The Canada Small Business Financing Program seeks to increase the availability of loans for establishing, expanding, modernizing and improving small businesses. Under the program, a small business must apply for a loan at a financial institution (bank or credit union) of its choice. If the loan is granted by the financial institution, the federal government…
This article will look at the basics of government funding in Canada, what opportunities are available for start-ups, and next steps.
Canadian Startup Funding Checklist Build the Foundation for Funding Your Canadian Startup. Although the federal and provincial government create most Canadian government funding programs for established businesses, it is critical for startups to set a solid foundation early on in order to become eligible for this funding in the future. This checklist will help guide…
This article will cover tips for businesses seeking to start exporting to foreign markets, as well as resources for utilizing domestic and international trade shows.
The Alberta Jobs Now Program provides up to $25,000-$37,500 per employee to help fill eligible positions during the ongoing labour shortage.
The Government of Ontario has invested $100M into the new Venture Ontario Fund, a joint enterprise of a total $205M to provide venture capital and business growth funding for Ontario businesses enhancing innovation, economic growth, and job creation.
Administered through BDC, the Highly Affected Sectors Credit Availability Program (HASCAP) supports Canadian businesses that have been hit hard by the impacts of the COVID-19 pandemic.
Canadian Startup Resources Find Funding for Canadian Entrepreneurs. The Canadian government creates the majority of their funding programs for established businesses. To be eligible, companies should be incorporated for a minimum of two years and demonstrate net positive income. Mentor Works has put together a list of the top resources to help Canadian entrepreneurs get their…
The Government of Canada has extended the Innovation Assistance Program (IAP) by $155 million to continue supporting Canadian businesses through the adverse economic impacts caused by COVID-19.
Canada’s technology sector is a cornerstone of the booming knowledge economy. It’s supported by some of the world’s top post-secondary institutions and is also favourably impacted by immigration policies, which see some of the world’s top technology entrepreneurs come to Canada to launch new ideas. At a time where technology’s importance is surging globally, Canada…