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.

Canada - Manitoba Job Grant
Government of Manitoba- Max. $100,000
- Up to 75% of project cost
- All industries

Sustainable Canadian Agricultural Partnership in New Brunswick
Government of New Brunswick- Max. $50,000
- Up to 25% of project cost
- Agriculture, forestry, fishing and hunting
- Manufacturing

Child Care Operating Funding (CCOF) - Base Funding
Government of British Columbia- No Condition
- Health care and social assistance

LRCC — Metis Women Entrepreneurship Program
Louis Riel Capital Corporation (LRCC)- Max. $50,000
- All industries

Advancing Agri-Food Processing
Government of New Brunswick- Max. $50,000
- Up to 30% of project cost
- Agriculture, forestry, fishing and hunting
- Manufacturing
Discover how much grant funding is available for your business
Subsidize your projects with government financial aid
Use our free grant estimator to quickly identify the available grant amounts for which your company may be eligible.

Livestock Strategy Program — Provincial Abattoir
Government of Prince Edward Island- No Condition
- Agriculture, forestry, fishing and hunting
- Public administration

NGen — AI For Manufacturing Challenge 2024
Next Generation Manufacturing Canada (NGen)- From $1 to $2,100,000
- Up to 35% of project cost
- Manufacturing

PROMPT — PARTENAR-IA
PROMPT- Max. $1,500,000
- Up to 50% of project cost
- Professional, scientific and technical services
- Educational services
- Health care and social assistance

Career Launcher Apprenticeship Program
Colleges and Institutes Canada- From $5,000 to $10,000
- Construction
- Manufacturing

SDTC — Seed Funding
Sustainable Development Technology Canada (SDTC)- From $50,000 to $100,000
- Professional, scientific and technical services
Tired of scrolling through all these programs?
Filter funding opportunities relevant for your company on the helloDarwin platform
Sort over 3,000 business funds by your industry, projects and location with helloDarwin's free app.

Call for projects: Innovation and growth
PME MTL- Max. $50,000
- Information and cultural industries

SDTC — Scale Up Funding
Sustainable Development Technology Canada (SDTC)- Max. $4,000,000
- Up to 33% of project cost
- All industries

PRIMA — PARTENAR-IA — Academic
Advanced Materials Research and Innovation Hub (PRIMA)- Max. $500,000
- Up to 50% of project cost
- Manufacturing

Technology showcase program for buildings and innovative wood solutions
Gouvernement du Québec- Max. $1,000,000
- Up to 50% of project cost
- Agriculture, forestry, fishing and hunting
- Construction
- Manufacturing

Sustainable Development Technology Canada — Scale Up Funding
Sustainable Development Technology Canada (SDTC)- Up to 33% of project cost
- Professional, scientific and technical services

CAAIN — Livestock Innovation Program 2024
Canadian Agri-Food Automation and Intelligence Network (CAAIN)- Max. $3,000,000
- Up to 40% of project cost
- Agriculture, forestry, fishing and hunting

The Artificial Intelligence innovation funding program (PIIA) - Part 2 : SMEs
PROMPT- Max. $350,000
- Up to 50% of project cost
- Manufacturing
- Information and cultural industries
- Professional, scientific and technical services
- Other services (except public administration)

The Artificial Intelligence innovation funding program (PIIA) - Part 1: Scope
PROMPT- Max. $1,500,000
- Up to 50% of project cost
- Information and cultural industries
- Professional, scientific and technical services
- Other services (except public administration)