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People applying for grants often get overwhelmed by the multitude of departments, and programs offering grants to Canadian businesses. Often they don’t know how to apply, and end up surfing the web for grants that look appealing, and ultimately end up applying for programs they won’t qualify for, or not even applying at all. They regularly conclude that they will have no chance of getting a grant and stop applying all together. This mentality is wrong. Do not let yourself become discouraged. There are three prime reasons why individuals don't succeed in obtaining a grant: Poor choice of grants, Unprofessional and half-hearted application, and long winded searches that lead to dead ends. Real advice can be hard to come by, the most valuable information we can provide to you Is that a business plan is required to apply for different financial assistance and we have the most complete example for you to write your own regardless of your business or ideas Find the grant program that is right for you! There are hundreds of programs out there, a lot of which tend to not suit your specific needs. Some programs are specialized, targeting specific business sectors. Those programs are real goldmines if your business fits into the particular category the program targets. You must follow up on these programs. Search for lesser known grant programs. There are many grant opportunities that you never even thought existed. Our resources can help you find the program that is right for you. Apply Early and Often! There are no limits on the amount of times you can apply for a grant and the earlier to apply the earlier you can recieve your money and start improving your business. What is a grant? A grant is a sum of money given to you or your business which does not have to be repaid. Most grants are conditional, meaning that the funds need to be used for the purpose that they were given. Many times this purpose is broadly defined. Grants can be used to purchase equipment, real estate, to advertise or to conduct a marketing/feasibility study as well as many other purposes. How long will it take for me to receive assistance from the government? How many grants can I apply for? How much does it cost to apply? Is there a credit requirement? |
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