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.

New Mobility Assistance Program (NOMO) – Stream 1
Minister of Transport and Sustainable Mobility of Quebec- Maximum amount : 1,500,000 $
- Up to 75% of project cost
- Transportation and warehousing
- Professional, scientific and technical services
- Educational services
- Health care and social assistance

Territorial and sectoral development program — Stream 2.3
Ministry of Agriculture, Fisheries and Food (MAPAQ)- From $5,000 to $200,000
- Up to 80% of project cost
- Agriculture, forestry, fishing and hunting
Public Lecture Grants
Animal Welfare Foundation of Canada- Maximum amount : 2,000 $
- Educational services

innovÉÉ — PARTENAR-IA — Academic
innovÉÉ- Maximum amount : 150,000 $
- Up to 50% of project cost
- All industries

The Community Foundation of Prince Edward Island - PCU Impact Fund
The Community Foundation of Prince Edward Island Inc.- From $5,000 to $25,000
- All industries

United Way Hastings & Prince Edward Inc. - Innovation Fund - Small Grants (Organizational Capacity and Collaboration)
United Way of Quinte Inc.- Maximum amount : 7,500 $
- All industries

CFI — College Fund
Canada Foundation for Innovation (CFI)- Up to 40% of project cost
- Professional, scientific and technical services

Support for Entrepreneurs and Economic Development (SEED) — Community Economic Development
Government of the Northwest Territories- Maximum amount : 25,000 $
- Up to 30% of project cost
- All industries

United Way Hastings & Prince Edward Inc. - Community Impact Fund
United Way of Quinte Inc.- Minimum amount : 5,000 $
- All industries

Core Support Grants (CSG)
City of Vancouver- No Condition
- Health care and social assistance
- Other services (except public administration)
- Public administration

Tourisme Côte-Nord — EPRTNT – Structuring the tourism offer
Tourisme Côte-Nord- Maximum amount : 50,000 $
- Up to 90% of project cost
- Arts, entertainment and recreation
- Accommodation and food services

Multiculturalism and Anti-Racism Program – Projects
Canadian Heritage- No Condition
- Information and cultural industries
- Educational services
- Arts, entertainment and recreation
- Other services (except public administration)

Invest Nova Scotia — Acceleration Initiatives
Government of Nova Scotia- No Condition
- All industries

Building UP
Government of Yukon- No Condition
- All industries

Ontario REALTORS Care® Foundation
Ontario Real Estate Association (OREA) Foundation- No Condition
- All industries

MRC L'Islet — RénoRégion and home adaptation programs (PAD)
MRC de L'Islet- Maximum amount : 25,000 $
- Up to 95% of project cost
- All industries

Financial assistance program for regional service units in the areas of recreation, sports, outdoor activities, and physical activity (PAFURS)
Gouvernement du Québec- Up to 100% of project cost
- Educational services
- Arts, entertainment and recreation

SODEC — Production support
Société de développement des entreprises culturelles (SODEC)- Maximum amount : 4,000,000 $
- Up to 65% of project cost
- Information and cultural industries

Strategic Development Initiative
Nova Scotia Department of Communities, Culture, Tourism and Heritage- Maximum amount : 10,000 $
- Up to 75% of project cost
- All industries

NGen — Advanced Manufacturing Projects
Next Generation Manufacturing Canada (NGen)- Up to 37% of project cost
- Manufacturing
Animal Welfare Organization Grants
Animal Welfare Foundation of Canada- No Condition
- Other services (except public administration)

2023 Open Call: Automation, Digital Technologies, and Demonstration in Agri-Food Production
Canadian Agri-Food Automation and Intelligence Network (CAAIN)- No Condition
- Agriculture, forestry, fishing and hunting
- Manufacturing
- Transportation and warehousing

AgriCommunication Program
Agriculture and Agri-Food Canada (AAFC)- Up to 70% of project cost
- Agriculture, forestry, fishing and hunting
- Retail trade

DEPS — Social Economy Development Fund
Economic Development Pierre-De Saurel (DEPS)- Up to 80% of project cost
- Health care and social assistance

ECHO Foundation — Environment
ECHO Foundation- No Condition
- Health care and social assistance
- Other services (except public administration)
- Public administration
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ALS Society of Canada - ALS Canada Trainee Award Program
Novartis Pharmaceuticals Canada Inc.- No Condition
- All industries

Become a Partner Agency
Jewish Federation of Greater Vancouver- No Condition
- All industries

Agriculture Research and Innovation — Applied Research (Agriculture Industry Associations)
Government of Prince Edward Island- Maximum amount : 60,000 $
- Up to 35% of project cost
- Agriculture, forestry, fishing and hunting

Northern Food Businesses
Canadian Northern Economic Development Agency (CanNor)- No Condition
- Agriculture, forestry, fishing and hunting
- Transportation and warehousing

Social economy support program (PSES) – Stream 3
Social Economy Cluster — Central Quebec- Maximum amount : 100,000 $
- Up to 70% of project cost
- Other services (except public administration)
- Public administration

Nutrition North Canada retail subsidy program
Crown-Indigenous Relations and Northern Affairs Canada (CIRNAC)- No Condition
- Agriculture, forestry, fishing and hunting
- Retail trade
- Health care and social assistance

The Main Street Revitalization – Capital Program
Northern Development Initiative Trust (NDIT)- Maximum amount : 500,000 $
- Up to 70% of project cost
- Public administration

HALO Fund
Minto Foundation Inc.- No Condition
- All industries

ALS Society of Canada - ALS Canada Project Grant Program
Novartis Pharmaceuticals Canada Inc.- No Condition
- All industries

BridgeGreen Fund
Minto Foundation Inc.- No Condition
- All industries
Improving Equity in Access to Palliative Care Cohort 2 Call for Applications
Healthcare Excellence Canada (CFHI)- Maximum amount : 100,000 $
- Health care and social assistance
Strengthening Primary Care in Northern, Rural and Remote Communities
Healthcare Excellence Canada (CFHI)- Maximum amount : 50,000 $
- Health care and social assistance

Gatineau — Green Fund
City of Gatineau- Maximum amount : 25,000 $
- Up to 75% of project cost
- All industries

Canada Digital Adoption Program — Grow Your Business Online
Innovation Canada- Maximum amount : 2,400 $
- Up to 20% of project cost
- Retail trade

ERA — Expanded Technologies Pilot
Emissions Reduction Alberta (ERA)- Maximum amount : 250,000 $
- Utilities
- Construction
- Manufacturing
- Professional, scientific and technical services

Marketing Initiative Program
Northern Development Initiative Trust (NDIT)- Maximum amount : 20,000 $
- Up to 50% of project cost
- Arts, entertainment and recreation
- Other services (except public administration)
- Public administration

First Peoples Economic Growth Fund – Business Plan Assistance
First Peoples Economic Growth Fund Inc. (FPEGF)- Maximum amount : 20,000 $
- Up to 75% of project cost
- All industries

United Way Community Services of Guelph and Wellington
United Way Guelph Wellington Dufferin- Maximum amount : 25,000 $
- All industries

Recreation Infrastructure Program
Northern Development Initiative Trust (NDIT)- Maximum amount : 300,000 $
- Up to 70% of project cost
- Arts, entertainment and recreation

Northern Housing Incentive Program
Northern Development Initiative Trust (NDIT)- Maximum amount : 200,000 $
- Construction
- Real estate and rental and leasing
- Public administration
Right Care Challenge
Healthcare Excellence Canada (CFHI)- Maximum amount : 34,250 $
- Health care and social assistance
- Public administration

Early Years Continuing Education Program
Government of Nova Scotia- Maximum amount : 5,000 $
- Educational services
- Health care and social assistance
Enhancing Integrated Care
Healthcare Excellence Canada (CFHI)- Maximum amount : 10,000 $
- Health care and social assistance

Resilient Futures
Social and Enterprise Development Innovations, SEDI, TD Financial Literacy Grant Fund- Maximum amount : 1,000,000 $
- Health care and social assistance
- Other services (except public administration)

Theatrical documentary program — Indigenous stream
Telefilm Canada- Maximum amount : 175,000 $
- Information and cultural industries
- Arts, entertainment and recreation
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Archaeology and Palaeontology Research Support
Government of Nunavut- Maximum amount : 5,000 $
- Professional, scientific and technical services
- Educational services

Granting Requests
Wim and Nancy Pauw Foundation- No Condition
- All industries

NGen — Cluster Building Project
Next Generation Manufacturing Canada (NGen)- Maximum amount : 150,000 $
- Up to 50% of project cost
- Manufacturing

Enbridge Gas Quebec — Cash incentives – Hood & Condensing Air Generator Combo
Enbridge Gas Quebec- From $3,350 to $3,700
- Up to 35% of project cost
- Accommodation and food services

Agricultural Climate Solutions
Agriculture and Agri-Food Canada (AAFC)- Maximum amount : 100,000 $
- Agriculture, forestry, fishing and hunting

The Norfolk Community Foundation
The Town of Simcoe Foundation- No Condition
- Educational services
- Health care and social assistance
- Arts, entertainment and recreation
- Other services (except public administration)

Capital Project Grants - Downtown Eastside (DTES) Plan Grants
City of Vancouver- No Condition
- Educational services
- Health care and social assistance
- Arts, entertainment and recreation
- Other services (except public administration)
Movember Prostate Cancer Health Equity Initiative
Movember Canada- No Condition
- All industries

School Food Grants
City of Vancouver- No Condition
- Educational services

Heritage Facilities
Government of Nunavut- Maximum amount : 500,000 $
- Information and cultural industries
- Arts, entertainment and recreation
- Public administration
Community-University Engagement Support (CUES) Fund
The University of British Columbia- Maximum amount : 25,000 $
- Professional, scientific and technical services
- Educational services
- Health care and social assistance

- Maximum amount : 500,000 $
- Up to 100% of project cost
- All industries

Alberta Innovates — Bitumen Partial Upgrading Program
Alberta Innovates- Maximum amount : 2,000,000 $
- Up to 50% of project cost
- Mining, quarrying, and oil and gas extraction

Demo Recording
Creative BC- Maximum amount : 2,000 $
- Up to 100% of project cost
- Arts, entertainment and recreation

My First Games
Sport Quebec- Maximum amount : 1,000 $
- Educational services
- Arts, entertainment and recreation

The Healing Fund
The United Church of Canada Foundation (UCCF)- Maximum amount : 15,000 $
- All industries

Formations de courte durée (COUD) — Requalification and skills enhancement
Commission des partenaires du marché du travail (CPMT)- Up to 100% of project cost
- All industries

Support program for economic development projects (PAPDE) — Component 3 : Promotion of foreign trade and prospecting for foreign investments
Gouvernement du Québec- Maximum amount : 500,000 $
- Up to 50% of project cost
- All industries

Heritage Core Funding
Government of Nunavut- Maximum amount : 100,000 $
- Information and cultural industries
- Arts, entertainment and recreation
- Other services (except public administration)
- Public administration

FedDev — Regional Artificial Intelligence Initiative – Adoption Pillar 2 – Businesses
Federal Economic Development Agency for Southern Ontario (FedDev)- Maximum amount : 5,000,000 $
- Up to 50% of project cost
- Manufacturing
- Transportation and warehousing
- Finance and insurance
- Health care and social assistance

Music Company
Creative BC- From $2,000 to $60,000
- Up to 50% of project cost
- Arts, entertainment and recreation

Efficiency Nova Scotia — Pay-for-Performance (P4P)
Efficiency Nova Scotia- Up to 10% of project cost
- All industries

Nunavut Toponomy Program
Government of Nunavut- Maximum amount : 25,000 $
- Information and cultural industries

Alcohol, Gambling and Cannabis Social Responsibility Funding
Manitoba Liquor & Lotteries- Up to 100% of project cost
- All industries

Community Radio Grant
Government of Nunavut- Maximum amount : 15,000 $
- Information and cultural industries
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La Ruche — Positive Footprint Fund
Gouvernement du Québec- From $5,000 to $100,000
- All industries

OASIS Program
Environnement Québec (MELCC)- From $1,000,000 to $25,000,000
- Public administration

Public Library Services
Government of Nunavut- Maximum amount : 500,000 $
- Information and cultural industries
- Educational services

CanNor Jobs and Growth Fund — For-profit
Canadian Northern Economic Development Agency (CanNor)- Up to 50% of project cost
- Agriculture, forestry, fishing and hunting
- Manufacturing
- Information and cultural industries
- Professional, scientific and technical services

Affordable Housing Innovation Fund
Canada Mortgage and Housing Corporation (CMHC)- No Condition
- Construction
- Real estate and rental and leasing
- Health care and social assistance

Collaborate 2 Commercialize
Government of Ontario- From $20,000 to $150,000
- Up to 50% of project cost
- Manufacturing
- Professional, scientific and technical services

Culture and Heritage (Schedule B)
Government of Nunavut- Maximum amount : 75,000 $
- Information and cultural industries
- Arts, entertainment and recreation
- Other services (except public administration)
- Public administration

Arts & Culture Funding
Dreamcatcher Charitable Foundation- No Condition
- Arts, entertainment and recreation

Culture and Heritage (Schedule A)
Government of Nunavut- Maximum amount : 15,000 $
- Information and cultural industries
- Arts, entertainment and recreation
- Other services (except public administration)
- Public administration

Charitable Partnerships
EPCOR Utilities Inc.- No Condition
- All industries

ESM — Digital Acceleration
Économie du Savoir Mauricie (ESM)- Maximum amount : 27,000 $
- Up to 45% of project cost
- Manufacturing
- Information and cultural industries
- Professional, scientific and technical services

Edmonton Arts Council - Invent & Adapt
The Edmonton Arts Council Society- Maximum amount : 30,000 $
- Arts, entertainment and recreation

OAC — Dance Organizations: Operating
Ontario Arts Council (OAC)- No Condition
- Educational services
- Arts, entertainment and recreation

Toronto Commercial Space Rehabilitation Grant Program
City of Toronto- From $5,000 to $24,000
- Up to 50% of project cost
- Retail trade

Invest Ottawa Accelerator Program
Invest Ottawa- No Condition
- Information and cultural industries
- Professional, scientific and technical services

Health Effects of Ultra-Processed Foods
Canadian Institutes of Health Research (CIHR)- Maximum amount : 1,000,000 $
- Professional, scientific and technical services
- Educational services
- Health care and social assistance

General Admission Festivals Program
Telefilm Canada- From $5,000 to $15,000
- Arts, entertainment and recreation

Agri-Tech Innovation Initiative : Stream 2 – Agri-Tech Innovation
Agricultural Adaptation Council (AAC)- Maximum amount : 100,000 $
- Up to 50% of project cost
- Agriculture, forestry, fishing and hunting
- Manufacturing

Toronto — Capacity Buyback Program
City of Toronto- No Condition
- Manufacturing
- Wholesale trade
- Retail trade
- Educational services

Indigenous Cannabis Business Fund — Business Planning, Design, and Capital
New Relationship Trust- Maximum amount : 250,000 $
- Manufacturing
- Retail trade

Buy BC Partnership Program — Industry Associations, Boards or Councils
Government of British Columbia- From $5,000 to $75,000
- Up to 50% of project cost
- Agriculture, forestry, fishing and hunting
- Manufacturing
- Wholesale trade
- Retail trade

i.d.e.a. Fund
TechAlliance- No Condition
- Manufacturing
- Professional, scientific and technical services
- Administrative and support, waste management and remediation services

Community Naturalization and Tree Planting Grants
FortisAlberta- From $2,500 to $2,500
- All industries

Cultural Communications Program
Government of Nunavut- Maximum amount : 50,000 $
- Information and cultural industries
- Educational services
- Arts, entertainment and recreation

Edmonton Arts Council - Equity and Access in the Arts
The Edmonton Arts Council Society- From $5,000 to $25,000
- Arts, entertainment and recreation