Business Financing in Canada
Funding is a crucial element for any business looking to start, grow, or innovate. In addition to traditional options such as bank loans or relying on investors, there is a frequently underestimated alternative: grants. This detailed guide explores the various sources of grants available, as well as the financial services and sustainable funding strategies for businesses in Canada. By following the outlined steps, entrepreneurs can identify grants suited to their projects, whether they are government programs, innovation funds, or initiatives specifically targeting certain sectors. Grants are an advantageous solution, often non-repayable, allowing businesses to fund their projects without resorting to debt.

Forest Sector Investment and Innovation Program
Government of Ontario- Maximum amount : 3,000,000 $
- Up to 30% of project cost
- Manufacturing

BDIC — Standby Letters of Credit
Government of the Northwest Territories- Maximum amount : 15,100 $
- All industries

Strategic Initiatives Grants
Niagara Community Foundation- No Condition
- All industries

Créavenir
Desjardins- Maximum amount : 5,000 $
- All industries

Digital Strategy Fund
Canada Council for the Arts (CCA)- Maximum amount : 50,000 $
- Information and cultural industries
- Arts, entertainment and recreation

Première Ovation - Music
Quebec City- No Condition
- All industries

Community Initiatives Program (CIP) - Project-Based Grants
Alberta Arts, Culture and Status of Women- Maximum amount : 75,000 $
- All industries

Canada Book Fund Publishers Business Development — Business Planning — Aboriginal or Official Language Minority Firms
Canadian Heritage- No Condition
- Information and cultural industries

Climate Innovation Grant Program
Alberta Ecotrust Foundation- From $100,000 to $100,000
- All industries

Agricultural and Sector Show Support Program – Stream 1.2
Gouvernement du Québec- Maximum amount : 95,000 $
- Up to 70% of project cost
- Agriculture, forestry, fishing and hunting

Community Gaming Grants - Parent Advisory Council (PAC) and District Parent Advisory Council (DPAC) Grants
Ministry of Housing and Municipal Affairs (BC)- Minimum amount : 2,000 $
- Educational services

Community Participation Funding Program (CPFP)
Transport Canada (TC)- Maximum amount : 5,000 $
- Transportation and warehousing

Whalesafe Gear Adoption Fund
Fisheries and Oceans Canada (DFO)- No Condition
- Agriculture, forestry, fishing and hunting
- Manufacturing
- Educational services

APCHQ Mauricie-Lanaudière Golf Tournament
APCHQ Mauricie-Lanaudière- Maximum amount : 5,000 $
- All industries

Capitalization of Social Economy Enterprises (CAES) — Stream 1
Investissement Québec (IQ)- From $25,000 to $1,000,000
- Up to 35% of project cost
- Other services (except public administration)
- Public administration

Springboard Grant
Alberta Ecotrust Foundation- From $1,000 to $10,000
- All industries

ALS Society of Canada - ALS Canada-Brain Canada Discovery Grant Program
Novartis Pharmaceuticals Canada Inc.- From $125,000 to $500,000
- Up to 50% of project cost
- Professional, scientific and technical services
- Health care and social assistance

The Amir and Yasmin Virani Family Foundation
Kids at Risk- No Condition
- Health care and social assistance

Touring Artist Fund
Government of Yukon- Maximum amount : 10,000 $
- Arts, entertainment and recreation

Agri-Food Energy Cost Savings Initiative
Government of Ontario- Maximum amount : 300,000 $
- Up to 20% of project cost
- Manufacturing

Community Gaming Grants - Capital Project Grants
Ministry of Housing and Municipal Affairs (BC)- Maximum amount : 250,000 $
- Up to 50% of project cost
- Educational services
- Health care and social assistance
- Arts, entertainment and recreation
- Other services (except public administration)

Development program — Prequalified stream
Telefilm Canada- Maximum amount : 125,000 $
- Information and cultural industries
- Arts, entertainment and recreation

ArtStarts in Schools Society - Artists in Education (AIE) Grants for School Districts
Art Starts- No Condition
- Educational services
- Arts, entertainment and recreation

Professional cultural organizations - Outdoor exhibitions
Quebec City- Maximum amount : 6,500 $
- All industries

Pierre Péladeau Scholarships
AsterX- Maximum amount : 75,000 $
- Agriculture, forestry, fishing and hunting
- Mining, quarrying, and oil and gas extraction
- Manufacturing
- Retail trade
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AgriMarketing Program — National Industry Associations
Agriculture and Agri-Food Canada (AAFC)- Maximum amount : 2,000,000 $
- Up to 50% of project cost
- Agriculture, forestry, fishing and hunting
- Manufacturing
- Wholesale trade

Age Better Grants
HelpAge Canada- Maximum amount : 20,000 $
- Health care and social assistance

Professional cultural organizations - Mise en valeur du patrimoine par les arts
Quebec City- Maximum amount : 30,000 $
- Up to 80% of project cost
- All industries

PEI Business Women's Association — Micro-Grant
Prince Edward Island Business Women's Association- No Condition
- All industries

INNOGEC
City of Montreal (MTL)- No Condition
- All industries
Programme de subventions communautaires
Town of Antigonish- No Condition
- All industries

Entrepreneurship and Innovation Fund — Small Businesses or Entrepreneurs Developing Agri-tech and Cleantech Solutions
ventureLAB- Maximum amount : 10,000 $
- Agriculture, forestry, fishing and hunting
- Manufacturing
- Professional, scientific and technical services

UFA Agricultural Community Foundation - Major Partnerships
UFA Rural Communities Foundation- From $15,000 to $15,000
- All industries

UFA Agricultural Community Foundation - Rural Communities Grant
UFA Rural Communities Foundation- From $10,000 to $40,000
- All industries

Rural Transit Solutions Fund — Capital Projects
Government of Canada- Maximum amount : 5,000,000 $
- Up to 100% of project cost
- Transportation and warehousing
- Public administration

Reshaping Energy Systems
Emissions Reduction Alberta (ERA)- Minimum amount : 250,000 $
- Up to 50% of project cost
- Utilities
- Manufacturing
- Transportation and warehousing
- Professional, scientific and technical services

Support for Entrepreneurs and Economic Development (SEED) — Sector Research Support
Government of the Northwest Territories- Maximum amount : 30,000 $
- Up to 30% of project cost
- Agriculture, forestry, fishing and hunting
- Utilities
- Manufacturing
- Information and cultural industries

MRC La Vallée-de-l’Or — Regions and Rurality Fund – Component 4 – Vitalization
MRC La Vallée-de-l'Or- Maximum amount : 100,000 $
- Up to 50% of project cost
- Arts, entertainment and recreation
- Other services (except public administration)
- Public administration

St. John Ambulance Mental Health Literacy Grant
Mental Health Foundation of Nova Scotia- No Condition
- All industries

Business Development Program (BDP)
Atlantic Canada Opportunities Agency (ACOA)- Up to 50% of project cost
- Manufacturing
- Retail trade
- Other services (except public administration)

MusiCounts - MusiCounts Slaight Family Foundation Innovation Fund
Music Education Charity of Canada- From $5,000 to $20,000
- Up to 75% of project cost
- All industries

Newfoundland and Labrador — Business Growth Program
Government of Newfoundland and Labrador- Maximum amount : 750,000 $
- Up to 50% of project cost
- Manufacturing
- Information and cultural industries
- Professional, scientific and technical services
- Administrative and support, waste management and remediation services

AFA — Community Support Organizations Operating Funding
Alberta Foundation for the Arts (AFA)- No Condition
- Arts, entertainment and recreation

Yukon Venture Loan Guarantee Program
Government of Yukon- From $10,000 to $100,000
- Up to 65% of project cost
- All industries

Aboriginal Participation Fund (APF) — Values mapping and related projects
Government of Ontario- No Condition
- Mining, quarrying, and oil and gas extraction

Fund for Support for Access
Canada Council for the Arts (CCA)- No Condition
- Arts, entertainment and recreation

OMIF — Live Music
Government of Ontario- Minimum amount : 10,000 $
- Arts, entertainment and recreation

Stait Family Fund
Canada Gives Foundation (cg)- Minimum amount : 1,000 $
- All industries

Fund for the Market Access Strategy for Official Language Minority Communities
Canada Council for the Arts (CCA)- Maximum amount : 60,000 $
- Arts, entertainment and recreation

CED — Regional Homebuilding Innovation Initiative
Canada Economic Development for Quebec Regions (CED)- Up to 90% of project cost
- Construction
- Manufacturing
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Support Policy For Businesses
City of Trois-Rivières- Maximum amount : 40,000 $
- Up to 80% of project cost
- Manufacturing
- Professional, scientific and technical services
- Arts, entertainment and recreation
- Accommodation and food services

Support program for the development of reserved designations and promotional terms — Component 3
Ministry of Agriculture, Fisheries and Food (MAPAQ)- Maximum amount : 5,000 $
- Up to 75% of project cost
- Agriculture, forestry, fishing and hunting

Genomic Applications Partnership Program (GAPP)
Ontario Genomics- From $100,000 to $6,000,000
- Up to 1% of project cost
- Agriculture, forestry, fishing and hunting
- Professional, scientific and technical services
- Health care and social assistance
- Public administration

Whistler Blackcomb Foundation - Whistler Blackcomb Foundation Envirofund
Whistler Blackcomb Foundation Society- No Condition
- All industries

Addressing the Agriculture Labour Task Force Grant Program — Stream 1
Agriculture for Life- Maximum amount : 40,000 $
- Up to 80% of project cost
- Agriculture, forestry, fishing and hunting

2 Billion Trees Program
Natural Resources Canada (NRCan)- No Condition
- Agriculture, forestry, fishing and hunting

Canada - UK 2024-2025 multisector collaborative industrial research and development
National Research Council Canada (NRC)- Maximum amount : 500,000 $
- Up to 50% of project cost
- Information and cultural industries
- Professional, scientific and technical services
- Health care and social assistance

Sport Support Program - Community Sport for All Initiative
Department of Canadian Heritage (LJI)- No Condition
- All industries

Community Grant and Vibrancy Fund
Municipality of Lambton Shores- Maximum amount : 2,500 $
- All industries

Sport Support Program - National Multisport Services Organization
Department of Canadian Heritage (LJI)- No Condition
- All industries

Canadian Fish and Seafood Opportunities Fund
Fisheries and Oceans Canada (DFO)- Up to 70% of project cost
- Agriculture, forestry, fishing and hunting

Dance Creation Residency
Conseil des arts de Montréal- Maximum amount : 8,500 $
- Arts, entertainment and recreation

Programme de traitement des matières organiques par biométhanisation et compostage (PTMOBC)
Environnement Québec (MELCC)- Maximum amount : 5,500,000 $
- Up to 50% of project cost
- Administrative and support, waste management and remediation services
- Public administration

Saskatchewan Parks and Recreation Association - Get Moving Grant
SPRA- No Condition
- All industries

OAC — Northern Arts Projects
Ontario Arts Council (OAC)- Maximum amount : 15,000 $
- Information and cultural industries
- Arts, entertainment and recreation

Light Reflecting Materials Program
Government of British Columbia- From $500 to $30,000
- Up to 50% of project cost
- Agriculture, forestry, fishing and hunting

City of Lévis — Quebec Business Access Network
Ville de Lévis- No Condition
- All industries

Financial Assistance Program for Recreational and Sports Facilities (PAFIRS)
Gouvernement du Québec- Maximum amount : 28,000,000 $
- Up to 66% of project cost
- Educational services
- Health care and social assistance
- Arts, entertainment and recreation
- Public administration

NBIF — Research Assistantships Initiative (RAI)
New Brunswick Innovation Foundation (NBIF)- Maximum amount : 45,000 $
- Educational services

Community Food Fund
Prince Edward Island Department of Social Development and Seniors- No Condition
- All industries

Efficiency Nova Scotia — Fisheries and Aquaculture Energy Efficiency Innovation Fund
Efficiency Nova Scotia- Maximum amount : 250,000 $
- Up to 75% of project cost
- Agriculture, forestry, fishing and hunting
- Manufacturing

Agri-food Funding
Minister of Industry, Tourism and Investment (NWT)- Maximum amount : 250,000 $
- Up to 100% of project cost
- Agriculture, forestry, fishing and hunting
- Manufacturing

PRIMA — INNOV-R
Advanced Materials Research and Innovation Hub (PRIMA)- Maximum amount : 500,000 $
- Up to 50% of project cost
- Manufacturing
- Professional, scientific and technical services

Techno-Economic Profile Assistance Program
La Financière agricole (FADQ)- Maximum amount : 90,000 $
- Up to 75% of project cost
- All industries

Community Partnership Capital Programs - Community Partnership Major Capital Program
City of Ottawa- No Condition
- All industries
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Impact Canada Challenge Hub
Impact Canada- No Condition
- Information and cultural industries
- Health care and social assistance
- Public administration

Training and Career Support Program
Canadian Institutes of Health Research (CIHR)- No Condition
- Professional, scientific and technical services
- Educational services
- Health care and social assistance

Canada Digital Adoption Program — Boost Your Business Technology — Digital Advisors
Innovation Canada- Maximum amount : 15,000 $
- Up to 90% of project cost
- Manufacturing

Capital Project Grants - Social Policy - Social Small Capital Grants
City of Vancouver- Maximum amount : 25,000 $
- Health care and social assistance
- Other services (except public administration)
- Public administration

Museums Assistance Program - Exhibition Circulation Fund
Department of Canadian Heritage (LJI)- Maximum amount : 15,000 $
- All industries

Philanthropic Endowments
Lucie et André Chagnon Foundation- No Condition
- All industries

Community Funding Program - Emergency Funding
City of Ottawa- No Condition
- All industries

Ontario Trillium Foundation - Grow Grants
Carolyn Sifton Foundation Incorporated- From $100,000 to $600,000
- All industries

Equity and Inclusion in The Arts Fund - Grow Grant
City of Ottawa- From $2,000 to $20,000
- All industries

CMF — Commercial Projects Program
Canada Media Fund (CMF)- Maximum amount : 1,500,000 $
- Up to 75% of project cost
- Information and cultural industries

Risk Management and Food Safety
Government of New Brunswick- Maximum amount : 50,000 $
- Up to 50% of project cost
- Agriculture, forestry, fishing and hunting

Ontario Trillium Foundation - Youth Opportunities Fund
Carolyn Sifton Foundation Incorporated- Maximum amount : 250,000 $
- Health care and social assistance

Saskatchewan Parks and Recreation Association - Framework In Action Grant
SPRA- Maximum amount : 5,000 $
- All industries

Small Business Support Program — Entrepreneur Development Fund
Government of Nunavut- No Condition
- Retail trade
- Arts, entertainment and recreation
- Accommodation and food services
- Other services (except public administration)

OTF — Youth Innovations Scale Grant
Ontario Trillium Foundation (OTF)- Maximum amount : 150,000 $
- Up to 15% of project cost
- Educational services
- Health care and social assistance
- Arts, entertainment and recreation

Newfoundland and Labrador Seniors’ Social Inclusion Initiative
Newfoundland and Labrador Department of Children, Seniors and Social Development- No Condition
- All industries

Horticulture Diversification Program
Government of Prince Edward Island- Maximum amount : 75,000 $
- Up to 50% of project cost
- All industries

Capital Project Grants - Social Policy - School-Age Care Expansion Capital Grants
City of Vancouver- Maximum amount : 2,500 $
- Educational services
- Health care and social assistance
- Other services (except public administration)
- Public administration

Springboard for innovation
Federation of Private Educational Institutions (FEEP)- Up to 66% of project cost
- Educational services

Small Capital Sponsorship Program
Manitoba Liquor & Lotteries- From $2,500 to $30,000
- Up to 50% of project cost
- All industries

Alberta Innovates — R&D Associates Program
Government of Alberta- Maximum amount : 105,000 $
- Up to 25% of project cost
- Information and cultural industries
- Professional, scientific and technical services

Market Opportunities and Diversification Program
Government of Nova Scotia- Maximum amount : 75,000 $
- Agriculture, forestry, fishing and hunting
- Manufacturing

Canada Council for the Arts — Prizes
Canada Council for the Arts (CCA)- No Condition
- Educational services
- Arts, entertainment and recreation
- Other services (except public administration)

Fight against poverty and social exclusion - Regional call for projects
City of Montreal (MTL)- Maximum amount : 150,000 $
- All industries

Fight against poverty and social exclusion - Call for local projects
City of Montreal (MTL)- No Condition
- All industries