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.

Transportez vert — Eco-driving Training
- Maximum amount : 30,000 $
- Up to 50% of project cost
- Transportation and warehousing

Laurentides Tourism — Regional Partnership and Digital Transformation Agreement in Tourism (EPRTNT) – Structuring the regional tourism offering
- From $20,000 to $95,000
- Up to 50% of project cost
- Arts, entertainment and recreation
- Accommodation and food services

MRC L'Islet — Support for self-employed workers (SSEW)
- No Condition
- All industries

Summer Company
- Maximum amount : 3,000 $
- All industries

MRC Beauce-Sartigan — New Tourist Attractions Fund (FNAT)
- Maximum amount : 25,000 $
- Up to 20% of project cost
- Arts, entertainment and recreation
- Accommodation and food services

Ville de La Tuque — RRF stream 1 - Regional outreach support
- Maximum amount : 1,000,000 $
- Up to 50% of project cost
- All industries

Efficiency Nova Scotia — Building Optimization
- Maximum amount : 5,000 $
- All industries

Parliamentary District Policing Program
- Maximum amount : 50,000,000 $
- Up to 15% of project cost
- Public administration

MRC Domaine-du-Roy — Economic Development Fund
- Maximum amount : 150,000 $
- Up to 50% of project cost
- Manufacturing
- Professional, scientific and technical services

Home Renovation Savings Program
- Maximum amount : 12,000 $
- All industries

MRC Coaticook — Vitality Entrepreneurship Fund
- Maximum amount : 10,000 $
- Up to 50% of project cost
- Agriculture, forestry, fishing and hunting
- Manufacturing
- Other services (except public administration)
- Public administration

Community Organization Assistance Program (PAOC) – Support for the Overall Mission
- No Condition
- Other services (except public administration)
- Public administration

EPRTNT — Attractions, activities and facilities
- From $50,000 to $100,000
- Up to 30% of project cost
- Arts, entertainment and recreation
- Accommodation and food services

RCM de la Vallée-Du-Richelieu — Futurpreneur Canada
- Maximum amount : 60,000 $
- Up to 20% of project cost
- Agriculture, forestry, fishing and hunting
- Arts, entertainment and recreation
- Other services (except public administration)
- Public administration

Group Entrepreneurship Capital Program
- Maximum amount : 500,000 $
- Up to 50% of project cost
- Finance and insurance
- Educational services
- Health care and social assistance
- Arts, entertainment and recreation

Financial assistance: businesses in areas affected by major construction work
- Maximum amount : 40,000 $
- Up to 5% of project cost
- Retail trade
- Other services (except public administration)

MRC Papineau —Sustainable Development Fund (SDF)
- Maximum amount : 5,000 $
- Up to 25% of project cost
- Agriculture, forestry, fishing and hunting
- Retail trade
- Accommodation and food services
- Other services (except public administration)

MRC De la Côte-de-Gaspé - Investment support fund
- From $10,000 to $10,000
- Up to 20% of project cost
- Agriculture, forestry, fishing and hunting
- Mining, quarrying, and oil and gas extraction
- Utilities
- Construction

Financial assistance for large-scale northern projects
- Minimum amount : 200,000 $
- Up to 80% of project cost
- Agriculture, forestry, fishing and hunting
- Mining, quarrying, and oil and gas extraction
- Utilities
- Construction

Saint-Hyacinthe Technopole — MADE
- Maximum amount : 10,000 $
- Manufacturing
- Retail trade
- Other services (except public administration)
- Public administration

Podium Manufacturier
- From $40,000 to $70,000
- Manufacturing

National Acadian Day funding
- Maximum amount : 5,000 $
- Up to 100% of project cost
- Educational services
- Arts, entertainment and recreation
- Other services (except public administration)
- Public administration

Peak Perks
- Maximum amount : 75 $
- Utilities
- Other services (except public administration)
- Public administration

MRC La Matapédia — Regions and Rurality Fund of La Matapédia - 2024 Business Support Policy
- Maximum amount : 150,000 $
- Up to 50% of project cost
- Agriculture, forestry, fishing and hunting
- Professional, scientific and technical services
- Arts, entertainment and recreation

CQRDA — PSO-International
- Maximum amount : 1,500,000 $
- Up to 50% of project cost
- Manufacturing
- Professional, scientific and technical services
- Educational services
- Health care and social assistance
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MRC Charlevoix — Special Projects Fund
- Maximum amount : 5,000 $
- Up to 35% of project cost
- Agriculture, forestry, fishing and hunting
- Construction
- Manufacturing
- Retail trade

FedDev Ontario — Funding for organizations that help businesses grow
- From $125,000 to $10,000,000
- Manufacturing
- Information and cultural industries
- Professional, scientific and technical services
- Administrative and support, waste management and remediation services

Support for the purchase of electric off-road vehicles (VHRE)
- Maximum amount : 49,500 $
- Up to 50% of project cost
- All industries

MRC La Côte-de-Beaupré — Support Measure for Self-Employment
- No Condition
- Agriculture, forestry, fishing and hunting
- Construction
- Arts, entertainment and recreation

Défi-Québec, Commercial City
- Maximum amount : 50,000 $
- Up to 50% of project cost
- Retail trade
- Accommodation and food services

CoolSaver Program
- Maximum amount : 1,000 $
- Utilities
- Construction

CRIBIQ — INNOV-R
- Up to 40% of project cost
- Agriculture, forestry, fishing and hunting
- Manufacturing
- Administrative and support, waste management and remediation services

Apprenticeship Incentive Grant for Women (AIG-W)
- No Condition
- Construction
- Manufacturing

Recreational access for people with functional limitations
- No Condition
- Health care and social assistance
- Arts, entertainment and recreation
- Other services (except public administration)
- Public administration

SODEC — Support for cultural events
- Maximum amount : 400,000 $
- Arts, entertainment and recreation

Financial assistance for tourism festivals and events — Stream 4
- Maximum amount : 1,000,000 $
- Up to 25% of project cost
- Arts, entertainment and recreation

MRC Caniapiscau — Signature innovation
- Up to 80% of project cost
- Arts, entertainment and recreation

CQRDA — PSO-v2A
- From $100,000 to $350,000
- Up to 80% of project cost
- Manufacturing
- Professional, scientific and technical services
- Educational services

Genome British Columbia — Genomics Innovation Fund – Intake 002
- Maximum amount : 250,000 $
- Professional, scientific and technical services

IP financing - Associate members of CAI
- Maximum amount : 15,000 $
- Professional, scientific and technical services

MRC du Golfe-du-Saint-Laurent — Regional Support Fund for Social Programs (FRSPS)
- Maximum amount : 20,000 $
- Up to 75% of project cost
- Health care and social assistance

Prix innovation en alimentation
- No Condition
- Agriculture, forestry, fishing and hunting
- Manufacturing

MRC Portneuf — Heritage and Culture Fund
- From $1,000 to $7,500
- Up to 50% of project cost
- Arts, entertainment and recreation

Laurentides Tourism — Regional Partnership and Digital Transformation Agreement in Tourism (EPRTNT) – Accommodation
- From $30,000 to $95,000
- Up to 50% of project cost
- Arts, entertainment and recreation
- Accommodation and food services

MRC Charlevoix-Est — Financial Assistance to Support Rental Housing
- Maximum amount : 150,000 $
- Up to 33% of project cost
- Construction

- Up to 25% of project cost
- Health care and social assistance

MRC Collines-de-l'Outaouais — FRR Stream 2
- Up to 80% of project cost
- Arts, entertainment and recreation

Programme d’habitation abordable Québec - Volet 3 : Initiative de multilogements hautement préfabriqués
- No Condition
- Health care and social assistance

Eco-Roof Incentive Program
- Maximum amount : 100,000 $
- Construction
- Manufacturing
- Educational services
- Health care and social assistance

The Quantum Technologies innovation funding program
- Maximum amount : 1,500,000 $
- Up to 35% of project cost
- Professional, scientific and technical services
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MRC du Golfe-du-Saint-Laurent — Support Fund for Structuring Projects (FSPS)
- Maximum amount : 35,000 $
- Up to 50% of project cost
- Agriculture, forestry, fishing and hunting
- Educational services
- Arts, entertainment and recreation

Génome Québec — Commercialization Priming
- From $50,000 to $100,000
- Up to 27% of project cost
- Professional, scientific and technical services

MRC Kamouraska — Project Emergence Program (PEP)
- Maximum amount : 5,000 $
- Up to 50% of project cost
- Manufacturing
- Professional, scientific and technical services
- Administrative and support, waste management and remediation services
- Educational services

Cultural Spaces Grant Program - Critical Capital Assistance Capital Grants
- Maximum amount : 25,000 $
- Information and cultural industries
- Arts, entertainment and recreation

Recyc-Québec — Beverage Container Recycling — Stream 1
- Maximum amount : 1,000,000 $
- Up to 70% of project cost
- Manufacturing
- Administrative and support, waste management and remediation services

MRC du Granit — Business Succession Program
- Maximum amount : 15,000 $
- Up to 50% of project cost
- All industries

Business Growth — Growth support vouchers
- Maximum amount : 25,000 $
- Up to 50% of project cost
- Manufacturing
- Information and cultural industries
- Finance and insurance
- Professional, scientific and technical services

MRC Arthabaska - Self-employment support (STA)
- No Condition
- All industries

MRC de D’Autray — Support program for emerging business projects
- Maximum amount : 15,000 $
- Up to 80% of project cost
- All industries

- Maximum amount : 40,950 $
- Agriculture, forestry, fishing and hunting

Musicaction — Musical Showcases – Stream 1 - National Showcase
- Maximum amount : 15,000 $
- Up to 75% of project cost
- Arts, entertainment and recreation

Rail Transportation Infrastructure and Modal Integration Support Program – Part 2 – Modal Integration
- Maximum amount : 2,500,000 $
- Up to 50% of project cost
- Construction
- Manufacturing
- Wholesale trade
- Transportation and warehousing

Supporting the fight against poverty and social exclusion
- No Condition
- Educational services
- Health care and social assistance
- Other services (except public administration)
- Public administration

MRC Abitibi-Ouest — CRÉAVENIR Program
- Maximum amount : 5,000 $
- Up to 25% of project cost
- All industries

MRC Papineau — New Entrepreneur Fund (FNE)
- Maximum amount : 5,000 $
- Up to 50% of project cost
- All industries

- From $200,000 to $1,500,000
- Up to 40% of project cost
- Manufacturing

MRC L’Île-d’Orléans — Support for Structuring Projects
- Up to 70% of project cost
- All industries

Small Business Program
- Maximum amount : 3,000 $
- All industries

MRC Témiscouata — Program for Restoring Underutilized Agricultural Lands (TAD)
- Maximum amount : 12,500 $
- Up to 50% of project cost
- All industries

MRC Marguerite-D'Youville — FRR – Stream 2
- No Condition
- Other services (except public administration)
- Public administration

Sustainable industrial buildings subsidy
- Maximum amount : 1,000,000 $
- Up to 100% of project cost
- Agriculture, forestry, fishing and hunting
- Manufacturing
- Transportation and warehousing
- Information and cultural industries

MRC La Vallée-de-l’Or — Reimbursement – Public Market Booth Rental Fees
- Up to 100% of project cost
- Agriculture, forestry, fishing and hunting
- Manufacturing

Social Economy Development Fund
- Maximum amount : 10,000 $
- Up to 80% of project cost
- Educational services
- Health care and social assistance
- Arts, entertainment and recreation
- Other services (except public administration)

First Nations Waste Management Initiative
- No Condition
- Administrative and support, waste management and remediation services
- Public administration

MRC Les Appalaches — FRR Part 2
- No Condition
- Agriculture, forestry, fishing and hunting
- Administrative and support, waste management and remediation services
- Arts, entertainment and recreation
- Public administration
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Laval — Regional and Rural Fund (FRR) – Stream 2
- Up to 85% of project cost
- Educational services
- Health care and social assistance
- Arts, entertainment and recreation

MRC Charlevoix-Est — Vitalization Fund
- Maximum amount : 150,000 $
- Up to 50% of project cost
- Educational services
- Arts, entertainment and recreation
- Public administration

MRC de Rivière-du-Loup — FRR – Stream 2: Support for structuring projects to improve living environments
- Maximum amount : 20,000 $
- Up to 40% of project cost
- Educational services
- Health care and social assistance
- Arts, entertainment and recreation
- Other services (except public administration)

Musicaction — Musical Showcases – Stream 4 - Event in song in French Canada
- Maximum amount : 85,000 $
- Up to 75% of project cost
- Arts, entertainment and recreation

FACTOR funding for the sound recording industry
- From $5,000 to $5,000
- Information and cultural industries
- Arts, entertainment and recreation

Programme d’habitation abordable Québec - Volet 4 : Projets par les développeurs qualifiés pour ménages à revenu faible ou modeste
- Up to 80% of project cost
- Real estate and rental and leasing

Bioenergies Program
- From $10,000 to $5,000,000
- Up to 50% of project cost
- Mining, quarrying, and oil and gas extraction
- Utilities
- Construction
- Manufacturing

MRC L'Islet — Child development assistance measure for the south of the territory
- Maximum amount : 5,000 $
- Up to 80% of project cost
- Educational services
- Arts, entertainment and recreation
- Public administration

CleanBC — Custom Program
- Maximum amount : 250,000 $
- Up to 50% of project cost
- Utilities

OAC — Visual Artists Creation Projects
- From $5,000 to $15,000
- Arts, entertainment and recreation

MTRIC — INNOV-R SME
- Maximum amount : 450,000 $
- Up to 50% of project cost
- Manufacturing

Retrofit Program
- Maximum amount : 250,000 $
- Up to 50% of project cost
- Agriculture, forestry, fishing and hunting
- Manufacturing
- Educational services
- Health care and social assistance

Accès jardins
- No Condition
- Real estate and rental and leasing
- Educational services
- Arts, entertainment and recreation
- Other services (except public administration)

Sports Support Program - National Sport Organization
- No Condition
- All industries

MRC Charlevoix-Est — Assistance Fund for Bridge and Culvert Repair Projects on State-Owned Lands
- Maximum amount : 10,000 $
- Up to 50% of project cost
- Agriculture, forestry, fishing and hunting
- Other services (except public administration)
- Public administration

CACHE Challenges
- Maximum amount : 75,000 $
- Up to 50% of project cost
- Manufacturing
- Professional, scientific and technical services
- Health care and social assistance

Saint-Joseph-du-Lac — Green Responsibility Fund
- Maximum amount : 15,000 $
- Up to 75% of project cost
- Agriculture, forestry, fishing and hunting
- Educational services
- Other services (except public administration)
- Public administration

MRC Charlevoix — FQM Business Succession Fund
- Up to 50% of project cost
- Professional, scientific and technical services
- Other services (except public administration)
- Public administration

MRC Maskinongé — Young Entrepreneurs
- Maximum amount : 14,000 $
- Manufacturing

MRC Haut-Richelieu — FRR – Stream 2
- Up to 50% of project cost
- Retail trade
- Accommodation and food services

Energy Innovation Program – Advancing Canada’s clean energy future
- No Condition
- Mining, quarrying, and oil and gas extraction
- Utilities
- Manufacturing
- Transportation and warehousing

Trade Commissioner Service — Canadian International Innovation Program (CIIP)
- Maximum amount : 600,000 $
- Up to 50% of project cost
- Professional, scientific and technical services

Ville de Shawinigan — Incentive Program for Commercial Spaces
- Maximum amount : 20,000 $
- Up to 50% of project cost
- Retail trade
- Other services (except public administration)
- Public administration

PADAAR — Measure 4078 – Support for membership of a cooperative for the use of agricultural equipment (CUMA) and a cooperative for the replacement of agricultural labor
- From $1,000 to $4,000
- Up to 50% of project cost
- Agriculture, forestry, fishing and hunting

SODEC — Assistance for businesses in the arts and crafts sector — Stream 3
- Maximum amount : 10,000 $
- Up to 50% of project cost
- Arts, entertainment and recreation