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There are many government financing programs for businesses,
generally targeted to specific industries, geographical
areas or particular groups of entrepreneurs. Almost all
financing programs consist of loans. There are very few
grants available. However, they do exist for the arts/culture
industry. One of the more common financing programs is Canada
Small Business Financing (CSBF), a loan that is
guaranteed by the Government of Canada in the event
of a default on the loan.
There is an extensive
list of government financing programs for business at
the Canada-Ontario Business Service Centre (COBSC) Web site
which may be of help. See also the Sources
of Financing database at Industry Canada's "Strategis"
Web site.
Be sure to look into our Starting
Your Business Tutorials.
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