Just imagine you are able to get an Ontario government grants cheque for your small business that you never have to repay!
But how likely is it that the Ontario government has grants that you never have to repay?
It is true that there are different government grant programs offered by the Ontario government that you never have to repay.
However, these programs are extremely difficult to obtain in comparison to government low interest or no interest loans let’s say.
The good thing is though, as a small business owner looking for funding, a government grant is a possibility. And if you are able to obtain a grant that you never have to repay, you have to ensure that you act in accordance with the funding agency and program rules.
Since there are many different types of government grants, the availability of non repayable government grants may depend on your location, your industry and your funding needs. However, the good news is that funding is available, so your next search should be in the Funding Database to find out which programs your small business can actually get.
