What are minority grants?

The Canadian government wants to ensure that special interest groups are assisted in their endeavours toward establishing a new business or expanding an existing business through business growth. Of course, this can be a difficult goal to achieve without sufficient economic means to undertake the necessary expenses involved in developing a new or an existing business. Minority grants are government funds available for those persons who are considered to be from a minority group and could benefit from receiving minority grants for help in starting a new business and not having to worry about repayment of money received.

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.