Are there many types of government grants available for small businesses?
There are a wide variety of types of government grants available that enables many small businesses to apply for these grants for different types of businesses. There are over 60 different departments within the Canadian government that will provide funding through the grants and loans program. For example, the National Research Council Industrial Research Assistance Program provides non-repayable contributions, a type of grant, to small and medium-sized Canadian businesses who are interested in growing by using technology to commercialize services, products and processes in Canadian and international markets.
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