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  • Can Canada small business grants be used to purchase new equipment?

Can Canada small business grants be used to purchase new equipment?

  • Answered by Expert
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  • Date November 1
  • Views 4588
  • Asked By Marylee Sperber

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Buying new and necessary equipment for your small business is one of the more common uses for Canadian government grants. Canadian government small business grants are frequently approved for use to eligible applicants with ideas that enhance their business. This is especially true if doing so will give back to the community in some way. This can include things such as by job creation, or otherwise benefit the national Canadian economy, effectively translating such small business grants used to purchase equipment into government investments rather than just a matter of doing business.

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