Can small business assistance from the Canadian government be used to finance new equipment?

Some small business assistance programs in Canada are intended for purposes such as helping to finance new equipment purchases. So long as the applicant’s proposal illustrates why the need is legitimate. The Canadian government is particularly interested in ensuring small business owners in its boundaries are able to compete as best as possible. Part of this is ensuring they have the most efficient equipment their industry allows for, within the guidelines of their capabilities otherwise, and part of this may require help to finance it.

Get your small business funded through government grants, loans and private investor programs. To get access to our Funding Database which has over 1,500 funding programs, become 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.