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Federal financing for small businesses in Canada is facilitated via a number of programs and agencies. Financing is available in the form of grants (sometimes called "non-repayable contributions"), loans , loan guarantees , income support and subsidized hiring and/or training programs.
Canada United Small Business Relief Fund (CUSBRF): This fund provides relief grants of up to $5,000 to small businesses, used for: purchasing PPE, renovating physical spaces, or developing their website or e-commerce capabilities.
The Canadian SR&ED tax incentive is the government's largest single support program for R&D. Canada has one of the more generous R&D programs among OECD countries. [2] [3] "Each year the SR&ED program provides over $4 billion in investment tax credits (ITCs) to over 18,000 claimants. Of these, about 75% are small businesses."
The Accion Opportunity Fund grants small business loans ranging from $5,000-$250,000, along with educational resources, coaching, and support networks in both English and Spanish. This program ...
Businesses can operate in the United States or Canada. For-profits or non-profit organizations are eligible to receive an Amber Grant award. The grant deadline for monthly contests is the last day ...
Because it seeks to play matchmaker between businesses and appropriate funders, Fundica has been dubbed "a sort of eHarmony of the funding world." [1] Between 2013 and 2019, Fundica organized the Fundica Roadshow, [2] an annual event held in cities across Canada and in the US. The Fundica Roadshow was intended to better educate entrepreneurs on ...