Loan / Financing · Federal (Canada-wide)
PrairiesCan – Business Scale-up and Productivity (BSP, under REGI)
Also known as: PrairiesCan BSP
PrairiesCan's flagship business stream: interest-free REPAYABLE contributions of $200,000 to $5 million for incorporated prairie businesses (MB/SK/AB) to scale up, adopt technology, improve productivity, or diversify markets. Covers up to 50% of eligible costs; repayment starts 1 year after project completion over 5 years. Continuous intake via Expression of Interest.
Repayable (interest-free) — not a grant. Checked 2026-07-10: no expiry/sunset date for program authority found anywhere on the current page (last updated 2025-11-13); PrairiesCan describes EOI intake as ongoing. The earlier 'authority ends in 2026' caution was not corroborated and was removed from eligibilitySummary. Funding range re-confirmed 2026-07-19 on the program's /information.html sub-page (not this entry's sourceUrl, so not covered by the automated drift check): "minimum $200,000; maximum $5 million per project from PrairiesCan" (a footnote on that page adds a $10 million cap per organization across multiple projects) — https://www.canada.ca/en/prairies-economic-development/services/funding/business-scale-up-productivity/information.html.
Who qualifies
- Incorporated business located in Manitoba, Saskatchewan, or Alberta
- ⚠️ HARD GATE: at least 2 years of operations
- Contribution $200,000–$5M, interest-free but REPAYABLE (60 monthly payments starting 1 year after completion)
- Covers up to 50% of eligible costs — applicant funds the other half
- Project improves productivity, technology adoption, scale-up, or market diversification
- Strong preference for clear job creation and economic impact metrics
Typical applicant
Growth-stage prairie businesses (2+ years operating) investing in technology adoption, export market development, productivity improvements, or significant facility upgrades
Verified against the official program page as of 2026-07-19. Programs change — always confirm current details with the program office before committing project spend.
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