Federal government grants are an excellent way to obtain money for a business that you do not need to make a repayment for receiving the money. There is a large amount of funding set aside for federal grants for small businesses in Canada from over 60 different departments within the Canadian government. This will provide funding for different business needs, e.g., the National Research Council Industrial Research Assistance Program provides non-repayable contributions, a type of grant, to small Canadian businesses for new technology. The federal government grant processing centre is made up of a number of those departments which approve the federal government grant funding.
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.