Discover The Right Government Funding For Your Company
Whether it is grants, tax credits, or interest-free loans, there are many funding options for companies across Canada. Read below to discover what kind of programs you might be eligible for or sign up to Pocketed to get your business profiled and matched to the most applicable funding for your business!
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Understanding Government Funding For Businesses
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Equity Deserving Entrepreneurship
Funding for equity-deserving entrepreneurs in Canada provides financial support to underrepresented groups, including women, minorities, and Indigenous peoples, to start and grow their businesses. These funds aim to promote inclusivity, reduce barriers to entry, and foster economic empowerment within diverse communities. For example, there are:
- 77+ indigenous-specific programs
- 20+ programs for female entrepreneurs
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50+ programs for people of colour
Some examples of these are the (ICB) Pilot Program for $25K or the Black Producer Accelerator Program for $12K. These programs, while meant to boost equity within specific groups, are still very dependent on the business type, industry, and activity.
This is why we built our free software Pocketed that will profile your company and immediately match you with the most relevant programs to your business
Hiring Programs
Hiring grants in Canada offer financial support to businesses to recruit and train new employees. These grants aim to reduce employment costs, enhance workforce skills, and promote job creation across various sectors. Hiring tends to be broken into several categories with dozens of funding options for each category. They are:
- Student Hiring
- Youth hiring
- Research Hiring
- Newcomer Hiring
- Unemployed Hiring
Some examples of these are the Venture For Canada SWPP for $7K every 4 months or MITACS Elevate for $60K. The criteria for these programs are usually specific and nuanced.
This is why we built our free software Pocketed which will profile your company and immediately match you with the most relevant programs to your business!
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Sustainability & Clean-Tech
Sustainability and clean tech funding in Canada provide financial support to projects that promote environmental sustainability and the development of clean technologies. These funds aim to reduce carbon emissions, improve energy efficiency, and foster innovative solutions for a greener economy.
This category of funding has several hundred unique programs specific to it that are all for specific applications
Some examples of these are the Call for Innovation: Wildfire Tech (CICE) Program for $25K or the Agriculture Water Infrastructure Program for $2M. These programs, while clean-tech focused, are still very dependent on the business type, industry, and activity.
To get an exhaustive list of clean-tech funding you can use our free tool, Pocketed, which will profile your company and immediately match you with the most relevant programs to your business!
Market Expansion & Exporting
Export grants in Canada provide financial assistance to businesses aiming to expand their markets internationally. These grants focus on supporting activities such as market research, trade missions, and the development of export strategies to boost global competitiveness.
Some examples of these are the CanExports for $50K or Creative Export. There are multiple streams for even these two programs and the criteria for these programs are usually specific and nuanced.
This is why we built our free software Pocketed which will profile your company and immediately match you with the most relevant programs to your business!
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Small Business Funding
Small business funding in Canada provides financial support to startups and small enterprises to help them grow and succeed. This funding includes grants, loans, and subsidies aimed at fostering innovation, enhancing competitiveness, and creating jobs.
This category of funding has several hundred unique programs specific to it that are all for specific applications
Some examples of these are the Call for Innovation: Wildfire Tech (CICE) Program for $25K or the Agriculture Water Infrastructure Program for $2M. These programs, while clean-tech focused, are still very dependent on the business type, industry, and activity.
To get an exhaustive list of clean-tech funding you can use our free tool, Pocketed, which will profile your company and immediately match you with the most relevant programs to your business!
Innovation & R&D
Innovation grants in Canada offer funding to businesses and researchers to develop new technologies, products, and services. These grants aim to drive economic growth, enhance competitiveness, and support the commercialization of innovative ideas. Innovation funding can take the form of:
- Tax Credits
- Research Hiring Grants
- IP Funding
Some examples of these are the SR&ED which you are entitled to and can be worth hundreds of thousands of dollars, or MITACS which is a research hiring grant worth $60K. Not only are there hundreds of innovation grants but they can be quite complicated to file.
Pocketed not only matches you to the correct funding but we have grant consultation and writing services to help you successfully get your claim!
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Agriculture
Agricultural grants in Canada provide financial support to farmers and agribusinesses to enhance sustainability, innovation, and productivity. These grants focus on various areas, including research and development, environmental stewardship, and market expansion.
There are almost 600+ agriculture funding programs
Some examples of these are the Species at Risk Farm Incentive Program for businesses in Ontario or the Agriculture Water Infrastructure Program for $2M. Each program is for different regions, use cases, and project types.
To get an exhaustive list of agriculture funding you can use our free tool, Pocketed, which will profile your company and immediately match you with the most relevant programs to your business!
Capital Expenditure
Capital expenditure funding in Canada offers financial assistance to businesses for purchasing or upgrading physical assets such as equipment, facilities, and infrastructure. These funds aim to enhance productivity, support expansion, and improve operational efficiency. Some of the big programs are:
- Next Generation Manufacturing Canada (Ngen)
- Green Municipal Fund: Capacity Development Partner Grants
- New Construction - Enbridge Gas
As with most government funding each grant looks at industry, company size, location, project, and more to assess fit.
Pocketed not only matches you to the correct funding but we have grant consultation and writing services to help you successfully get your claim!
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With over 1600+ grants available to businesses in Canada at any given time, staying on top of shifting requirements and application processes can be daunting. The complexity and volume of information often make it challenging for businesses to identify and secure the right grants.
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Why It Gets Tricky...
Securing the right grant isn't just about finding it. The process can be complicated by factors such as:
- Timing: Cover salaries, wages, and contracted services necessary for your projects.
- Choosing the right delivery agent: Selecting the right delivery agent is choosing the right guide for an expedition. Different agents have specific industry focuses and varying processes.
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Stacking Grants: Knowing what and how to stack grants to get the most.
How Pocketed Makes It Easy
Pocketed simplifies the entire process, helping you navigate the grant landscape with ease. We're reinventing grant funding in just 3 easy steps: get matched, get supported, get funded!
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Get Matched
Our intelligent matching platform generates a curated list of grants tailored to your business needs.
Get Supported
Access expert help from grant writers, consultants, lenders, and more through our comprehensive grants marketplace.
Get Funded
Secure the funding you need to grow and innovate your business with ease.
Start Your Journey with Pocketed Today
Our customers win with us!
“Pocketed is hands-down the easiest solution for securing in-demand grant money. Pocketed has helped us with grants and we plan on continuing to partner together for years to come."
- Mikael Castaldo, Co-CEO, Kruzee
“We’ve been able to access over $190,000 in grant funding which has helped expand our reach, better serve our clients, pay our staff equitably and most importantly dream bigger for what we can offer our community."
- Clinical Director