Can I receive both grants and loans from the government for the same business?

It is very possible that you may be able to receive both grants and loans for the same small business. However you shouldn’t count on funding before you have been approved for it. Government funding is highly competitive, since many small business owners in Canada are fighting for the same programs. There are no restrictions that claim that if you receive a loan from the government you can’t also receive a grant or visa versa, however you should note that it will be hard to get this much funding.

Are you ready to move forward with your business? If you need funding, you’ve come to the right place. By becoming a member of CanadaStartups, you get access to the Funding Database, the Business Plan Builder Tool, the Investor PitchDeck and the Step by Step Business Startup Guide. This is all that you need to succeed. Take a moment now and become a member. It literally takes 1 minute.

You can also take advantage of the Small Business Startup Assessment Tool below and see the tools and resources you need to succeed at launching your business. It takes just a minute and will also tell you if there may be any funding programs available.