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Access to Capital: Grants and Loans for Entrepreneurs in Canada

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GoVentureContributor7055
Feb 24, 2010 13:54 EDT

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http://www.canadaone.com/magazine/loan_programs.html

Access to Capital: Grants & Loans for Young Entrepreneurs in Canada
By CO Staff, Canoe.ca


Accessing capital can be a frustrating process for young entrepreneurs. Banks are low risk lenders, and quite often young entrepreneurs are not able to meet the qualifying criteria for traditional loans. As a result, governments and organizations in many provinces offer secured loans, or possibly even grants, to qualifying young entrepreneurs.

Some programs address one of the key concern when lending to young entrepreneurs - the lack of experience and business skills - as a part of their loan programs. For example, the Business Development Bank's loan program for young entrepreneurs includes a training component that the entrepreneur must pay for in order to secure a loan.

The following table lists Canadian grant and loan programs for young entrepreneurs. Click on a province or region to link directly to information on that area, or scroll through the list for an overview of what is currently available in Canada. In addition to these loans, young entrepreneurs should also investigate industry-specific grant and loan programs.


Alberta:
Manitoba:
Ontario:
Quebec:
New Brunswick:
Yukon:

Atlantic Canada:

Western Canada:

National Programs:
 
 
(For more information on each of these programs visit the link above)

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Details

Access to Capital: Grants and Loans for Young Entrepreneurs in Canada

Relevant Subject and Topic
Business and Entrepreneurship, Career and Life Skills, Personal Finance and Investment

Types
Tip or Suggestion

Features
Informative
Competitive

Format
Webpage

Copyright Owner
Canoe.ca

Most Suitable For Use By
Instructors, Facilitators, Learners, Entrepreneurs

Age Appropriateness
Adult(19+)
Youth(12-18)

Grade Appropriateness
High School, Postsecondary, Graduate, Adult General

Geographic Suitability
All or Non-Specific

Language
English

Education Standards Maps

Version History

Date Edited
Notes
Feb 24, 2010 13:54 EDT
kt

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