BC Manufacturing Jobs Fund: Capital Investment
The BC Manufacturing Jobs Fund (BCMJF) first launched in 2023 to support manufacturing companies to modernize, innovate, and grow by providing funding for capital projects in all regions in B.C., particularly in communities affected by economic impacts or downturns.
Offered by Ministry of Jobs, Economic Development and Innovation
Amount
No specific amount specified
Quick eligibility check
Who can apply
Eligible capital projects must be:
Businesses
For-profit organizations
Entities with for-profit manufacturing operations, including First Nations and Indigenous- and First Nation-owned enterprises
Be located in B.C.
Contribute to long-term regional economic growth, sustainability and/or diversity
Be financially viable and leverage market demand
Create, maintain or diversify job opportunities for local workers
Have a high degree of readiness and bring direct benefits to communities
Demonstrate alignment with program goals
About the funding
Funding to invest in new or renovated manufacturing infrastructure, technology, equipment, and processes, including renovating idle industrial buildings such as an unused mill site.
Funding Amount
Minimum: $100,000
Maximum: $10,000,000
Show all funding details
Total eligible project costs should be approximately $500,000 up to $100 million
Up to 20% of total eligible project costs
Funding Details
Projects should be initiated within one year
Funding will be paid out in installments based on milestones achieved
Applicants will be asked to submit project documentation that outlines the project budget, other potential and secured funding sources, and demonstrates project viability
Examples
Build or expand a manufacturing facility
Upgrade equipment or machinery to support new product lines
Adopt innovative processes to manufacture value-added forestry products from biomass or other alternatives
Retrofit a processing facility to expand or adopt new technology and processes
Improve processes for fabrication
Similar programs
| Program | Type | Amount | Status |
|---|---|---|---|
| AgriScience Program – Projects | Grant, In-Kind Support | Up to $5 million per project and $10 million per applicant over the program's duration (2023 to 2028) | Open |
| B.C. Agri-Business Planning Program Stream 1: Agri-business skills and leadership development | Grant | Up to 70 percent of eligible costs, maximum reimbursement of up to $2,000 per business (minimum reimbursement of $500) | Open |
| B.C. Agri-Business Planning Program Stream 2: Business planning, preparedness, and disaster recovery | Grant | Reimbursement after project completion: maximum of up to $7,500 for an individual business (minimum $500) | Open |
