In today’s competitive business landscape, securing Government Grants can be a game-changer for companies looking to scale, innovate, and expand. Each year, both federal and provincial governments in Canada allocate billions of dollars through non-repayable grants and interest-free loans to bolster the growth of Canadian businesses. These funds are aimed at driving economic growth and encouraging ongoing innovation across various sectors.
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Government grants are non-repayable financial contributions from federal, provincial, or territorial governments aimed at supporting business activities aligned with public policy goals. Unlike loans or tax credits, these grants often come with specific eligibility requirements. They can fund a variety of initiatives, including R&D, market expansion, and job creation, helping businesses mitigate the financial risks of growth and innovation.
Below, we provide an overview of some of the most impactful grants available, including their purpose, eligibility criteria, and the benefits they offer.
Part of the Sustainable Canadian Agricultural Partnership, this program funds innovative agricultural research projects.
Funding: Covers up to 50% of eligible costs, with a maximum of $5M per project and $10M per organization.
Supports the growth and modernization of BC’s manufacturing sector.
Eligible Sectors: Forestry, aerospace, agritech, metals, biomanufacturing, and more.
Designed to Help SMEs explore and expand into international markets, covering costs like marketing and trade shows.
Funding: Covers up to 50% of eligible costs, with budgets ranging from $20,000 to $100,000.
Supports cleantech projects in three phases:
Eligible Expenses: Salaries, R&D, equipment, and more.
Funding: Covers up to 40% of eligible project costs.
Supports large-scale R&D and technology development projects that drive innovation in Canada:
Funding: Up to 50% of eligible costs, with a minimum project cost of $20M.
Focuses on establishing R&D partnerships with foreign companies.
Funding: Covers up to 75% of eligible project costs, with a maximum of $75,000 per project.
This sector is frequently supported by government grants aimed at promoting sustainable energy solutions like solar, wind, and geothermal technologies. The focus on reducing greenhouse gas emissions makes this industry a priority for funding.
This industry receives substantial government funding for projects that enhance competitiveness, promote technological adoption, and facilitate research and development efforts. Manufacturing is a key driver of the economy, which contributes to its high success rate in securing grants.
Given the critical importance of health innovations, grants are often allocated to research and development in medical technologies, drug discovery, and clinical trials. This sector has a strong track record of securing government grants support due to its societal impact.
The agricultural technology sector, which focuses on improving efficiency and sustainability in food production, is another area with significant government funding opportunities. This sector’s emphasis on innovation in agriculture aligns with government priorities for food security and sustainability.
The tech sector, encompassing areas such as artificial intelligence, cybersecurity, and software development, benefits from numerous grant programs designed to foster innovation and technological advancement.
Companies developing technologies aimed at environmental sustainability, such as waste management and renewable resource management, are often successful in obtaining grants due to the increasing emphasis on combating climate change. These industries are prioritized for government grants due to their potential to drive innovation, create jobs, and address pressing societal challenges.
The food processing industry has a high success rate in securing government grants, reflecting its critical role in the economy and food supply chain.
Our Leyton’s consultants utilize extensive databases and networks to identify government grants that align with our client’s specific business needs and objectives
Once potential grants are identified, Our experts conduct a detailed eligibility assessment.
Leyton assists clients in crafting strong grant applications that stand out
Leyton’s team works to ensure clients receive the maximum possible funding
There are typically two ways to apply for government grants:
Prepare and submit a detailed proposal outlining your project and budget.
Qualify for funding before starting the project by presenting a well-defined plan.
All you need to know about Government Grants
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Government grants are financial incentives provided by federal, provincial, and municipal governments to support businesses in various industries. These grants help fund ongoing research and development (R&D) projects, cover salaries, and support marketing activities, serving as a valuable resource for organizations seeking capital to drive innovation and growth.
Government grants are available for businesses of all sizes, including startups, small and medium-sized enterprises (SMEs), and large corporations. Eligibility criteria vary depending on the specific grant program but may consider factors such as business type, size, industry, location, and alignment with the grant’s objectives.
Yes, businesses can apply for multiple grants as long as the projects meet the requirements of each program.
You can reapply or explore other funding opportunities. Our Leyton experts can help you improve your application for better chances of success.
Talk to a specialist arrow_outward arrow_outwardWhat types of government grants are available?
Some of the most well-known government grant programs include:
•Agri-Science Program: is part of the Sustainable Canadian Agricultural Partnership (SCAP). It supports innovative agricultural research projects that address climate change, economic growth, and sustainability in the agriculture sector. Eligible projects can receive funding covering up to 50% of costs, helping businesses drive innovation and improve resilience in the agricultural industry.
•CanExport SME: Helps SMEs establish their presence in high-priority markets where they currently have limited or no sales.
•CanExport Innovation: Provides funding for projects that focus on establishing new partnerships with eligible foreign partners for collaborative R&D or investment agreements.
•Sustainable Development Technology Canada (SDTC): Funds Canadian cleantech projects and guides companies in bringing their innovative technologies to market.
•Strategic Innovation Fund (SIF): Supports innovative Canadian businesses that boost Canada’s global competitiveness, providing financial support for R&D, product development, and collaborations.
•BC Manufacturing Job Grants: aims to boost the manufacturing sector in British Columbia by funding projects that promote innovation, modernization, and job creation. With two streams available, businesses can receive up to 50% of project costs for initiatives such as capital investments and expanding operations, with funding ranging from $50,000 to $10M.
The timeline varies, but it typically takes several weeks to a few months.
To stay informed about available government grants:
•Subscribe to our newsletter Fundhub to – receive the latest news about grant openings and eligibility requirements.
• Contact our grants experts to enhance your knowledge and increase your chances of success.
Contact us to get started on your grant application process and secure the financial support your business needs.