Federal sources
- Business Development Bank of Canada (BDC) — a Crown corporation offering loans and advisory services
- Canada Small Business Financing Program — government-backed loans through banks
- Regional development agencies — funding for businesses in specific regions
- Export Development Canada — support for exporters
Tax credits for innovation
The Scientific Research and Experimental Development (SR&ED) program provides tax credits for eligible R&D work. Because credits are claimed after year-end, some businesses use working capital to fund projects while the claim is processed.
Provincial and municipal programs
Each province offers its own mix of grants, hiring incentives, and loans. Check your provincial economic development ministry and local business centre for current programs.
Bridging the gap
Grants rarely arrive when you need them. A flexible line of credit can cover costs until reimbursements are paid.
Frequently asked questions
Are there grants to start a business in Canada?
Some programs support startups, especially for youth, women, Indigenous, and newcomer entrepreneurs, but most general grants target specific activities rather than startup costs.