Although the Ontario government has a need for new small business enterprises, the amount of small business grants aimed specifically at opening new small business ventures have been reduced by the government in recent years. However, some entrepreneurs in Ontario may be able to qualify for other funding opportunities that they may be able to use to fund their new company, in whole or in part. Grants are often available to boost areas of the economy that are under served in the province. These may include industries that are currently neglected, as well as providing jobs for disadvantaged groups of people.
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Ontario small business owners may be eligible for the same government grants available to entrepreneurs in other provinces, although government grants associated with other provinces …Read Full Answer