Why does Ontario offer start up loans for new business?

Ontario offers start up loans for new business as a way to deal with unemployment and to increase tax revenues in the area. There are new small business loans offered each year in Ontario funded from money set aside from the area’s budget. Some of this may be for start up companies that have been approved for government financial assistance, and this money is allocated into different programs based on the determined level of need.

Are you ready to move forward with your business? If you need funding, you’ve come to the right place. By becoming a member of CanadaStartups, you get access to the Funding Database, the Business Plan Builder Tool, the Investor PitchDeck and the Step by Step Business Startup Guide. This is all that you need to succeed. Take a moment now and become a member. It literally takes 1 minute.

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.