The various government entities across Canada offer more than a thousand different grants and subsidies for businesses operating across the country. They offer substantial financial benefits, but often the ecosystem is opaque and challenging to navigate.
Grant mapping services can help you to identify and access funding opportunities most relevant to your needs and goals, to maximize government support. In addition to windfall financing, the holistic, streamlined process saves significant time and internal resources in identifying and tapping the most relevant and impactful programs for your business. It delivers up all the information on eligibility, application deadlines, project requirements, and evaluation methods.
There are four main categories – innovation, expansion/export, environment, and human capital. These can be applied across broad project categories, including:
Unlike tax credits, companies must “pre-qualify” the projects they wish to finance with grants. This is an outgrowth of a clear recent move away from “indirect” financing, such as tax credits, in favor of “direct” financing, such as grants. This is aimed to encourage you to develop and innovate in your chosen space, while optimizing cash flow.
How to maximize your benefits
There are some important best practices to benefit from these programs to the full extent:
Talk to the experts – ABGI & Braithwaite Canada
ABGI & Braithwaite Canada are the established experts in grant mapping services.
Our team of experts at ABGI & Braithwaite Canada can help you to navigate the complex world of grants and funding and provide you with the support you need to succeed.
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