Does the Canadian government offer incentives to open a small business in Ontario?
Ontario government small business incentives are offered annually as loans and grants for various small business needs. There are also provincial and national level loans and grants that are open to residents of the area, which may afford potential applicants additional choices. Before seeking funding for your small business, be sure to consult your small business plans and budget to be certain you know what you need to spend the money on and how much you need. Then you can narrow down your funding options based on the intended uses and eligibility conditions for the programs.
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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.
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