Which form of funding should my small business in Canada pursue, a loan or a grant?

A small business Canada government grant is usually preferred to a loan because the latter requires you pay the money back. However, a suitable grant is usually more difficult to qualify for and is not as numerous. It can certainly be difficult tracking down all the relevant information you will need regarding Canadian grant and loan programs for small business needs. So, you may want to make things easier on yourself by employing an independent research organisation. These may include CanadaStartups.org, to help you.

How much funding does your small business need? Are you looking to fund your startup or existing business? Get started now with your funding search with our Funding Database. With over 1,500 funding programs and $612,676,848 in available funding, you should not wait. Register as a member today!

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.