Do the Ontario new business government grants have to be paid back?
Just as the federal program for small-business funding, when it comes to grants which normally don’t have to be paid back, the same is applicable to the Ontario new business government grants. Most often when the funding is in the form of the grants it doesn’t require a payback schedule. The Ontario new business government grants often work hand-in-hand with specific loans to help meet the needs of new small businesses that are trying to get established in Ontario. There most likely will be several options when it comes to Ontario new business government grants that may be applicable to your specific needs.
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