Why are there government loans and grants for small businesses?

The Canadian government made the decision to put in place government loans and grants to assist small businesses in order to strengthen the Canadian economy. The government realizes that that many companies run into financial difficulties when they are first starting out, and this is the purpose of the government loans and grants. If a business is in need of funding, the owner can apply to the Canadian government grants and loans programs for small businesses.

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.