Financing your new business 

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Entrepreneurs often report that getting financing is the most challenging aspect of starting a business. There are both government and private-sector sources of financing that you can tap into to get your business off the ground.

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Government financing

The government provides financing to help entrepreneurs like you start a business. Some of this financing is targeted at specific demographic groups and industry sectors, and some of it is available to a wider audience. The financing includes grants and contributions (which generally do not have to be repaid), loans, and loan guarantees (which generally do have to be repaid).

  • ATB Financial
    Applies only to: Alberta

    If you are looking for money to help you start or operate your small business in Alberta, you may be eligible for financing opportunities.

  • BDC Buying a business

    Find out how you may get financing to buy an existing business.

  • BDC Capital

    Access a wide range of specialized financing to match the various stages of growth of your business.

  • BDC Financing for starting a business

    Learn how you could get a loan to start or buy a business or to buy property or equipment to set up your business.

  • BDC Small Business Loan — for existing business

    Get a loan of up to $50,000 within 5 business days. There are no fees or hassles and the entire process is online.

  • BDC business loans

    You could get money to help you start or grow your business.

  • BDC growth capital for aboriginal business

    Find out how you could get money to help start or grow your Aboriginal business.

  • CBDC First-time Entrepreneur Loan
    Applies only to: Newfoundland and Labrador Prince Edward Island Nova Scotia New Brunswick

    If you're a first-time entrepreneur living in a rural community in Atlantic Canada, you could get help to buy an existing business or start your own.

  • CBDC General Business Loan
    Applies only to: Newfoundland and Labrador Prince Edward Island Nova Scotia New Brunswick

    If you’re an entrepreneur living in a rural community in Atlantic Canada, you could get help to expand your existing business or buy a new one.

  • CBDC Youth Loan
    Applies only to: Newfoundland and Labrador Prince Edward Island Nova Scotia New Brunswick

    If you're a young entrepreneur living in Atlantic Canada, you could get help to start, expand or modernize your business.

  • JEDI Aboriginal Development Fund
    Applies only to: New Brunswick

    If you are Aboriginal and live in New Brunswick, you can apply for up to $2,500 to start or grow a business.

  • SMBs and Large Corporations — Project Financing
    Applies only to: Québec

    You could get a loan, a loan guarantee or financing in "quasi-equity" for up to 100% of project costs related to the growth of your business.

  • APEX Investment Fund
    Applies only to: Saskatchewan

    If your business is in one of three key industry sectors, you may be able to attract an equity investment of up to $5 million from this private fund.

  • AVAC Ltd.
    Applies only to: Alberta

    If you operate a new Alberta agricultural business, you can apply for money for R&D and to help you market your product or service.

  • Aboriginal Business Development Fund (Ulnooweg Loan)
    Applies only to: New Brunswick Nova Scotia Prince Edward Island Newfoundland and Labrador

    If you are a status or non-status Aboriginal living in Atlantic Canada, you could get funding to start, buy, grow or refinance a business.

  • Aboriginal Business and Entrepreneurship Development
    Applies only to: Newfoundland and Labrador Prince Edward Island Nova Scotia New Brunswick Québec Ontario Manitoba Saskatchewan Alberta British Columbia

    Apply for financing to start or grow your Aboriginal business.

  • Aboriginal Economic Development Fund — Business and Community Fund
    Applies only to: Ontario

    You may be eligible to apply for a loan for your aboriginal business in designated regions of Ontario.

  • Aboriginal Initiatives Fund II
    Applies only to: Québec

    Your aboriginal organization could benefit from a range of financial assistance for projects that support community development.

  • Aerospace Tax Holiday
    Applies only to: Prince Edward Island

    Your PEI aerospace business may be eligible for a tax rebate.

  • Agriculture Financial Services Corporation Lending
    Applies only to: Alberta

    Access loans and services to start or grow farm, agribusiness or other small business.

  • Alberta BoostR
    Applies only to: Alberta

    This crowdfunding platform can help your Alberta business raise money through a community of supporters, in exchange for a reward.

  • Alberta Foundation for the Arts Grants
    Applies only to: Alberta

    Learn about grants and resources for artists in Alberta.

  • Alberta Indian Investment Corporation
    Applies only to: Alberta

    If you are an Aboriginal entrepreneur seeking financing and business support, learn about loans, equity investments and services available to you.

  • Alberta Women Entrepreneurs
    Applies only to: Alberta

    As a woman in Alberta, you can take advantage of this network and its tools to gain business skills and help your business succeed.

  • Apeetogosan (Métis) Development Inc.
    Applies only to: Alberta

    Are you an established or budding entrepreneur seeking financing and business support services? If so, learn about direct business financing, equity investments, and business services.

  • Atlantic Association of Community Business Development Corporations
    Applies only to: New Brunswick Newfoundland and Labrador Nova Scotia Prince Edward Island

    If you live in a rural region of Atlantic Canada, you can access business counselling, financing and training to help start or grow your business.

  • Atuqtuarvik Corporation — Financing
    Applies only to: Nunavut

    If you are Inuit and live in Nunavut, you can apply for a loan to start or expand your business.

  • Black Business Initiative — Financial support
    Applies only to: Nova Scotia

    As an African Nova Scotian entrepreneur, you could access a loan of up to $25,000 to start or expand your business.

  • Business Development Centres of Nunavut
    Applies only to: Nunavut

    If you are a Canadian living in Nunavut, you can apply for help to start or grow a business in your community.

  • Business Development Program
    Applies only to: New Brunswick Newfoundland and Labrador Nova Scotia Prince Edward Island

    Access funds to start, expand or improve your business in Atlantic Canada.

  • Business Start Program
    Applies only to: Manitoba

    Are you ready to begin your business journey? Access this 3-day business workshop and loan guarantee program to start things off on the right foot.

  • Canada Small Business Financing Program

    Access funds for your small business with the help of this loan guarantee program.

  • Canadian Agricultural Loans Act program

    Find out how this loan guarantee could help you secure credit for your farming business.

  • Centre for Entrepreneurship Education Development — Financing
    Applies only to: Nova Scotia

    If you live in Halifax, Dartmouth or Bedford, you may be eligible for several financing programs to help fund your venture.

  • City of Saskatoon Business Development Incentives Program
    Applies only to: Saskatchewan

    Your business may be eligible for a tax abatement from the City of Saskatoon.

  • Clarence Campeau Development Fund
    Applies only to: Saskatchewan

    If you are Métis, you could get a financial package to help you start, buy or expand a business.

  • Commercial/Agriculture Loans
    Applies only to: Saskatchewan

    Your Aboriginal agriculture business can access loans for capital expenditures, including farm equipment, livestock and land acquisition.

  • Community Business Development Corporations — Social Enterprise Loan
    Applies only to: Newfoundland and Labrador Nova Scotia New Brunswick Prince Edward Island

    You could get a loan of up to $150,000 to start-up, renovate or grow your social enterprise in rural Atlantic Canada.

  • Community Futures Alberta — Small business loans
    Applies only to: Alberta

    You could get a loan to start or grow a business if you live in rural Alberta.

  • Community Futures British Columbia — Financing programs for entrepreneurs
    Applies only to: British Columbia

    You could get a loan to start or grow a business if you live in a rural area of British Columbia.

  • Community Futures Manitoba
    Applies only to: Manitoba

    Find out about loans to start or grow a business if you live in rural and northern Manitoba.

  • Community Futures Program
    Applies only to: Québec

    Get funding for starting or growing a business in a rural or disadvantaged area of the province of Quebec.

  • Community Futures Program (Ontario)
    Applies only to: Ontario

    You could receive funding to start or grow your business in rural Ontario.

  • Community Futures Saskatchewan — Loan products for small businesses
    Applies only to: Saskatchewan

    You could get a loan to start or grow a business if you live in rural or northern Saskatchewan.

  • Community Futures Self Employment Programs
    Applies only to: British Columbia

    If you live in BC and are underemployed, unemployed or have made an EI claim in recent years, you could get help to start or buy a business.

  • Community Futures Treaty Seven — Business development
    Applies only to: Alberta

    Are you an Aboriginal entrepreneur wishing to start or grow your business? You may be eligible for a business loan.

  • Craft Business Development
    Applies only to: Nova Scotia

    Access skills development and funding assistance to develop or grow your craft business in Cape Breton Island and Mulgrave.

  • Direct Equity Tax Credit Program
    Applies only to: Newfoundland and Labrador

    Invest in a new or expanding small business in Newfoundland and Labrador and receive a provincial income tax credit.

  • ESSOR Program — Funding support for development projects
    Applies only to: Québec

    You could get funding to create a new business, or to upgrade your processes or facilities.

  • Eastern Ontario Development Program
    Applies only to: Ontario

    If you are located in a rural area of Eastern Ontario, you could get financing to start or grow your business.

  • Economic Development Council for Manitoba Bilingual Municipalities: Financing
    Applies only to: Manitoba

    If you are a Francophone living in Manitoba, you may be able to get financing to start or grow a business.

  • Economic Development Initiative (Southern Ontario)
    Applies only to: Ontario

    Funding may be available for your organization if you provide business support services in French to a Francophone community in southern Ontario.

  • Elevate!
    Applies only to: Manitoba Saskatchewan Alberta

    Are you a person with a disability looking to start a business in a rural community? Support may be available.

  • Emerging Music Business Program
    Applies only to: Nova Scotia

    You could be eligible for funding for your emerging music business in Nova Scotia.

  • Entrepreneur Loan Program
    Applies only to: Prince Edward Island

    You may be eligible to receive up to $100,000 directly from authorized lenders backed by a government guarantee for your new or expanding business.

  • Entrepreneur Support (SEED)
    Applies only to: Northwest Territories

    You may be eligible to receive a grant to start a new business or to improve the capacity of your existing business.

  • Entrepreneurs with Disabilities Program
    Applies only to: Alberta British Columbia Manitoba Saskatchewan

    If you are an entrepreneur with a disability and you live in Western Canada, you could get help to start or grow a business.

  • Entrepreneurship and Business Development Fund
    Applies only to: Northwest Territories Nunavut Yukon

    If you are Aboriginal and live in the territories, you could get financing to start or grow a business.

  • FACTOR funding for the sound recording industry

    If your business operates in the English sound recording industry in Canada, you could qualify for funding to support various business activities.

  • FONDS MOSAÏQUE
    Applies only to: Québec

    If you are a member of one of Quebec's cultural communities, you may be eligible for funding to start a business or run a business that has been in operation for less than five years.

  • Farm Credit Canada — loans and lending options

    You could access flexible financing options for your farming, agri-food or agribusiness operation.

  • FarmNEXT
    Applies only to: Nova Scotia

    You could reduce the loan principal on your first farming business by up to $30,000.

  • Femmessor — Réussir en affaires
    Applies only to: Québec

    You could obtain funding, training or mentoring for the acquisition, start-up, expansion or consolidation of your company.

  • Financial Support for Aspiring Farmers
    Applies only to: Québec

    If you are a Quebec farmer and want to take over an existing farm or start a new one, this funding could be for you.

  • Financial programs
    Applies only to: Northwest Territories

    Are you looking to obtain financing for your business? This program offers term loans, equity, contributions and letters of credit.

  • First Citizens Fund — Business Loan Program
    Applies only to: British Columbia

    If you are an Aboriginal resident of B.C. you can get support to start or grow your business.

  • Fishing Licence Loan Program
    Applies only to: Nova Scotia

    Apply for a loan to buy a New Entrant or New Species fishing licence.

  • Fonds afro-entrepreneurs — Loans to Afro-Québécois businesspeople
    Applies only to: Québec

    Are you a member of one of Quebec's black communities? You could receive a loan or loan guarantee for your business' needs.

  • Fonds d'aide à l'économie de Lac-Mégantic (Economic Assistance Fund for Lac-Mégantic)
    Applies only to: Québec

    You could receive financial assistance if you carry out studies or projects promoting economic and tourism development in the town of Lac-Mégantic.

  • Fonds d'investissement en agroalimentaire Nicolet-Yamaska
    Applies only to: Québec

    You could receive financial assistance of up to $10,000 to start or expand your non-conventional-sized agri-food business.

  • Fonds de démarrage d'entreprises — MRC de Rouville
    Applies only to: Québec

    You could get financing of up to $25,000, if you plan to start or buy a business in the Regional County Municipality of Rouville.

  • Fonds de développement économique de la région de la Capitale-Nationale
    Applies only to: Québec

    You could get financial assistance if your project has a structuring effect on the economic development of the National Capital Region.

  • Fonds de diversification économique — MRC des Sources
    Applies only to: Québec

    Are you looking to start or expand your business development project in the Regional County Municipality of Des Sources? You could get financial assistance.

  • Fonds de diversification économique du Centre-du-Québec et de la Mauricie
    Applies only to: Québec

    Are you looking to start or expand your business development project in the Centre-du-Québec and Mauricie regions? You could get financial support.

  • Funding programs for Nunavut filmmakers
    Applies only to: Nunavut

    If you are a filmmaker, producer or owner of a production company based in Nunavut, you may get money to create films, television shows and digital media.

  • Futurpreneur Canada Newcomer Program

    If you are between the ages of 18 and 39 and have lived in Canada for less than 60 months you can apply for financing to start a business.

  • Futurpreneur Canada Start-Up Program

    Are you between the ages of 18 and 39? If you are a Canadian resident with a good business idea, you could get $15,000 or more to start or run a business full-time.

  • General business loans
    Applies only to: Ontario

    As a member of the Six Nations or New Credit aboriginal communities, you could qualify for a business loan of up to $300,000.

  • Grants and professional development — Arts sector
    Applies only to: Saskatchewan

    Are you a Saskatchewan resident looking for funding or professional development in the arts? Learn about the various programs available to entrepreneurs.

  • Grants for registered family child care homes
    Applies only to: Newfoundland and Labrador

    Thinking of starting a registered family child care home in Newfoundland and Labrador? You may be eligible for start-up grants and yearly supplements.

  • Indian Business Corporation services
    Applies only to: Alberta

    If you are a First Nations person looking for financing for a new or existing business, learn about loans and business services available to you.

  • Industry-Academic Collaboration Programs
    Applies only to: Ontario

    Learn about financing and support that may help you develop and commercialize innovative techniques, products and services in Ontario.

  • Investment Attraction Fund
    Applies only to: Newfoundland and Labrador

    You could get a loan or equity investment to establish your company in Newfoundland and Labrador.

  • Investment Fund Grant Programs
    Applies only to: Saskatchewan

    If you are an artist or creative producer in Saskatchewan with a product ready to sell, you can apply to receive a grant to support your efforts.

  • Junior Exploration Assistance Program
    Applies only to: Newfoundland and Labrador

    You could receive a grant to conduct advanced mineral exploration and prospecting activities.

  • Livestock Loan Guarantee Program
    Applies only to: Saskatchewan

    Find out about alternative financing solutions to purchase livestock, including cattle, sheep and bison.

  • Local Poverty Reduction Fund
    Applies only to: Ontario

    Your registered charity, not-for-profit or Aboriginal organization may be eligible for a grant for sustainable projects that aim to reduce poverty.

  • Local investment fund
    Applies only to: Québec

    Apply for financing to start or expand a business in Quebec.

  • Makigiaqvik Loans
    Applies only to: Nunavut

    If you have an Inuit-owned business you may be eligible for a loan of up to $50,000.

  • Marketing Support Program
    Applies only to: Prince Edward Island

    You could obtain financial assistance for marketing costs from start-up through to international exporting.

  • Metis-Dene Development Fund
    Applies only to: Northwest Territories

    You could get a loan to help you develop your business in the Northwest Territories.

  • Microlending for Women in Ontario Program
    Applies only to: Ontario

    As a woman entrepreneur, you may be eligible for business support training and microloans to help you start your business.

  • Music PEI Funding Program
    Applies only to: Prince Edward Island

    If you are a musical artist from PEI, you may apply for a grant to assist you in developing your craft.

  • Neighbourhoods Alive! Tax Credit
    Applies only to: Manitoba

    Interested in starting a social enterprise? You could receive a tax credit to help you.

  • New Business Growth Program
    Applies only to: Prince Edward Island

    If you are an established musician in PEI, you could get help in developing your career, particularly through revenue streams.

  • New Entrant Farmer Loan Program
    Applies only to: New Brunswick

    You could get up to $750,000 in loans to help you buy a farm.

  • New Small Business Tax Deduction
    Applies only to: Nova Scotia

    Find out how you can avoid paying Nova Scotia corporate income tax for the first 3 years of your new incorporated business.

  • Northern Business Opportunity Program (Northern Ontario)
    Applies only to: Ontario

    Your Northern Ontario business could be eligible for grants or loans ranging from $500,000 to $1 million.

  • Nova Scotia farm loans
    Applies only to: Nova Scotia

    Apply for a variety of lending products to help start or grow your agricultural business.

  • Nunavut Business Credit Corporation
    Applies only to: Nunavut

    You could get up to $1 million to start or grow a business in Nunavut.

  • Ontario Catapult Microloan Fund for Social Enterprises
    Applies only to: Ontario

    You may be eligible for a loan of $5,000 to $25,000 for your innovative Ontario-based social enterprise.

  • Ontario Disability Support Program: Employment Supports
    Applies only to: Ontario

    If you are an entrepreneur with a disability, you can get help starting a business.

  • Opportunities Fund for Persons with Disabilities

    If you are a person with disabilities who wants to start a business or if would like to hire someone with a disability, you could qualify for funds.

  • PME MTL Fund
    Applies only to: Québec

    You could obtain a loan and technical assistance to carry out your business project if you have a business in Montreal at the start-up or development stage.

  • Prêt à entreprendre
    Applies only to: Québec

    Are you starting a business or thinking of buying an existing one in Quebec? If so, you could get a loan on trust and support services.

  • Prospectors Assistance
    Applies only to: Newfoundland and Labrador

    You could receive funding for mineral exploration activities and prospector training.

  • Quebec Economic Development Program (QEDP)
    Applies only to: Québec

    Find out about financial and other resources that can help you develop your Quebec business.

  • Réseau des SADC et CAE (Network of CFDCs and CBDCs)
    Applies only to: Québec

    If you live in a rural region of Quebec, you could access business counseling, financing and training to start or grow your business.

  • Réseau québécois du crédit communautaire
    Applies only to: Québec

    You could obtain microfinancing from this network to start a business in Quebec.

  • Rise Asset Development
    Applies only to: Ontario

    If you are an entrepreneur facing mental health or addiction challenges you could get $300 to $10,000 to help start, grow or promote your business.

  • Seed Capital Initiative
    Applies only to: New Brunswick Newfoundland and Labrador Nova Scotia

    If you live in one of 5 major Atlantic cities, you could obtain a loan and training to start, grow or improve a small business.

  • Self Employment Option
    Applies only to: Northwest Territories

    Interested in starting your own business in the NWT? If you are unemployed, you could continue to receive benefits and get help to start your business.

  • Self Employment Program
    Applies only to: Manitoba

    Are you collecting Employment and Income Assistance? Are you ready to be your own boss? The Self Employment Program might be the next step for you.

  • Self-Employ PEI
    Applies only to: Prince Edward Island

    Interested in starting your own business? If you are currently unemployed, you may be eligible to receive benefits to help you do so.

  • Self-Employment Assistance
    Applies only to: Newfoundland and Labrador

    If you are unemployed and want to create a job for yourself by starting your own business, you may be eligible for financial and entrepreneurial assistance.

  • Self-Employment Benefit — Workforce Expansion
    Applies only to: New Brunswick

    Do you want to start a business and be your own boss? Find out about a program that could help you get started.

  • Self-Employment Program
    Applies only to: Alberta

    If you are unemployed, you could get self-employment training, continue to receive benefits, and get assistance for living expenses.

  • Self-Employment Program (Nova Scotia)
    Applies only to: Nova Scotia

    Get support and training to start a business to create your own job.

  • Settlement Investment Corporation
    Applies only to: Alberta

    As a Métis business owner, you could get support with direct business loans and services such as business plan development and training.

  • Sivummut Grants to Small Businesses
    Applies only to: Nunavut

    If you live in the Baffin (Qikiqtaaluk) region of Nunavut, you could get up to $25,000 to start or grow a business.

  • Small Business Loan Guarantee Program
    Applies only to: Nova Scotia

    You could borrow up to $500,000 to help establish or grow your Nova Scotia business.

  • Small Business Loans
    Applies only to: Prince Edward Island

    You could obtain a small business loan to purchase or expand a business, to consolidate debt, or undertake new construction.

  • SmartStart Seed Fund
    Applies only to: Ontario

    You may be eligible for funding of up to $60,000 to help you through the validation stage of your innovation-based business.

  • Social Enterprise Ontario
    Applies only to: Ontario

    Your social enterprise with an environmental or social goal for Francophones may be eligible for grants of up to $16,000 or loans of up to $40,000.

  • Starter Company
    Applies only to: Ontario

    As a youth entrepreneur, you may be eligible for funding of up to $5,000 and business skills training to help you a start or expand a business.

  • Strategic Community Entrepreneurship Projects program
    Applies only to: Ontario

    As a young entrepreneur you may be eligible for funding of up to $3,000 and business skills training to help you a start a business.

  • Strategic Investments Program
    Applies only to: Nunavut

    You could get funding to start or grow a business, or to help build Nunavut's economy if you run a not-for-profit corporation or society.

  • Student Entrepreneurship
    Applies only to: New Brunswick

    Are you looking for a summer job? You could get an interest-free loan of up to $3,000 to operate your own business.

  • Students in Business
    Applies only to: Nova Scotia

    You could apply for an interest-free loan to start your own business if you are between 15-34 years old and planning to go to school.

  • Summer Company
    Applies only to: Ontario

    If you are a student between 15 and 29 years of age, you may be eligible for up to $3,000 to help you start and run a summer business.

  • Support for Self-Employment
    Applies only to: Québec

    You could get financial and technical support to start a business or create your own job.

  • TechFutures Program
    Applies only to: Manitoba

    Are you a young entrepreneur with a technology-driven business idea? You could receive financial support to launch your business.

  • The Prince's Operation Entrepreneur

    If you are a transitioning Canadian Forces member looking to establish a small business, this program could be for you.

  • Toronto Enterprise Fund
    Applies only to: Ontario

    You could receive funding to start or manage a social enterprise that provides employment or training for socially marginalized people.

  • Tourism loans
    Applies only to: Prince Edward Island

    If you own a tourism establishment, you may be able to get a loan to buy, build, renovate or expand your business or consolidate debts.

  • Town of Conception Bay South Business Incentive Programs
    Applies only to: Newfoundland and Labrador

    If you are opening a business or expanding an existing business in the Town of Conception Bay South, you can apply for a business tax reduction.

  • Vessel Loan Program
    Applies only to: Nova Scotia

    Apply for a loan to purchase, build or modify your fishing vessel.

  • Women Entrepreneurs of Saskatchewan Inc.
    Applies only to: Saskatchewan

    If you are a woman living in Saskatchewan, you could get a loan, advice, training, referrals and more to start, grow or buy a business.

  • Women's Enterprise Centre (British Columbia)
    Applies only to: British Columbia

    If you are a woman living in British Columbia, you could get a loan to start, grow or buy a business.

  • Women's Enterprise Centre (Manitoba)
    Applies only to: Manitoba

    Are you a woman entrepreneur looking to start, expand or purchase a business? Get help to improve your business skills and acquire financing.

  • Young Entrepreneurs Program
    Applies only to: Manitoba

    If you are a young entrepreneur between 18-29 years old, you could receive a grant to help set up your business.

Private-sector financing

You can also turn to the private sector for financing for your business. You can look to Canada's major financial institutions, such as banks, credit unions, and cooperatives. Depending on the type of business you want to start, you might also be able to secure venture capital or financing from angel investors.

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