There are as many different ways of using government grants as there are types of businesses that receive the grants. The first step is to find out about the different types of grants available, including one-time and renewable grant awards. Different government departments sponsor grants applicable to their particular service and can offer a wide variety of grant opportunities. For example, tourism may be offering a grant to start up a new accommodations business, perhaps a bed and breakfast industry in an already popular tourist region. Or they may consider a kayak building business as a successful business idea to promote tourism in your region.
If you are looking to find funding for your small business in Canada, one of the easiest ways to find funding is to get access to our Funding Database where we have over 1,500 funding programs including government grants, loans, financial assistance programs as well as private investor options. Take the right step forward and start the search for funding now by becoming a member of CanadaStartups!
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.