Are grant programs for small businesses hard to payback?

If an individual has been approved for grant programs for small businesses then they will most likely find they are not required to pay back the funding they received. Grant programs are usually non-payback funding especially if they are through the Canadian government grants and loans programs for small businesses. The funding that the government has put in place for small businesses is available by both grants and loans, and any individual that is in need of grant programs for small businesses needs to apply to the applicable program to be sure that they are looking at a grant funding as opposed to loans funding.

How much funding does your small business need? Are you looking to fund your startup or existing business? Get started now with your funding search with our Funding Database. With over 1,500 funding programs and $612,676,848 in available funding, you should not wait. Register as a member today!

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.