Top 10 Q&A’s: Government Funding For Small Business Owners

As you can imagine we here at CanadaStartups get a ton of questions asked about small business, business plans, government funding and pretty much anything and everything to do with starting up and expanding a business in Canada. We answer every single question and you can see thousands of past questions right here.

But today we are going to share with you the top 10 questions and our answers that have come to us in regards to government funding for small business owners:

Question #1: Are Canada government small business grants free to apply to?

Generally speaking most small business grants applications are free. The terms of eligibility for some Canada government small business grants are not easily to make sense of. This is one reason to go beyond the free information on the Canadian government sites and contact an independent research organisation regarding small business grants. Read full answer here.

Question #2: Where do I apply for grants and loans for a small business in Canada?

You can apply to the government for grants and loans for a small business in Canada. Prior to applying, you should access yourself with the knowledge of CanadaStartups, a third party independent research organisation. Our researchers update our grants and loans database on a daily basis to provide you with the most up to date information. For additional assistance or information about grants and loans for a small business in Canada, fill out the form on our website. Read full answer here

Question #3: Are there reliable government grants to help support small business?

Small business grants support eligible business ventures by giving entrepreneurs the funds they require to support their objectives and make their businesses more successful. Grants help new small business owners and entrepreneurs get their enterprises off the ground with programs that cover initial costs, and there are also programs for people looking to buy existing businesses that want money to help them do such. The grants for business all have their own intended uses and eligibility qualifications. So, with a little searching you may be able to find one that is right for your wants. Read full answer here

Question #4: How can I get grants for small businesses in Canada?

You may be eligible for grants for small businesses in Canada by applying to the government. There are various types of grants available, including those for existing small businesses and others for start ups that require funding. Read full answer here

Question #5: Is there a grant program that will fund my small business in Canada?

There are many grant programs available that will fund your small business in Canada. Governments have been acknowledging the positive effects small businesses have had on the economy and as a result have introduced a variety of grants dedicated to small business financing. Every year new grant programs become available for small businesses to help the economy. Figure out which small business grant program you are eligible for by doing extensive research. Read full answer here

Question #6: Is getting a small business loan from the Canadian government difficult?

Getting a small business loan from the government of Canada will vary in its degree of difficulty, depending upon a number of factors. These may include the small business in question, whether the application was completed properly, what the money is intended to be used for, the small business loans purpose, amongst other variables. For some applicants, their situation is ideal and the process of getting a small business loan from the Canadian government is quick and painless. However, for other applicants they may need to apply several times, possibly switching programs they are applying to, before getting any funds from a small business loan, if they ever get any at all. Read full answer here

Question #7: How does my new small business apply for govt funding?

Applying for govt funding for your new small business first requires researching the type of funding you need. The various govt funding programs for small business can come in many sizes and amounts, each with their own rules and terms. CanadaStartups has a wide range of available resources that you can utilize to learn about the various loans, grants, tax breaks and subsidies that you may qualify for. We hope that you will be able to find the funding that best matches your objectives, and our trained staff is available to assist you with the applications processes for whatever programs you choose.. Read full answer here

Question #8: Are there any government grants for establishing a new business in Canada?

Eligible applicants in Canada may find themselves the recipients of government grants that provide money that can be useful for establishing a new small business. Most government grants programs will not be concerned with multiple applications for different programs, especially if the separate government grants are for different purpose. Because of the variety financial assistance available, you may wish to apply for more than one Canadian government grant to increase your chance of successfully finding money for establishing a new small business. Read full answer here

Question #9: Are Canadian government small business loan programs easy to apply for?

Canadian government small business loan programs are relatively easy to apply for once you have determined the status of your eligibility. However, finding the loan program to begin with, let alone undertaking the approval process, may not be as easy, depending on the Canadian government loan you are going after. If you do not find any qualified small business loan programs on the provincial level that suits your small business, you may need to look into Canada national options as well to widen your potential choices. Read full answer here

Question #10: Does Canada offer grants to start small business?

Small business grants are available in Canada to use to fund the start of your company. There are offers for people looking to create their own business or to buy businesses and make them their own. Each program is different. So, check the eligibility requirements and intended uses of the grants that you are considering. Grants can be used to pay for things like advertising, hiring and training employees, renovating buildings, buying machinery, and more. Read full answer here

If you see a question and would like to re-ask, please feel free to do so. We share the top questions and answers all of the time. To review thousands of questions and answers already posted; take a look right here.