Get our ultimate checklist and strategies to win Canadian government business grants
GetGranted focuses on matching grants to businesses, and here are a list of other funding resources to look at to supplementing financing needs:
Up to $1 MM, whereby maximum $350,000 can be used for equipment purchase or leasehold improvements. This program is offered through Canadian banks.
- Bank of Nova Scotia
- Royal Bank of Canada
- TD Bank
Funding of up to $100,000 typically after you are revenue positive for 12 consecutive months, but may be helpful to understand their terms as your company grows
Line of Credit from your financial institution
Mentorship & Education
They’re a global incubator, accelerator, and advisory firm that empowers entrepreneurs.
Innovation Canada helps businesses innovate and create jobs by providing them with funds, give expert advice, and help make connections. Programs include Accelerated Growth Service, Clean Growth Hub, Innovative Solutions Canada, and Innovative Superclusters Initiative.
Small Business BC helps BC entrepreneurs grow through expert business advisors, educational services, easy-to-use free resources.
Access to export specialists to help connect businesses to the market information, export programs, financial services and experts.
Provides companies with access to Canada’s top exporting advisors, resources, and contacts, giving them the training and support they need to become successful international traders in their specific business sector.
Export Development Canada helps business grow globally by protecting your business, providing financing & bonding solutions, and share their market knowledge to help navigate new markets and customers. Solutions provided include: credit/risk insurance, direct lending, project financing as well as working capital related to export activities.
The Trade Commisioner Service (TCS) helps companies navigate international market. Services include funding, support programs, trade missions/events, reaching qualified contacts.
Research & Development
The Scientific Research and Experimental Development (SR&ED) Program is a federal tax incentive program designed to encourage Canadian businesses of all sizes and in all sectors to conduct research and development (R&D) in Canada. The benefits for businesses include:
1) Eligible tax deduction on eligible expenditures, and
2) Income Tax Credits (ITCs) that can be applied towards income tax payable.
The Canadian Institute of Health Research (CIHR) is the Government of Canada’s health research investment agency that supports 4 pillars of health research: clinical, biomedical, heath system services, and population health.
Note: Mainly for medical research in collaboration with post-secondary institutions
NRC is the government of Canada’s largest research organization that supports industrial innovation and the advancement of knowledge and technology development. Some of the services include funding, research collaboration opportunities, research facilities, and international opportunities.
Sploda helps to connect investors and investment opportunities. Companies complete one diligence survey that takes approximately 30 minutes to be matched with investors. There is a pricing plan for companies.
Angelist is a platform where startups can recruit talent by posting jobs and connect with investors.
A resources for women-owned businesses to access business loans of up to $150K, with access to an additional $100K through a new partnership with BDC. Provides business skills training, personalized business advice, mentoring, practical business resources and a supportive community to help women business owners gain the skills, mindset, financing and networks they need to realize their business potential.
This is a global community that supports, finances, and celebrates female innovators.
This organization supports women entrepreneurs through mentorship programs and educational support.
The Government of Canada helps Indigenous entrepreneurs start, manage and grow their businesses. Resources includes financing, training, business planning, supporting organizations for Indigenous entrepreneurs, etc.
Note: Multiple resources available for Alberta, BC, Manitoba, New Brunswick, Newfoundland and Labrador, Nova Scotia, Nunavut, and Ontario, Quebec, Saskatchewan, and Yukon.
Loans for youth entrepreneurs (Between the ages of 15-39) of up to $60,000, business mentoring, and other resources to plan, manage, and grow your business. Note: Must have started businesses within 2 years of applying for funding.