LIFT — Lead with Innovation and Focus on Technology
LoanCanada — federal
LIFT is a BDC program that combines preferential-rate financing with advisory consulting to help Canadian businesses invest in advanced technology, artificial intelligence, digital tools, automation, and cybersecurity. Businesses can choose between two paths: digital transformation and AI adoption, or productivity enhancement through digitally enabled equipment and robotics, with mandatory or optional advisory planning depending on the path chosen.
What you'll need
- Business registration and proof of Canadian incorporation
- Financial statements demonstrating minimum $1M annual revenue (or $5M for equipment path)
- Project description and technology investment plan
- BDC Advisory Services assessment or digital/productivity plan