During any given year, there are certain “hot times” to apply for government funding for a small business. These times vary but often include the start of the year (January), end of each quarter and the end of the year (December).
The “hot times” represent when your small business has the best chances of obtaining government funding from these agencies. Be it a government grant, government loan, a tax break or credit, the government funding age4ncies often funnel more money during these times.
The start of the year, everyone wants to start a business. It’s the thing to do – new year resolutions and all; so in return, the Canadian government funds many small business owners in order to help with the process.
The same situation applies for the end of the year – everyone wants to get the money and the funding agencies do need to close the programs off for the year, to make budgets for the following year – this makes it a crucial time to apply for funding.
The quarter end; be it the first, second, third or the fourth quarter is the time to take action.
1st Quarter Government Funding Deadlines
As the end of the first quarter approaches, the end of March signifies big things for small business owners across Canada – or at least it should if you are seeking funding for your small business.
The Canadian government has approximately 1,500 different funding programs across various funding agencies and levels of the Canadian government.
These programs can also be found in the Funding Database.
With the end of the first quarter, a large percentage of these programs are closing, due to their funding deadlines. This means, they are taking in the last and final applications before they make the funding decisions on who to fund and how much.
All of the funding has to be disbursed by the end of the quarter in order to make room for new goverment grants, government loans and funding options for the 2nd quarter and the rest of the year.
This makes it the best time to apply for government funding.
- Make sure you have your business plan ready. Check.
- Confirm your financials and financial projections are in order. Ask an expert.
- Start picking the best government funding programs that match your needs. Find them here.
No time to waste. Register here to get your access to the Funding Database and expert help.
In fact, having access to these programs now means being able to take advantage of the funding available before most individuals (if you act on it).
The deadline for many funding programs is the end of March and the good thing is you can figure out which programs you may be eligible for and get the info right here. (takes 30 seconds).
Access the 1st Quarter Government Funding Programs
Here is the schedule if you’re up for it:
Step 1: Register now right here. (and get your instant access)
Step 2: Take 3-5 days to work on the business plan using our business plan tool (and get expert help – even on the weekend)
Step 3: Take 1-2 days to have an expert review the plan in detail
Step 4: Request a funding search (our experts search for funding for you – takes 4 to 5 days)
Step 5; Start the application process (takes 2-3 days), and get those applications in before the quarter end!
Notice: Not everyone is eligible for a government grant or government loans. Be sure to speak with a funding expert at Canada Startups to get the guidance. The Funding Database is included with the membership, allowing you to find all options available and pick the ones you may be eligible for.
If you’re thinking of starting up, expanding your business and need government funding support – now’s the time to get going. There are nearly a 1,500 different government funding programs giving away thousands of dollars.
These funding programs are in place to help you as a small business fund various expenses your business may have. These types of expenses include:
- Business startup and development costs
- Training costs
- Job creation and wage support
- Purchase of tools, equipment and inventory
- Costs of going digital (taking your business online)
- Renovations for your business
- Product research and development
- Marketing costs
- and much more
The funding is available across most business industries and across all provinces.
Get your government funding information now and see what you need to do to take advantage.
SEARCHES RELATED TO 2022 FUNDING DEADLINE
I WANT START A BUSINESS IN...
IS THERE HELP IN MY INDUSTRY?
- Expansion Capital
- Funding For Equipment
- Business Acquisition Funding
- Consulting Services
- Hiring & Training Staff
- Management Support Services
- Professional and IT Services
- Transportation and Warehousing
- Accommodation and Food Services
- Culture and Recreation
- Finance and Real Estate
- Forestry, Hunting and Fishing
- Health and Social Assistance