Funding for Small Businesses

Did you know?

97.9% of Canadian businesses have between 1-99 employees according to the latest 2019 report released by Innovation, Science and Economic Development Canada.

Take a look at the various incentives, grants and subsidies that you can access so you can hire talent for your team.

Amount:

Up to $1000/month to hire a Dhillon School of Business Co-op Student in your organization for 4 or 8 months.

Who can apply (eligibility):

Family and small business employers in Lethbridge and Southern Alberta

How to apply:

Visit the Dhillon School of Business website to complete the application.

Application deadline:

  • Feb. 28 for Summer (May–Aug.) co-op positions
  • June 30 for Fall (Sept.–Dec.) co-op positions
  • Oct. 31 for Spring (Jan.–April) co-op positions

Available in British Columbia, Alberta, Saskatchewan, and Manitoba

Amount:

Up to 100% of approved project costs

Who can apply (eligibility):

Your project must support one of the following two priority areas:

  1. Cluster Growth, within one of the following priority sectors:
    • Clean Technology
    • Clean Resources
    • Life Sciences
    • Value-added Agriculture
    • Advanced Manufacturing
    • Digital Technology
  2. Inclusiveness, with respect to one of the following under-represented groups:
    • Indigenous Peoples
    • Women
    • Youth

How to apply:

Contact the regional office on website.

Application deadline:

Applications are accepted on an ongoing basis until funds run out for the year.

 

Indigenous and Northern Affairs Canada

Amount:

Funding maximums are up to $99,999 for Aboriginal individuals and incorporated businesses and up to $250,000 for community owned businesses.

Who can apply (eligibility):

Clients must be individuals of Canadian Aboriginal heritage — Status or Non-status Indian (on or off-reserve), Métis or Inuit — or a majority-owned Aboriginal business, or an Aboriginal community and/or development corporation

To be eligible for support, clients should also be involved full-time with the proposed business in a management capacity and must be able to provide some level of cash equity to support the project

Eligible Expenses:

  • Business planning
  • Establishment (capital) costs
  • Business acquisitions
  • Business expansions
  • Marketing initiatives that are local, domestic, or export oriented
  • New product or process development
  • Adding technology to improve operations and competitiveness
  • Operating costs in association with capital costs
  • Financial services, business support, business-related training, and mentoring services

How to apply:

Visit the website to complete the application

Application deadline:

Ongoing. Speak with regional Aboriginal Financial Institution (AFI) before applying.

Contact

Email: office@apeetogosan.ab.ca