The Canadian government grants have several advantages when compared to other, private sources of funding. These may include venture capitalists, and these advantages are all legitimate reasons why an entrepreneur should try and apply for the Canadian government grants, although not all entrepreneurs who apply will be approved for the Canadian government grants. So, other options should remain in mind, including government loans.
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.