700+ Reviews [Verified]
Canada Small Business Startups and Funding Canada Small Business Startups and Funding
  • Home
  • Assessment Tool
    • Funding Calculator Tool
  • Startup Portal
    • Startup Portal
    • Startup Guide and Timeline
    • Business Plan Builder
    • Funding Database
    • Investor PitchDeck
    • The Extra Services
    • Get Access Now!
  • Resources
    • Business Advice
    • Business Planning
    • Funding & Financing
    • Tools & Resources
    • Q&A’s
    • Walkthough
    • Centres
      • Alberta
      • British Columbia
      • Manitoba
      • New Brunswick
      • Newfoundland
      • Northwest Territories
      • Nova Scotia
      • Nunavut
      • Ontario
      • PEI
      • Quebec
      • Saskatchewan
      • Yukon
  • Membership
  • Get Access 🔑
  • Home
  • Assessment Tool
    • Funding Calculator Tool
  • Startup Portal
    • Startup Portal
    • Startup Guide and Timeline
    • Business Plan Builder
    • Funding Database
    • Investor PitchDeck
    • The Extra Services
    • Get Access Now!
  • Resources
    • Business Advice
    • Business Planning
    • Funding & Financing
    • Tools & Resources
    • Q&A’s
    • Walkthough
    • Centres
      • Alberta
      • British Columbia
      • Manitoba
      • New Brunswick
      • Newfoundland
      • Northwest Territories
      • Nova Scotia
      • Nunavut
      • Ontario
      • PEI
      • Quebec
      • Saskatchewan
      • Yukon
  • Membership
  • Get Access 🔑
Register Login

Join the Startup Portal

get free government grants and loans

  • Home
  • get free government grants and loans
26 September

What happens if I get free government grants and loans for my small business and the business fails?

  • Written by Suzanne Burton
  • on Q&A's
  • Times Shared 455

When you are able to get free government grants and loans from the Canadian government small loans funding programs you will be required to fill …Read Full Answer

Request Information Need funding for your business?
Learn how you can get funding for your small business in Canada. It takes 30 seconds.

    Recommended

    How To Get the Business Funding You Need
    How Do I Get The Government Funding I Need For My Business?
    01Mar2017

    While no two businesses are the same, it’s estimated...

    Most Popular

    How to Start Your Own Small Business In Ontario
    Want to start a business but don’t know where to start?
    29Sep2020
    100 Small Business Startup Tools
    11Feb2016
    30 in 30 Small Business Startup Challenge for 2024
    30 in 30 Small Business Startup Challenge for 2024
    29Jan2018
    Small Business Government Funding Cheat Sheet
    20Nov2018
    The Ultimate Cheat Sheet on Government Funding
    18Jan2016

    Need more help?

    Get help from a Canada Startups expert with your small business.

      Testimonials

      Hiring grant for cleaning company
      $27,900 Government Grant To Hire Staff
      Hamilton, Ontario
      "Take advantage of the government grants for hiring and hire the staff to help. You pay into takes each year so take advantage and benefit from the funding available" - Read my story
      government funding for painting company
      $19,500 Government Funding for a Painting Company in Ontario
      Oakville, ON
      "Get your business plan done as the first step. Be sure that your plan clearly outlines your funding needs and your plan for success. Then apply for funding." - Read my story
      startup gets funding
      $17,300 Government Loan To Help Business Startup
      Ottawa, ON
      "Funding is available but you have to know where to look, you have to have a business plan and if you have a proven model this is your best tool to use to get you the funding." - Read my story
      construction company gets funding
      $92,300 in Government Funding for Construction Company
      Hamilton, ON
      "Well all I can say is if you need funding, look for it. Be active and proactive about it. Don't just sit on the idea that you need it but go and do it." - Read my story
      Daycare gets funding
      $24,500 Government Funding For Daycare Facility
      Edmonton, AB
      "Having knowledge in your industry is what will keep you motivated, and having expert guidance along the way doesn't hurt one bit. We benefited from government funding greatly and it's all thanks to CanadaStartups.org." - Read my story
      junk removal company
      $76,750 Government Funding For Junk Removal Company
      Saskatoon, SK
      "Your business plan is very important to the success of your business. Everyone looks at this! Be sure to have your idea on paper and to show how you will make money." - Read my story
      2018 government funding barter system business
      2018 Government Funding Success Story Interview
      Vancouver, BC
      "A business plan is the key to a successful business as well as the way to get government funding." - Read my story
      Tech Company From Toronto Ontario Gets Government Grant
      Interview with a $75,485 Government Grant Recipient
      Toronto, ON
      "Perfect your business plan as it's in my option the number one thing small businesses need in order to attract and impress a funding agency." - Read my story
      cleaning company monitoring technology
      $17,500 Small Business Loan for Toronto Startup
      Toronto, ON
      "If you have a business idea, get a business plan made, don't waste time and start your funding search sooner rather then later." - Read my story
      Cleaning Business Hamilton, Ontario Success Story
      $32,750 Government Grant Helped Me Start My Business
      Hamilton, Ontario
      "Giving up is easy. Anybody can do it. If you need funding for your business do what it takes to get it. Banks can say no, but the government can be an option. It was for us" - Read my story
      Earth Friendly Soap Business Story
      Oakville, ON Small Business Starts Up With $76,300 Government Grant
      Oakville, ON
      "Just focus on what you are good at, don't waste your time researching, get help from experts who have already done the work, such as CanadaStartups" - Read my story
      government grant
      Interview with a $138,000 Government Grant Recipient from Milton, Ontario
      Milton, ON
      "Have a support team with you and always start with a business plan as it will be the guide for your business. A business plan will take you on the path of success" - Read my story
      Toronto Retailer Gets Government Loan
      $472,930 Low Interest Government Loan For Toronto Retailer
      Toronto, ON
      "Banks said no to due to my poor credit and business inexperience, but the government funding program had a different reaction to my well developed business plan" - Read my story
      doggy day care
      $21,315 Government Provided Loan For Doggy Day Care Business
      Oakville, ON
      "No matter your situation, if your plan is to start a small business - don't give up. Use tools and resources that are available all around you and don't be scare of a small investment" - Read my story
      Home Renovation Company Gets Funded
      $83,588 In Government Funding and Training Support For Home Reno Company
      Toronto, ON
      "Remember, funding programs have deadlines so be sure to apply on time and follow the requirements as outlined by each funding program. They act as a guide to applying successfully." - Read my story
      Toronto eCommerce Business Gets $78,932 in Government Funding Support
      Toronto eCommerce Business Gets $78,932 in Government Funding Support
      Toronto, ON
      "Don't give up. If you have an idea, go and do it. Create your business plan, go present you idea to investors/government agencies and get what you want." - Read my story
      Vancouver Software Developer Gets $12,390 in Private and Government Funding Support
      Vancouver Software Developer Gets $12,390 in Private and Government Funding Support
      Vancouver, BC
      "The first step when you are looking for funding is to make sure you have a business plan. Because if you don't, every single funding program will refuse you" - Read my story

      Latest

      Start a Snow Removal Business in Canada
      Starting a Snow Removal Business in Canada
      25Nov2024
      Small Business Insurance Types
      10 types of small business insurance in Canada
      19Nov2024
      Exploring COJG: A Path to Enhanced Workforce Skills
      23May2024

      Search Articles

      Categories

      • Accommodation and Food Services
      • Agriculture, Forestry, Fishing and Hunting
      • Alberta
      • Arts & Entertainment
      • Ask an Expert
      • Blog
      • British Columbia
      • Business Advice
      • Business Planning
      • Business Planning
      • Business Type
      • Career/Business Assistance Services
      • Centre
      • Construction/Professional Trades
      • Coronavirus
      • David's Corner
      • Education
      • Food & Beverage
      • Free Downloads
      • Funding
      • Funding & Financing
      • Government Funding
      • Guide
      • Health Care, Well Being and Social Assistance
      • Help
      • industries
      • Industry
      • Infographics
      • Locations
      • Manitoba
      • Manufacturing, Mining and Energy
      • New Brunswick
      • Newfoundland and Labrador
      • News
      • Northwest Territories
      • Nova Scotia
      • Nunavut
      • Online/Internet/e-commerce
      • Ontario
      • Prince Edward Island
      • Professional, Scientific and Technical Services
      • Q&A's
      • Quebec
      • Recommended Reads
      • Recreational/Adventure Tourism
      • Retail Trade/Services
      • Saskatchewan
      • Starting a Business
      • Success Stories
      • Tools & Resources
      • Uncategorized
      • Videos
      • Walkthough
      • Yukon

      Our Proud Partnerships

      Ownr logo"
      Ontario Business Central"
      Logo3

      1-800-288-9691(All calls are toll free)

      Contact Us

      CanadaStartups.org

      • About Canada Startups
      • Why Choose Us?
      • Customer Reviews
      • Success Stories
      • Helpful FAQ’s
      • Register Now
      • Shop 🛒

      Business Resources

      • Startup Assessment Tool
      • Entrepreneur Test
      • Business Resources
      • Startup Portal
      • Funding Calculator Tool
      • Small Business Video Series

      Startup Database

      • Database Walkthrough
      • Startup Guide and Timeline
      • Business Plan Builder
      • Investor PitchDeck
      • Funding Database

      Contact Us

      • Contact Us
      • FAQs
      • Members Login
      • Our Centres
      • Ontario Startups
      • Satisfaction Guarantee

      © 2024 - CanadaStartups.org - Helping small business owners and entrepreneurs startup. Terms and Conditions

      EARLY ACCESS for Grants and Funding Access for 2025

      Access all government grants options for 2025.  Access the grants, government loans, and funding options with expert help (Takes 30 seconds).

       

      Request government funding info now – or give us a call at 1-800-288-9691