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Grants – Grants or "non-repayable contributions" are the funding that does not need to be paid back.; Loans – Loans may be low- or no-interest contributions. Financing methods and repayment requirements vary from conventional loan arrangements to situations in which the business fronts the costs, submits the costs to the agency, receives reimbursement for all or a portion of the costs, and ...
The Strategic Innovation Fund (SIF) is the program of Innovation, Science and Economic Development Canada designed to support the "Canadian innovation ecosystem," [1] which includes providing "funding to innovative sectors" such as "advanced manufacturing, agri-food, clean technology, clean resources, digital industries, and health and biosciences."
As of March 2021, Canada had 4,961 public foundations and 6,189 private. [1] Canadian foundations collectively comprise a very large asset base for philanthropy. As of 2003, there were over 2,000 active grantmaking foundations in Canada, who had total assets of CA$12.5 billion, with total grants given that year of over $1 billion. In 2018 ...
Bankrate insight. SBA loans can be an affordable type of debt financing for startups. So far, in fiscal year 2024, SBA-approved lenders have approved $3.4 billion in SBA 7(a) loans for startups ...
Fundica is a privately held financial services corporation based in Montreal, Quebec, that has developed an AI-powered funding search platform for banks, credit unions, business accelerators, economic development agencies and other entrepreneur-supporting organizations across North America.
Fundingportal was founded July 11, 2011, by Canadian lawyer Terry Kirk, CEO. [1] The company raised financing from private and angel investors. [2] At that time, it launched its Fundsearch database of what was then 7,000 government funding programs and sources of capital.
The Business Development Bank of Canada (BDC; French: Banque de développement du Canada) is a Crown corporation and national development bank wholly owned by the Government of Canada, mandated to help create and develop Canadian businesses through financing, growth and transition capital, venture capital and advisory services, with a focus on small and medium-sized enterprises.
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