Do the government grants for small business owners have to be paid back?

To begin with, government grants for small business owners, being as they are in fact grants, most often do not have to be paid back. If one is looking at government grants for small business owners, then they need to look at the applicable programs that come into the grants category. However it should be remembered that there are loans as well available through the Canadian government grants and loans programs for small businesses. Most often these loans have a very low interest rate, and are quite reasonable in their payback terms.

Take advantage of our Funding Database with over 1,500 funding programs including grants, loans and private investor options. Don’t hesitate to get your business funded. Start your funding search right away by registering as a member.

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.