Grants and Funding
Grants and Funding available from the Government of Canada
Below is a list of grants and funding opportunities to help your business/organization.
Overview of federal Government Services for Small Businesses
Find everything that the government can do for your business, all in one place. The Innovation Canada digital platform can match you with the best-fitting programs and services from across federal, provincial and territorial governments—in less than 3 minutes.
Canada Small Business Financing Program
The Canada Small Business Financing Program makes it easier for small businesses to get loans from financial institutions by sharing the risk with lenders. Small businesses or start-ups operating in Canada with gross annual revenues of $10 million or less. Up to a maximum of $1,000,000 for any one borrower, of which no more than $350,000 can be used for purchasing leasehold improvements or improving leased property and purchasing or improving new or used equipment.
SR&ED Self-Assessment and Learning Tool
The Self-Assessment and Learning Tool (SALT) helps you understand how to prepare to apply for Scientific Research and Experimental Development (SR&ED) tax incentives.
Business Scale-up and Productivity (BSP) in British Columbia
The Business Scale-up and Productivity program Expression of Interest intake will open June 15, 2022, 12:00 pm PST. The intake will close on July 27, 2022 at 12:00 pm PST. An additional intake is planned for November 2022.
Economic Development Initiative (EDI) in British Columbia
The Economic Development Initiative (EDI) provides financial support to projects that encourage economic diversification, business development, innovation, partnerships and increased support for small and medium-sized enterprises in official language minority communities (OLMCs).
Strategic Partnerships Initiative
The Strategic Partnerships Initiative (SPI) helps Indigenous communities participate in complex economic opportunities. New funding for clean energy projects. An additional $300 million is available until 2027 for clean energy projects in Indigenous, rural and remote communities across Canada. To learn more about the types of projects we’re funding, who can apply and how we’re working, visit Clean energy in Indigenous, rural and remote communities.
Regional Innovation Ecosystems (RIE) in British Columbia
The Regional Innovation Ecosystems (RIE) program stream aims to create, grow and nurture inclusive regional ecosystems that support business needs throughout the innovation continuum, and foster an entrepreneurial environment conducive to innovation, growth and competitiveness.
Community Economic Development and Diversification (CEDD) in British Columbia
The CEDD program supports economic development initiatives that contribute to the economic growth and diversification of communities across British Columbia. Through this program, PacifiCan enables communities to leverage their capacity and strengths to, respond to economic development opportunities, adjust to changing and challenging economic circumstances (e.g. inter-city bus transportation, wildfires and floods). PacifiCan accepts applications for CEDD on an ongoing basis.
Strategic Innovation Fund
Making sure that Canada is a top destination for businesses to invest, grow and create jobs and prosperity for Canadians is one of the Government’s top priorities. The Strategic Innovation Fund’s (SIF) objective is to spur innovation for a better Canada by providing funding for large projects and national innovation ecosystems.
Jobs and Growth Fund (JGF) in British Columbia
The Jobs and Growth Fund provides funding to businesses and organizations to help create jobs and position local economies for long-term growth. The fund, delivered by Canada’s regional development agencies (RDAs), provides $700 million nationally over 3 years, which includes up to $70 million dedicated to businesses created after January 2020 that meet eligibility criteria.
In the West, Pacific Economic Development Canada (PacifiCan) and Prairies Economic Development Canada (PrairiesCan) are investing $217 million to help job creators and the organizations that support them to future-proof their businesses, build resiliency and prepare for growth by transitioning to a green economy, fostering an inclusive recovery, enhancing competitiveness and creating jobs in every corner of the country.
Major Festivals and Events Support Initiative (MFESI) in British Columbia
Major festivals and events are key levers of economic activity in communities across the country. They attract international tourists, position Canada and its regions as destinations of choice, encourage investment in Canadian tourism assets and create jobs.
The Major Festivals and Events Support Initiative supports major Canadian festivals and events that have been hit hard by the economic impacts of COVID-19 to adapt and enhance their activities as the economy recovers. With a national budget of $200 million over 2 years, the initiative will ensure continued operations and maintain local jobs in surrounding communities.
