Canadian government funding programs can support a wide range of strategic projects, including business expansion, research and development, hiring and training, and capital investment. By being proactive and applying for funding prior to the start of projects, companies can access government grants and loans that provide a boost to company investments and greatly improve project outcomes.
The Canadian business grants and loans listed on this page may offer support for your organization’s upcoming projects. To discuss your eligibility and receive assistance with the application process, please contact Mentor Works.
Find Funding for Your Business’ Top Strategic Priorities
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Canadian Government Grants and Loans for Business Expansion
Government grants, loans, and other incentives are available to support a variety of business expansion projects. Companies typically access funding to expand facilities, purchase new capital equipment, or enter new markets. Our Canadian Business Funding Guide has more ideas to help you understand how to develop a project well-suited for business expansion grants.
Business and Export Expansion: Canadian Government Funding Programs
Canadian government funding for business expansion may be accessed through federal and provincial programs such as:
Canadian Small Business Funding for Research and Development
Canadian government grants, loans, and other incentives are available to support innovative products, processes, and services. Companies typically access funding to perform internal research and development or collaborate with academic institutions. Our Canadian Business Funding Guide has more ideas to help you understand how to structure a research and development project well-suited for government grants.
Research and Development: Canadian Small Business Funding Programs
Canadian government funding for research and development may be accessed through federal and provincial programs such as:
- Agricultural Clean Technology Program (ACT)
- Canadian Agricultural Strategic Priorities Program (CASPP)
- Canadian International Innovation Program (CIIP)
- Canada Media Fund: Experimental Stream
- Dairy Processing Investment Fund (DPIF)
- Innovation for Defence Excellence and Security (IDEaS)
- Innovative Solutions Canada (ISC)
- MITACS Accelerate
- MITACS-Accelerate PhD Fellowship
- Supply Chains and Logistics Excellence AI (SCALE.AI)
Canadian Government Funding for Capital Investment
One of the main objectives of Canadian government funding programs is to stimulate investment among businesses of all sizes. Grants and loans vary in size to support small and large capital investments; this SMEs and large businesses alike can perform activities such as facility expansion and equipment purchases. Our Canadian Business Funding Guide has more ideas to help you understand how to develop capital investment projects well-suited for government funding.
Capital Investment: Canadian Canada Government Funding Programs
Small business funding can support capital expenditures through federal and provincial programs such as:
- Canada Cultural Spaces Fund (CCSF)
- Climate Action Incentive Fund (CAIF)
- Dairy Processing Investment Fund (DPIF)
- Electric Vehicle Infrastructure Demonstration (EVID) Program
- SD Tech Fund
- Strategic Innovation Fund (SIF)
- Zero-Emission Vehicle Awareness Initiative (ZEVAI)
- Zero-Emission Vehicle Infrastructure Program (ZEVI)
Canadian Business Grants for Hiring and Training
Workforce development is one of the most important activities a business can perform. Companies can achieve this in two ways: creating an effective recruitment strategy that includes hiring youth post-secondary graduates and training employees across the organization to improve skills and overall employability. Our Small Business Funding Guide has more ideas to help you develop a hiring or training plan that is well-suited for Canadian government grants.
Hiring and Training: Grants for Canadian Businesses
Canadian hiring and training grants may be accessed through federal and provincial programs such as:
Build a Strategy for Canadian Government Funding
Canadian businesses can access grants and loans through federal government funding and province-specific government funding. There are many sources of funding, which makes strategic planning critical to funding success.
Companies should build a government funding strategy that uses funding programs to reduce the cost of strategic projects. One of the best government funding tactics to use is stacking together different types and sources of funding. This can significantly improve the scope and success of projects. Please note that multiple federal or provincial programs cannot be stacked; only one federal and one provincial funding program may be used per project.
Recent Canadian Government Funding News
To access more information about government funding programs devoted specifically to businesses in Canada, including funding updates and success stories, explore the following articles: