Are most government grants for small business non repayable?
Most government grants that are applicable for small business are not repayable. The Canadian government has put this funding in place for small businesses to give them a start by lifting some of the financial pressure. Most government grants are used for the purposes of starting a new business or expanding an existing one. Individuals interested in small business funding should seek out information on all the funding opportunities that may be available to them.
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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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