How can I get government loans and grants in Ontario?
There are government loans and grants available in Ontario, both from the provincial and local ranks and the national government. The money is set aside from the respective government budgets annually to be used for such purposes, and each loan and grant is offered for a specific use and for a specific amount of money. This is why it is important to consider how much funding you require and what you will need to use the funds for before you consider applying for loans and grants. Each also has its own prerequisite conditions that must be taken into account. If you do not find what you need at the provincial rank you should look at the national offers. However, it is a wise thing to try to get a provincial loan or grant, as there is less competition for them.
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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