Small Business Grants in Ontario for 2023
Out with the old and in with the new.
2023 is already off to a better start, so it’s time to get your business hat on and starting planning forward.
Considering all that has happened to the small business industry, and in some places still is hurting, the government is trying to go A LOT to get those existing businesses back on their feet – but more so, to get new businesses to come in and take charge and help re-start the economy.
To help, the Ontario government has allowed in for small business grants and other forms of funding to help and support the entrepreneurship.
While they allowed for some wage subsidies, some rent support..etc; the big funding is still open – and most people are missing out.
Small Business Grants in Ontario for 2023
Ontarian is somewhat of a small business hub, with many reputable big businesses, funneling tax money into the economy – plus the Ontario government striving to boost the economy by supporting such entrepreneurs. This is where you come in, as a small business owner or startup entrepreneur who can take advantage of the available funds.
The small business grants in Ontario for 2023 are generally available to help boost your business with training support, hiring/wage support, going green..etc
These small business grants in Ontario are available to help, but they are not for everyone.
To find out if you may be eligible for any small business grants in Ontario for 2023 and any upcoming funding options, give a Canada Startups agent a call on 1-800-288-9691 and get the help you need.
Small Business Funding In Ontario
In Ontario, per-pandemic and during the pandemic, a lot of funding help is available.
The banks have stepped up to assist, but the majority of the funding provided is via the already existing government funding options.
These funding options include:
-
government grants
- non repayable grants
- partial contributions
- conditionally repayable grants
-
government loans
- no interest loans
- low interest loans
- government guaranteed loans
- conditionally repayable loans
- tax breaks and credits
The funds are there to help you as a small business owner or startup entrepreneur in Ontario.
Before you apply for small business grants or funding in Ontario
There are a few key points to consider before you apply for any funding. These include:
- Ensure you have a business plan completed
- Complete your 3 year financial projections
- Breakdown your specific funding needs (in the right format)
- Find the programs which you are eligible for and meet the criteria
- Review the applications (before sending off)
The Canada Startups experts have helped many in Ontario with the funding search, though the business plan process, so be sure that you get the help before it’s tool late.
Now is the best time to apply for funding. Ontario small business funding options are available – take action now.
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