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Grants and Funding for Small Businesses & Entrepreneurs

Looking for small business funding?

Entrepreneurs often report that finding grant and financing options is one of the most challenging aspects of starting or growing a business. There is also a myth that there is free grant money for all businesses but unfortunately, that is just not true.

Most available grant programs are targeted strictly to:

  • specific industries
  • geographical areas
  • particular groups of entrepreneurs (minority groups, youth, employment insurance recipients, innovation, etc.)

To better assist business owners in their funding pursuit, a comprehensive list has been curated below of various grants, loans, tax credits, and wage subsidies, that provide support for a range of sectors from digital media and healthcare to food processing and retail. In addition, you will also find information on municipal programs such as grants, incentives, and rebates offered directly through the City of Hamilton.

Please note: each of the programs listed below has its own eligibility criteria and requirements. Please read each one carefully to be sure your business is eligible.

Featured Funding Resources:

Financing Options:

  • BDC Business Financing – Business Development Bank of Canada (BDC) has many business financing programs for businesses and entrepreneurs including Women in Tech and Women Entrepreneurs
  • Farm Credit Canada Financing – focused on supporting agriculture, agribusiness, and food and beverage businesses
  • Canada Small Business Financing Program – most start-ups and existing for-profit small businesses in Canada with gross revenues of $10 million or less are eligible to apply for loans under this program. Such businesses can be corporations, sole proprietors, partnerships, or cooperatives
  • Community Futures Program – various loan programs for urban and rural businesses
  • LendingLoop – Canada’s most affordable online business loan – built for small business owners
  • Fair Finance Fund – for food entrepreneurs
  • Futurpreneur – various programs for entrepreneurs including mentorship and financing up to $60,000
  • Rise Asset Development – low-interest small business loans when a traditional loan is not an option
  • Access Community Capital Fund – helping people overcome financial barriers to achieve a better life through small loans, education, and mentoring
  • Alterna Savings Micro-Financing – micro-lending initiatives
  • OnDeck – short-term working capital for established businesses
  • Swoop Funding – loans, financing, and grants for small businesses


This is a method of raising capital in small amounts from a large group of people using the Internet and social media. Individuals are asked to make micro-investments or donations to causes and ventures they believe in. For more information about crowdfunding, please visit the following websites:

Government Grants & Financing:

Grant Program Search Platforms:

Search grants, incentives, and tax credits across all industries and regions.

Angel Investors & Venture Capital:

Angel investing goes beyond providing funds to start-up businesses. Unlike venture capitalists, angels are involved in the start-up businesses that they invest in to ensure higher returns.

Angel groups in Ontario:

Funding for Indigenous Entrepreneurs:

Training, Employment & Innovation:

  • Training & Employment (Hamilton Economic Development) – Comprehensive list of training, employment, and human resource programs available by various levels of government, not-for-profits, and various other agencies. Subsidies, grants, tax credits, and counseling may be available to fit your company’s training and employment needs
  • Innovation Programs (Hamilton Economic Development) – Comprehensive list of R&D and Innovation programs offered by various levels of government, not-for-profits, and other delivery agencies. Tax credits, grants, and cost-sharing may be available for your company’s research and development, innovation, and export needs

Last updated: 3/8/2023