Business Expansion
Every business wants to grow; however, they all face a common barrier to growth—available cash flows.
The Canadian government provides grants to subsidize small business growth. This includes grants for:
Expanding your facility
Purchasing new capital equipment
Entering new markets
These grants are available to mature, growth-oriented companies in Canada.
Globalization has shifted how businesses operate and grow. There is a growing need for automated and advanced technologies. Businesses need to constantly invest in new equipment to keep up with this growing demand. Without making these investments, businesses will limit their production capabilities and risk losing competitive advantage.
Programs exist on both the federal and provincial level (i.e., Ontario grants for small business, and Western Canadian government grants). Both federal and provincial governments provide loans and grants for small businesses to invest in:
There are programs to assist in the following areas:
Capital equipment
Enterprise software
Advanced technologies
Building design
Construction
Commercialization strategies
Funding Programs Business Expansion
[inovation_funding_list expid='374' regionid=]
Explore Funding for Other Expenditures
R&D; Development & Improvement of new technology, products & processes
Sales & Marketing of Technology, Exports, Growth & Competitiveness
Hiring, Developing & Upskilling Human Resources
