The government loans for women and minorities in respect to the amount allotted, is no different than what it would be for any other individual that was applying for one of the grants and loans under the Canadian small business funding programs. The government loans for women and minorities have been put in place to encourage these groups to start a business, provided they have a viable business plan and can qualify for the small business funding.
What could you do for your small business if you were to obtain a grant or a loan of $5,000 or $50,000 or even more from the government? Or would you be able to benefit from a private investor investing their time and money into you and your business? It is a possibility so be sure to find out how much funding your small business may be able to obtain. Become a registered member and start your funding search.
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.