Beneficiaries of federal business innovation and growth support programs, 2018
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Description: Beneficiaries of federal business innovation and growth support programs, 2018
Beneficiaries of federal business innovation and growth support programs, 2018
The majority of beneficiary enterprises were small and medium-sized enterprises.
Small and medium-sized enterprises received 57.3% of the total value of support.
Employment size | Proportion of beneficiary enterprises | Proportion of the total value of support |
---|---|---|
percent | ||
Small and medium-sized enterprises | 94.6 | 57.3 |
Large enterprises | 5.4 | 42.7 |
The annual revenue of most beneficiary enterprises was less than $2 million.
These enterprises received 29.6% of the total value of support.
Revenue size | Proportion of beneficiary enterprises | Proportion of the total value of support |
---|---|---|
percent | ||
Less than $2 million in revenue | 54.9 | 29.6 |
$2 million or more in revenue | 45.1 | 70.4 |
The manufacturing sector received the largest share (29.0%) of the total value of support.
The key manufacturing beneficiary subsectors
Subsector | Proportion of the value of support to the manufacturing sector |
---|---|
percent | |
Transportation equipment manufacturing | 29.2 |
Machinery manufacturing | 18.4 |
Computer and electronic product manufacturing | 9.9 |
Other manufacturing subsectors | 42.5 |
Transportation equipment manufacturers received 29.2% of the value of support in the manufacturing sector.
Note: Small and medium-sized enterprises employ fewer than 500 employees in a given year, while large enterprises have 500 or more employees.
Source: Statistics Canada, Business Innovation and Growth Support.
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