If you make application to the Canadian government grants and loans programs for small businesses and your requirements are for starting funds for your business then this is what you would make application for. Opening a small business with the funds that are allocated for this particular use is what would be contained in your contract if this is what you have made application for. There are programs available to help in opening a small business and it’s a matter of choosing a particular program or grant that is most applicable for what you are going to need, and the one that you are most likely going to be able to qualify for. If you’re not too sure about what these grants and programs entail, utilizing the services of a professional that specializes in the grants and loans program of the government would be a wise choice.
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.