-year grace period after project completion, recipients will be required to make 60 equal monthly payments.

RQI repaymentMonthly installments over eight years

Repaid in monthly installments over eight years

Your shareAt least 50% from non-government sources

At least 50% of project funding must come from non-government sources

StackingSR&ED credits count; government support capped at 50%

Any government assistance received during the project and applied to project costs may reduce BSP funding to keep total government support at no more than 50%; assistance includes Scientific Research and Experimental Development Tax Incentive Program (SR&ED) credits and other federal or provincial tax credits

Costs before approvalRetroactive 12 months, not before April 1, 2026

For pivot projects, costs may be retroactively eligible for funding up to 12 months prior to the receipt of a project application but no earlier than April 1, 2026.

What it pays for · 4
  • Our funding can cover reasonable, incremental and essential project costs including:
  • essential recurring operating expenses related to rent or commercial lease payments, utilities, business insurance and property taxes
  • For businesses undertaking pivot projects, eligible costs are new, additional costs directly related to activities that improve productivity, competitiveness, supply chain resilience, market diversification, or long-term growth.
  • technology development and commercial demonstration costs (Technology Readiness Level 7-9)
What it does not pay for · 5
  • basic and applied R&D (Technology Readiness Level 1-6)
  • provisions for contingencies or commissions paid to consultants to secure funding
  • Purchase of raw materials or production inputs
  • Goodwill, in-kind costs, and the purchase of any assets for more than fair market value
  • Please note that Hospitality Costs are not eligible (such as paying client's lunch/dinner or meetings over lunch/dinner).

From application to money

  1. Talk to a business officerContact a business officer with questions
  2. Register in the portalup to 10 business daysAccount approved within 10 business days
  3. Submit the applicationComplete portal tabs and upload documents
  4. Funding decisionapproximately 90 business daysDecision in approximately 90 business days
  5. Sign contribution agreementInterest-free; payment schedule in agreement
  6. Claims and reportsProgress reports and financial statements throughout
In the funder’s words · 6
Talk to a business officer
Contact us if you have questions about a funding program or to discuss eligibility.
Register in the portal
From the time we receive your signed Portal Online Agreement and Client Authorization form, it can take up to 10 business days for your account to be approved.
Submit the application
Complete each portal tab and upload the supporting documents, then your signing authority submits the application.
Funding decision
PacifiCan anticipates funding decisions within approximately 90 business days from receiving a complete funding application.
Sign contribution agreement
Repayable contributions are interest-free. If approved, the schedule of payments will be set out in your contribution agreement.
Claims and reports
Recipients will be required to submit, along with funding claims, regular progress reports and financial statements to PacifiCan throughout the project, from implementation through to the end of the repayment period.

Quoted lines are word for word from the source documents; lines marked ◦ are our reading of them.

What's in this Playbook

Everything you need to secure PacifiCan (Pacific Economic Development Ca...

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

Premium 6 steps 11 docs

Application Steps

1 Speak with a PacifiCan Program Officer Contact PacifiCan before applying. Pre-application consultation is strongly recommended by the agency — skipping it significantly reduces your chances. Discuss your project concept and confirm eligibility.

Required Documents 11

✓ Completed Expression of Interest (EOI) — required first for BSP
✓ Business plan with market analysis, competitive advantage, management team qualifications

Eligible Expenses 8

Ineligible Expenses 8

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 Credits NRC IRAP CanExport SMEs Innovate BC programs Mitacs BDC Financing PacifiCan RTRI
Combined Funding Potential See your total funding potential

Clawback Risk

Medium Risk
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How PacifiCan (Pacific Economic Development Ca... Compares

Side-by-side with similar programs

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Frequently Asked Questions

Quick answers to the questions founders most often ask about PacifiCan (Pacific Economic Development Ca...

Free
Can sole proprietors apply?
No — PacifiCan requires incorporation. Sole proprietors are ineligible for all streams (BSP, RIE, CEDD, RTRI). Only incorporated BC businesses qualify.
What's the typical BSP award amount?
Most BSP awards cluster around $1.5M-$3M (range $200K-$5M). Recent data shows 541 of 1,366 awards were under $1M. Repayable interest-free over 60 months.
When is the next BSP intake?
BSP uses periodic intakes (not continuous). The March 2025 intake closed April 30, 2025. Next intake dates are posted on PacifiCan's funding page — check regularly for updates.
Do I need matching funding confirmed upfront?
Yes — PacifiCan requires confirmed non-government co-funding (50% minimum) at the Expression of Interest stage. Submit official letters from partners before applying.
Why do most BSP applications fail?
Common rejections: revenue growth below 20% YoY, unconfirmed matching funds, pre-revenue companies, or applying outside intake windows. Always consult a PacifiCan officer first.

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