Industry Specific Government Funding Programs For Small Business

There are nearly a thousands government funding programs for small business owners to apply to.

Finding these programs, especially the industry specific programs can get a bit difficult.

Canadian small businesses usually fall into one of nine specific Industries. These include the:

• Agricultural
• Construction
• Mining
• Professional
• Manufacturing
• Retail
• Accommodation and Food Services
• Arts and Entertainment
• Healthcare

Different Government funding programs are offered to Canadian small businesses in all nine industries. The amount of funding offered to each industry depends on many factors including the state of the economy, seasonal changes, import/export practices and much more.

However, the businesses that receive government funding are always decided upon on a case by case basis. Although a certain industry may be booming in Canada, it does not necessarily mean that simply being a new business in that industry is enough for you to be eligible to receive government financing.

Government Funding Programs For Small Business

The Canadian Government is focused on economic growth and job creation. Because of these goals, the government tends to distribute funding accordingly, focusing on the small businesses that are most likely to improve the economic situation in Canada.

Overall, every industry has both advantages and disadvantages. Many industries are also very cyclical, meaning that they are in demand at times and at times they are not.

Some Canadian industries such as Manufacturing, Construction and Healthcare tend to always be profitable while others such as the agricultural and Accommodations and Food services industries are sometimes more seasonally affected.

It is important to note that each industry listed above is an integral part of the Canadian economy.

Due to the importance of these industries it is no wonder that the Canadian Government is doing everything they can; including providing funding programs, educational courses and tax incentives to small business interested in contributing to these industries.

Try our Funding Calculator Tool to discover which program your small business may qualify for.

Your chances of obtaining government funding increases according to the number of programs you apply for regardless of the industry you are in. Give one of our agents a call at 1-800-288-9691, or use our Grant Finder Tool to see which industry specific government programs you may be eligible for.

How much funding can you get in your industry?

Follow the below links to find out how much money you may be eligible as a small business owner.

• Accommodation and Food Services Industry
• Agriculture and Farming Funding Programs
• Construction
• Culture and Recreation
• Finance and Real Estate
• Forestry, Fishing and Hunting
• Healthcare and Assistance
• Management and Support Services
• Manufacturing
• Mining
• Professional and IT Services
• Transportation and Warehousing
• Wholesale Trade and Retail