Are the government grants like other small business loans?
When an individual asks are government grants like other small business loans, then the answer would have to be no, for a variety of reasons. To begin with, if one is looking for private funding for businesses by way of loans or grants they will find that they are quite difficult to get. When someone asks are government grants like small business loans they are often referring to the hefty interest rates and the stringent payback policies tied to private small business funding. The Canadian government grants and loans programs are usually quite liberal in their payback, and in the case of grants, most often no payback is even required.
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