What Can I Get A Grant For?
Category: Funding & Financing
What can I get a grant for? seems to be a question that we get asked hundreds of times each day here at Canada Startups!
Most people that message us asking for help with their small business and who are seeking a government grant have one thing in common. They don’t have a business plan or an idea of how government grants or government funding in general works.
The only thing they do know when they approach is is that government grants exist!
As a small business startup or existing business, there are a few things you have to keep in mind when searching for government grants or government funding in general.
- You have to have a business plan
- You have to clearly show your funding needs
- You have to clearly show how much in funding you need
What can I get a grant for is usually something that is backwards and not a recommended way to start searching for funding. Asking that questions, shows you are unprepared and will most likely result in a funding application being denied in the first place if you were to even try.
Our recommendation to each of our members is to develop a business plan that clearly shows that funding is needed for. There are many things government grants and funding can be used for, but it’s not for everyone, especially if you don’t need it.
Government grants and funding may be available for:
- Starting or expanding a business
- Hiring and training staff
- Wage support
- Paying for advertising and marketing
- Making leasehold improvements
- Conducting R&D
- With import and export
- Paying for tools, supplies and equipment
- To improve cash flow..etc
Funding is available but it does have to be approached correctly. And that correct way is to first develop your business plan and based on what your business plan states you lack, that’s how you begin your search for grants and loans, and how you try to figure out what you can get a grant for.
Government funding agencies are very smart and notice when a business is looking at it backwards – if your business plan does not show your funding needs and the approximate amounts of funding needed, they simply treat your plan as in complete, they will deny your application and move on.
So to answer your questions of “What can I get a grant for…?”
You can get a government grant for starting your business, expanding a current business, paying for tools, equipment or supplies, paying for advertising and marketing costs, to hire and train staff, even to pay their wages, to improve your cash flow and a lot more – but before you start your search for grants and loans, be sure to develop your business plan!
SEARCHES RELATED TO GET A GOVERNMENT GRANT
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- Expansion Capital
- Funding For Equipment
- Business Acquisition Funding
- Consulting Services
- Hiring & Training Staff
- Management Support Services
- Manufacturing
- Mining
- Professional and IT Services
- Transportation and Warehousing
- Accommodation and Food Services
- Agriculture
- Construction
- Culture and Recreation
- Finance and Real Estate
- Forestry, Hunting and Fishing
- Health and Social Assistance