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Q.

Is the government grants never payback rule in place for small businesses?

A.
The government grants never payback option may be available through the Canadian government grants and loans programs for small businesses. Most of the funding the government is giving out by way of grants for small business funding means there is no requirement for payback. In the case of a small business loan the terms are different however. For the government grants never payback option, one would have to apply for a grant for their particular business that would best suit their needs. The Centre for Small Business Financing has advisers that are advisers in this field and we would be happy to give you some guidance. We can be reached at 1-866-682-7580.
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Government Grants Never Pay Back

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Find out how these Canadian small businesses did it...
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Young ON Entrepreneurs Land $10,000 Loan for London Recording Studio

BDC loan helps studio upgrade to attract more business As anyone trying to break down walls in the music industry should know, it takes equal parts talent, timing, and perseverance. With rejection being part and parcel... View Details
$800,000 Grant Allows Entrepreneur to Develop Revolutionary Medical Device

$800,000 Grant Allows Entrepreneur to Develop Revolutionary Medical Device

Finding heart in medical technology is possible with government funding Who'd a thunk a wacky idea for a static-eliminating earring would lead to a biomedical start up that has received $800,000 in government financing.... View Details

Below are the latest small business financing news as of Wednesday, Aug 24, 2016
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