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Where To Get Small Business Grants?

3 min read

Where to Get Small Business Grants in Canada

Government funding is an excellent way to have your small business funded, especially if you can obtain non repayable government grants. But the question remains, where to get small business grants from?

Government Funding Programs Across Canada

Across Canada, there are hundreds of small business funding agencies that provide government grants, government loans, tax break credits and financial assistance to small business owners. The difficulty of government funding, especially small business grants, is finding the programs that your business may be eligible for.

The Canadian government and the provincial agencies do not necessarily promote these small business grants or loan programs, which makes it much tougher for a small business owner to locate and apply for these funding programs.

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Finding Funding Programs Made Easier

We here at CanadaStartups.org, as part of our Small Business Startup Portal, provide our members with access to the Funding Database, which includes information on all available government programs such as grants, loans, tax breaks, as well as hundreds of private investors.

Because the government does not seem to have an easily accessible directory of all available funding programs, third party websites such as ours make use of this and provide the information in a centralized environment. This makes it easy for the everyday small business owner to find what they are looking for in terms of small business grants and loans.

Preparing to Apply for Small Business Grants

If you are a small business owner and are looking to figure out where to get small business grants or funding in general for your small business, the first order of business for you should be to develop your business plan. This will help you figure out what funding is really needed and how much you would need.

Considering that there are over 1,500 funding options from government and private sources, at least in our Funding Database, a business owner needs to break down his or her funding needs to the specific needs in order to narrow down to the few funding programs, grants, loans or tax breaks, that the business may be eligible for.

How Small Business Grants Can Be Used

While small business grants may mainly be available to help you hire and train staff, they can also be used towards starting up, purchasing tools, supplies and equipment, marketing, advertising, importing and exporting, improving cash flow and more.

Maximizing Your Funding Opportunities

When trying to get small business grants, it is important to remember not to limit your search to just focus on grants, but to allow for other program types which will give you the greatest chance of getting your small business funded.