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Types of Government Funding Programs For Business Owners

2 min read

Government Funding for Canadian Small Businesses

Government funding, if you are eligible and meet the criteria set forth by the funding agencies who provide the funding, are a sure way to get your Canadian small business funded and feel good about it.

Canadian government funding is provided in a number of different forms, so called types of funding.

The amount of government funding available and the different types of programs varies based on a number of factors such as your location, the type of business you are in and of course, your funding needs.

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The search for funding is very time consuming, and pretty much the main reason why small business owners give up on the search for funding programs before they even get started.

Over the next few days we will be telling you about each of the different types of funding types offered by the Canadian government, so be sure to subscribe and follow through to ensure your chances of obtaining government funding greatly increase.

Keep in mind that when looking at the different program types it is important to know that even though they are government programs, many are offered through different levels of the government. It is not just the Canadian government that provides the funding, but various local, provincial and federal governments and agencies.

Your Canadian small business may be eligible for government funding programs that may come to you in the form of a grant, loan or other types of financial assistance. But one thing that you have to keep in mind are the criteria that has to be met before you get accepted.

Available Government Funding Program Types Include

Government Loans

  • Low-Interest or No-Interest Loans
  • Government Guaranteed Loans or Government Backed Loans

Grants and Subsidies

  • Non Repayable Grants
  • One Time and Renewable
  • Conditionally Repayable Grant

Tax Breaks

  • Tax Refunds
  • Tax Credits
  • Tax Benefits

Business Advantages

  • Government Insurance Against Business Risks
  • Government Relocation Incentives
  • Government Information and Services
  • Access to Resources

Stay up to date with us on our Blog as well as on our Twitter account for updates on the government funding program types.