Does each new year bring new grants for starting small businesses with?
There are indeed grants for starting new small businesses offered each year. The amount of these grants and the specific programs vary depending on the amount of money available to fund such programs, along with the demand. The money for grants is set aside each year from the respective government’s budget. However, it is also allocated to provinces and local areas to be offered as provincial and local grants. If you want money for your new small business you want to think about what you will use it for and about how much you want before you proceed, as grants have qualifications as to what they can be used for. There are also eligibility qualifications for each program that should be considered.
How much funding does your small business need? Are you looking to fund your startup or existing business? Get started now with your funding search with our Funding Database. With over 1,500 funding programs and $612,676,848 in available funding, you should not wait. Register as 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.
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