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Financing for Small Businesses in Canada

Small Business Financing in Canada is essential for entrepreneurs looking to start or expand their ventures. Whether you are launching a new business or scaling an existing one, finding the right financing options can be crucial to your success. Understanding the various loans and credit options available can help you secure the funds needed to fuel your business growth. This article delves into the different loan programs, personal financing methods, and strategies for working with financial institutions to get your small business funded.

528 opportunities available
Accelerate Fund
Grant and FundingOpen

Accelerate Fund

Yaletown Partners
Early investment and coaching for Alberta startups
Eligible Funding
  • Maximum amount : 250,000 $
Eligible Industries
  • Agriculture, forestry, fishing and hunting
  • Manufacturing
  • Information and cultural industries
  • Professional, scientific and technical services
Types of eligible projects
CommercializationTechnologyInnovation
Alberta Innovates — Land and Biodiversity Program
Grant and FundingArchived

Alberta Innovates — Land and Biodiversity Program

Alberta Innovates
Funding for sustainable land use and biodiversity innovation initiatives
Eligible Funding
  • Maximum amount : 2,000,000 $
  • Up to 50% of project cost
Eligible Industries
  • Agriculture, forestry, fishing and hunting
  • Mining, quarrying, and oil and gas extraction
  • Utilities
  • Professional, scientific and technical services
Types of eligible projects
Environment and Climate
Spark Mentorships & Grants - Northwest Ontario
Grant and FundingExpert AdviceClosed

Spark Mentorships & Grants - Northwest Ontario

Tourism Innovation Lab
Support to develop new tourism ideas
Eligible Funding
  • From $3,000 to $3,000
Eligible Industries
  • All industries
Types of eligible projects
Innovation
BOF & BCFC Grant and B3 Capacity Building Program
Other SupportGrant and FundingClosed

BOF & BCFC Grant and B3 Capacity Building Program

Black Opportunity Fund (BOF)
Funding and capacity development for Black-serving nonprofits
Eligible Funding
  • From $20,000 to $20,000
  • Up to 50% of project cost
Eligible Industries
  • Educational services
  • Health care and social assistance
  • Arts, entertainment and recreation
  • Other services (except public administration)
Types of eligible projects
Human Resources
Perennia — On-Farm Climate Action Fund (OFCAF)
Grant and FundingOpen

Perennia — On-Farm Climate Action Fund (OFCAF)

Perennia Food and Agriculture Corporation
Supports Nova Scotia farmers adopting climate-friendly agricultural practices
Eligible Funding
  • Maximum amount : 100,000 $
  • Up to 85% of project cost
Eligible Industries
  • Agriculture, forestry, fishing and hunting
Types of eligible projects
Environment and Climate
Small Food Processor Scale-Up Program (SFPS)
Grant and FundingClosed

Small Food Processor Scale-Up Program (SFPS)

Investment Agriculture Foundation (IAF)
Supports scaling operations for food processors in BC
Eligible Funding
  • From $25,000 to $150,000
  • Up to 75% of project cost
Eligible Industries
  • Manufacturing
Types of eligible projects
CommercializationArtificial Intelligence (AI)TechnologyConstruction and Renovation Innovation
Durham Community Foundation Community Grants
Grant and FundingClosed

Durham Community Foundation Community Grants

Durham Community Foundation
Supports community initiatives aligned with local priorities
Eligible Funding
  • No Condition
Eligible Industries
  • Health care and social assistance
  • Arts, entertainment and recreation
  • Other services (except public administration)
Types of eligible projects
Environment and ClimateConstruction and Renovation Human Resources
PacifiCan — Aerospace Regional Recovery Initiative (ARRI)
Grant and FundingClosed

PacifiCan — Aerospace Regional Recovery Initiative (ARRI)

Pacific Economic Development Canada (PacifiCan)
Funding to recover Canada’s aerospace sector in British Columbia
Eligible Funding
  • Up to 100% of project cost
Eligible Industries
  • Manufacturing
Types of eligible projects
Economic Development Capacity Building
Grant and FundingClosed

Economic Development Capacity Building

Northern Development Initiative Trust (NDIT)
Financial incentive for local governments' economic development activities
Eligible Funding
  • Maximum amount : 50,000 $
  • Up to 50% of project cost
Eligible Industries
  • All industries
Types of eligible projects
Human Resources
Aquatic Invasive Species Prevention Fund
Grant and FundingClosed

Aquatic Invasive Species Prevention Fund

Fisheries and Oceans Canada (DFO)
Supports prevention and management of aquatic invasive species
Eligible Funding
  • Maximum amount : 250,000 $
Eligible Industries
  • Agriculture, forestry, fishing and hunting
  • Professional, scientific and technical services
  • Educational services
  • Other services (except public administration)
Types of eligible projects
Environment and Climate
Enbridge Gas Quebec —  Cash incentives – Effective renovation
Grant and FundingOpen

Enbridge Gas Quebec — Cash incentives – Effective renovation

Enbridge Gas Quebec
Support for energy-efficient renovations of windows, walls, and roofs
Eligible Funding
  • No Condition
Eligible Industries
  • Retail trade
  • Accommodation and food services
  • Other services (except public administration)
  • Public administration
Types of eligible projects
OCI — Ready 4 Market (R4M)
Grant and FundingOpen

OCI — Ready 4 Market (R4M)

Ontario Centre of Innovation (OCI)
Pre-seed co-investment for Ontario academic spinout technology start-ups
Eligible Funding
  • From $500,000 to $250,000
Eligible Industries
  • Information and cultural industries
  • Professional, scientific and technical services
  • Health care and social assistance
Types of eligible projects
CommercializationTechnologyInnovation
Oshki Wupoowane | The Blanket Fund  - Capacity Building Grants
Grant and FundingClosed

Oshki Wupoowane | The Blanket Fund - Capacity Building Grants

The Gord Downie & Chanie Wenjack Fund
Capacity building for grassroots Indigenous-led initiatives
Eligible Funding
  • Maximum amount : 175,000 $
Eligible Industries
  • Health care and social assistance
  • Arts, entertainment and recreation
  • Other services (except public administration)
Types of eligible projects
Business Planning, Skills Development and Agriculture Education
Grant and FundingOpen

Business Planning, Skills Development and Agriculture Education

Government of New Brunswick
Agriculture business planning and skills development in New Brunswick
Eligible Funding
  • Maximum amount : 25,000 $
  • Up to 80% of project cost
Eligible Industries
  • Agriculture, forestry, fishing and hunting
Types of eligible projects
CommercializationTechnologyHuman ResourcesInnovation
Journalism Futures Fund - Organizational Funding Stream
Grant and FundingExpert AdviceClosed

Journalism Futures Fund - Organizational Funding Stream

Inspirit Foundation
Multi-year support to strengthen independent journalism organizations
Eligible Funding
  • From $50,000 to $200,000
Eligible Industries
  • Information and cultural industries
Types of eligible projects
True North Small Business Grant Contest
Grant and FundingClosed

True North Small Business Grant Contest

Purolator Inc.
Contest prizes supporting Canadian small business growth
Eligible Funding
  • From $25,000 to $25,000
Eligible Industries
  • All industries
Types of eligible projects
Adjustment Services
Grant and FundingOpen

Adjustment Services

Government of New Brunswick
Funding to support human resource management
Eligible Funding
  • Up to 50% of project cost
Eligible Industries
  • Educational services
Types of eligible projects
Human Resources
CanNor — IDEANorth
Grant and FundingOpen

CanNor — IDEANorth

Canadian Northern Economic Development Agency (CanNor)
IDEANorth promotes Northern economic diversification and development
Eligible Funding
  • Maximum amount : 6,000,000 $
  • Up to 80% of project cost
Eligible Industries
  • Agriculture, forestry, fishing and hunting
  • Mining, quarrying, and oil and gas extraction
Types of eligible projects
CommercializationTechnologyConstruction and Renovation Innovation
Carrot Cache Fund
Grant and FundingClosed

Carrot Cache Fund

Carrot Cache
Supports projects advancing sustainable, just local food systems
Eligible Funding
  • From $500 to $5,000
Eligible Industries
  • Agriculture, forestry, fishing and hunting
Types of eligible projects
OTF — Capital Grant
Grant and FundingClosed

OTF — Capital Grant

Ontario Trillium Foundation (OTF)
Funding to enhance and upgrade Ontario community facilities and spaces
Eligible Funding
  • From $10,000 to $200,000
Eligible Industries
  • Arts, entertainment and recreation
  • Other services (except public administration)
  • Public administration
Types of eligible projects
Construction and Renovation
Canada - Manitoba Job Grant
Grant and FundingClosed

Canada - Manitoba Job Grant

Government of Manitoba
Money for employee training in Manitoba
Eligible Funding
  • Maximum amount : 100,000 $
  • Up to 75% of project cost
Eligible Industries
  • All industries
Types of eligible projects
Human Resources
Child Care Operating Funding (CCOF) - Base Funding
Grant and FundingOpen

Child Care Operating Funding (CCOF) - Base Funding

Government of British Columbia
Financial support for BC family and group child-care providers
Eligible Funding
  • No Condition
Eligible Industries
  • Health care and social assistance
Types of eligible projects
Advancing Agri-Food Processing
Grant and FundingOpen

Advancing Agri-Food Processing

Government of New Brunswick
New Brunswick agri-food product development funding
Eligible Funding
  • Maximum amount : 50,000 $
  • Up to 30% of project cost
Eligible Industries
  • Agriculture, forestry, fishing and hunting
  • Manufacturing
Types of eligible projects
Innovation
NGen — AI For Manufacturing Challenge 2024
Grant and FundingClosed

NGen — AI For Manufacturing Challenge 2024

Next Generation Manufacturing Canada (NGen)
Support the commercialization of AI/ML solutions in Canadian manufacturing
Eligible Funding
  • From $1 to $2,100,000
  • Up to 35% of project cost
Eligible Industries
  • Manufacturing
Types of eligible projects
CommercializationArtificial Intelligence (AI)Digital Transformation
PROMPT — PARTENAR-IA
Partnering and CollaborationGrant and FundingClosed

PROMPT — PARTENAR-IA

PROMPT
Funding for Quebec innovative collaborations in AI for ICT
Eligible Funding
  • Maximum amount : 1,500,000 $
  • Up to 50% of project cost
Eligible Industries
  • Professional, scientific and technical services
  • Educational services
  • Health care and social assistance
Types of eligible projects
Artificial Intelligence (AI)
PRIMA — PARTENAR-IA — Academic
Grant and FundingClosed

PRIMA — PARTENAR-IA — Academic

Advanced Materials Research and Innovation Hub (PRIMA)
Funding for Quebec R&D collaborations in AI for advanced materials
Eligible Funding
  • Maximum amount : 500,000 $
  • Up to 50% of project cost
Eligible Industries
  • Manufacturing
Types of eligible projects
Artificial Intelligence (AI)
The Artificial Intelligence innovation funding program (PIIA) - Part 2 : SMEs
Grant and FundingArchived

The Artificial Intelligence innovation funding program (PIIA) - Part 2 : SMEs

PROMPT
AI Innovation Funding Program for Quebec Businesses
Eligible Funding
  • Maximum amount : 350,000 $
  • Up to 50% of project cost
Eligible Industries
  • Manufacturing
  • Information and cultural industries
  • Professional, scientific and technical services
  • Other services (except public administration)
Types of eligible projects
Artificial Intelligence (AI)TechnologyInnovation
Career Launcher Apprenticeship Program
Grant and FundingClosed

Career Launcher Apprenticeship Program

Colleges and Institutes Canada
Financial incentive for employers in construction and manufacturing
Eligible Funding
  • From $5,000 to $10,000
Eligible Industries
  • Construction
  • Manufacturing
Types of eligible projects
Construction and Renovation Human Resources