Canada Start-Up Grants: Key Programs & How to Qualify

There approximately 17 grant programs specifically designed for startups in Canada at the Federal level. This is a small subset of the 68 Federal programs for established small businesses grants, although the majority are better suited for small businesses with at least 1-2 years of tax records. Startups can access a modest selection of programs that focus on non-dilutive funding, crucial for companies looking to retain full ownership while securing financial support.

Of the available programs, a significant portion are tailored towards hiring and staffing, providing subsidies and incentives rather than direct cash grants. This reflects a governmental focus on job creation and economic stimulus through human resource development.

While direct funding for operational costs is rare, startups can find specific opportunities in areas like research and development, market expansion, and technology commercialization. It's important for new companies to navigate these options carefully, understanding that the best fit might often come from less traditional grant avenues. Start-ups should also check for Regional and Provincial grants, which often come with fewer strings attached.