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Government of British Columbia
Support for manufacturing companies in BC
Helps BC manufacturers pay for new or upgraded facilities, technology, and equipment. Covers costs for renovating unused industrial buildings.
Funding for capital projects to invest in new or renovated manufacturing infrastructure, technology, equipment, and processes. Supports modernization, innovation, and growth, with a particular focus on high-value, high-growth sectors, especially the forestry sector's transition to sustainable, value-added products. Funding covers up to 20% of total eligible project costs, which should range from $500,000 to $100 million.
Business Size: small, medium, large
Industries: manufacturing, forestry
Region: British Columbia
Demographics: Indigenous
Other Criteria: for-profit organizations, registered to do business in B.C., operate in the manufacturing sector (create products using industrial or mass production processes), have established operations (at the proposed project location or elsewhere), have an established employee base, be in a viable financial position (not in foreclosure or for sale, business plan and financial records showing current or projected growth, profits, and/or ability to pay off short-term debts), project located in B.C., project contributes to long-term regional economic growth, sustainability and/or diversity, project is financially viable and leverages market demand, project creates, maintains or diversifies job opportunities for local workers, project has a high degree of readiness, project brings direct benefits to communities, project demonstrates alignment with program goals, total eligible project costs should be approximately $500,000 up to $100 million
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This program is available to small, medium, large businesses in manufacturing, forestry industries located in British Columbia.
This program offers funding up to $10,000,000 (minimum $100,000).
The application deadline is November 15, 2024.
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