Are government grants available for a new small business?
A new small business may benefit from government grants, as there are many programs available for new small business owners to take advantage of at the national, provincial and local tiers. If you are starting a small business you should consider how much money you are looking for when looking for a government grants program. Also know what purpose you will need to use the funding for before beginning your search. This is because each grants program is different and this will help you find one you can use. It is also important to note the eligibility terms, which change from program to program. Many small business owners within Canada have used grants before to do things like advertise, hire employees, buy machinery, and more.
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You can also take advantage of the Small Business Startup Assessment Tool below and see the tools and resources you need to succeed at launching your business. It takes just a minute and will also tell you if there may be any funding programs available.
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