If you received government small business grants funding, most likely you will not be required to pay it back. You will have entered a contract in respect to receiving the small funding for your business. The government small business grants is usually a program being a grant, which is not required to have any payback terms to it. However, if you have obtained a small business loan through the government program then chances are you will be required to pay this back.
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.