It is possible to obtain government funding through a large variety of sources and departments within the Canadian government. There are a large number of government departments that offer funding and are very pleased to have Canadian businesses benefit from such funding support. Funding can be obtained in a variety of ways, including government loans which can take the form of government guaranteed loans, low interest or interest-free loans, or through a grant, which is money provided to a business under the understanding that it is not repayable. Some loans are also provided as a non-repayable amount of money, so the benefits are widespread when pursuing the government funding opportunities and can alleviate a lot of financial burden and high interest rates required through financial banking loan arrangements.
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.