How does the Canadian government support business owners via funding programs?
The Canadian national government gives support to eligible small business owners via loans and grants meant to address small business needs. The funding is set aside each year from Canadian national budget for these purposes. It is then divided amongst individual funding programs depending on the economic needs in general as well as the past reception of the loans and grants made available. If you want funding or other forms of support for your small business, you should think about what you will use it for and how much you want before beginning your search. Then you can look for Canada government loans and grants you may be able to use based on such criteria. Keep in mind that all programs also have their own eligibility qualifications, and loans also have their own interest rates, terms and repayment schedules.
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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