Posted on July 21, 2010.
How to obtain grants from the Government of Canada The Government of Canada provides financial assistance in the form of grants to its citizens and residents for a wide range of purposes. The objective is to promote and encourage economic and cultural growth of its communities. There are business grants, scholarships, grants for women, grants for homeowners, grants for writers and artists, to name a few.
Canadian subsidies are financial awards that do not have to be repaid. It is, as long as the funds are used for specific purposes. Therefore, the grant recipient is required to use the funds according to certain criteria specified in the grant agreement.
The steps to obtain a Canadian grant are generally the same for all types of grants. This article will focus on obtaining a grant for a business.
Find out what grant programs are available.
The Government of Canada provides both federal and provincial grant programs. Government grants in Canada are budgeted each year if the amounts available vary for different programs. Grant programs are available in the provinces of Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Nova Scotia, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon. Www.loanshopcanada.com The website provides an online listing of grants, an overview of all grant programs available.
Determine what programs according to your qualifications.
Research and identify the program most similar to your business project, which will meet your goals and needs. The wizard on the site www.grants-loans.org/wizard.php may be useful.
Complete the application and other requirements.
Get the implementation of the appropriate agency. The Canadian government http://canada.gc.ca/home.htm site is a good resource for downloading applications and other contact information.
Read the application thoroughly. Complete the application accurately and include all information and documents. Obtaining grant money is very competitive, and there is no guarantee of approval. Your chances of success are increased with a strong positive proposal that is clear and concise. Some things to include in your proposal are as follows: draft nature and quality of the proposal, the level of commitment of the project, realistic possibility of success, and community benefits from the project.
Submit application to the appropriate government agency.
Make sure you submit your application before the deadline. Then, be patient and wait for a response. Response times vary, but generally you can expect a response within four months after the deadline.