Does the government offer assistance for my new business?

The government does indeed provide financial assistance for new business such as yours by means of loans and grants. These programs are funded as part of the respective government budgets annually, from money set aside for the purpose but they are not for everyone, so my advice would be to do your research first. If you are looking for financial assistance from the government, consider what your small business needs. If you are in a hurry, you should focus on loan options, as grants can take a while to apply for. If you have more time to devote to seeking funding you may want to look for grants, as if you are awarded one you do not need to repay the money.

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.