Knowing whether to apply for a minority based business loans program or one of the other types of programs that the Canadian government offers is totally dependent on your business circumstances. You would need to review all of the various programs and loans and grants that are available to you, and then make the decision whether you need the minority based business loans or one of the other types of grants or loans being offered.
Stop spending so much time researching funding programs. We have over 1,500 funding programs available in our Funding Database. Take advantage. Become a registered member and benefit from all of the programs being in one place. We have both government and private programs available for you to search from. Currently over $612,676,848 in available funding is shown in the database. Register 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.