What type of support does the government offer for new businesses located in Canada?
Government support for new businesses in Canada is offered each year in the form of grants and loans. There are loans that can help with initial costs, as well as grants that can cover things like hiring and training employees, advertising, purchasing machinery, renovations, and more. If you know what you need to use any received government funding for, that shall provide your search with a starting point. Start by checking the eligibility requirements and intended uses of the grants you are considering, including loans, to narrow your options.
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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.
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