If I’m in need of funding, can I only apply for one government grant or are multiple grants allowed?

Each grant is different, and the government can enforce restrictions that only one source of funding is allowed, either in total or per tier of the government, such as municipal, provincial, or federal. Usually, however, grants are examined on their own merits so it may be possible to acquire multiple funds simultaneously, although this may come back to bite you by affecting future eligibility.

What could you do for your small business if you were to obtain a grant or a loan of $5,000 or $50,000 or even more from the government? Or would you be able to benefit from a private investor investing their time and money into you and your business? It is a possibility…so be sure to find out how much funding your small business may be able to obtain. Become a registered member and start your funding search.

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.