START MY BUSINESS
Funding
There are funding opportunities and business support programs designed to help new ventures, but it can be difficult to determine which ones may apply to your business.
Attend our information session Funding Your Small Business and learn about the strategies entrepreneurs use to fund their businesses. From traditional bank loans to government loans and grants, wage subsidies, tax credit programs, credit cards, personal savings, and family/friends support, our business advisor will guide you through the alternatives available for your business growth.
Government Funded Programs
The Small Business Centre administers several programs that provide financial assistance, business planning, and ongoing coaching while starting your business.
These programs include the Starter Company Plus, and the Summer Company Program, to name a couple.
Visit our PROGRAMS page to see the complete list and review the qualifications.
Grants and Other Contributions
The Innovation Canada web site provides a comprehensive listing of grant, loan and additional contribution programs available across Canada to assist the start and growth of businesses. Visit the web site to research financing opportunities that may apply to your business.
BDC - The Business Development Bank of Canada
The BDC – Business Development Bank of Canada is the only financial institution in Canada dedicated exclusively to entrepreneurs. BDC helps create and develop strong Canadian businesses through financing, consulting services and securitization, with a focus on small and medium-sized enterprises.
Through their subsidiary — BDC Capital, they also offer a full spectrum of specialized financing, including venture capital, equity as well as growth and business transition capital.
Canada Small Business Financing Program
The Canada Small Business Financing (CSBF) Program has been helping small businesses with their financing needs for over 50 years. Under the program, the Government of Canada makes it easier for small businesses to get loans from financial institutions by sharing the risk with lenders.
Financial institutions deliver the program and are solely responsible for approving the loan. If you qualify, you can secure up to $1,000,000. Discuss your business needs with a financial officer at any bank or credit union in Canada.