Are government grants, loans for small business Ontario funding sources offer better?

Neither government grants, loans for small business Ontario funding sources offer are necessarily better because every recipient and each program is different. Grants are useful because they do not require repayment but they may be difficult to get, loans are less time consuming to apply for. However, have interest in some cases. All programs have their own eligibility requirements and intended uses.

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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.