Does the government in Ontario provide financial assistance to small businesses?

The government departments in Ontario provide financial assistance to eligible small businesses in the form of loans and grants for many reasons. There are educational programs, programs for small business, some for housing needs, and others for community improvement projects and personal projects that require extra funds to complete. You should know what you will need the money for and how much you need before beginning your search, as the money from grants is offered for specific purposes. Also, be aware of the eligibility conditions, because they are different for each offer. The conditions are different than those of the bank as well, however, meaning that even if you have been rejected when seeking a loan from the bank before, you may have a chance to get government assistance.

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.