How grant financing works
There are thousands of grants in Canada ranging from hundreds of dollars for training to millions of dollars for investment. We take the time to understand your business goals and recommend which grants, subsidies or loans you qualify for and how we can finance them. It can take months, and even years to get from grant approval to the final disbursement. Venbridge provides you with the capital now so you don’t have to wait.
Combined with SR&ED, we can develop a financing package to ensure you are maximizing your government incentives and getting the amount of growth capital you need.
Benefits
- FAST: Receive funds in as little as 10 business days
- COST EFFECTIVE: There is a cost to the loan, but it is usually much less expensive than equity
- NON-DILUTIVE: Don’t lose equity to grow your business
- SIMPLE: Standard loan documentation which is easy to understand
Flexibility
- We will look at all your assets that can be funded to meet your needs
- Principle holidays
- Deferred interest
- Light covenants
Criteria
- Established company with solid performance
- Company more than 2 years old
- Minimum $200,000 grant
- Clear criteria for grant disbursement
Federal Grants & Funding Programs for Canadian Companies
Agri-Marketing Program
Build in Canada Innovation Program (BCIP)
Canada Small Business Financing Program (CSBFP)
Canadian Agricultural Adaptation Program (CAAP)
Canadian International Innovation Program (CIIP)
CanExport
Innovation Superclusters Initiative (ISI)
IRAP
MITACS
NSERC
SD Tech Fund
Strategic Innovation Fund (SIF)
Provincial Grants & Funding Programs
ONTARIO
Advancing Water Technologies (AWT) Program
Alberta-Ontario Innovation Program
Automotive Supplier Competitiveness Improvement Program
CME SMART Green Fund
Early Stage Exporters
Eastern Ontario Development Fund (EODF)
Export Market Access
Greenbelt Fund: Local Food Investment Fund
Health Technologies Fund (HTF)
IESO Conservation Fund
Investment Accelerator Fund
Northern Ontario Heritage Foundation Corporation Programs
OCE Customer Demonstration Program
OCE Market Readiness Program
Ontario Exporters Fund
Ontario Scale-Up Vouchers Program
Ontario business research institute tax credit
Southwestern Ontario Development Fund (SWODF)
OTHER PROVINCES
Western Innovation Initiative – British Columbia, Alberta, Saskatchewan, or Manitoba
Accelerating Innovations Into Care – Alberta
Alberta Export Support Fund – Alberta
Alberta-Ontario Innovation Program – Alberta
Industry Commercialization Associates Program – Alberta
Industry R&D Associates Program – Alberta
Product Demonstration Program – Alberta
Fisheries Loan Guarantee Program – Newfoundland
Business Investment Fund – Newfoundland
Film and video tax credit – Newfoundland
Regional Development Fund – Newfoundland
Investment Attraction Fund – Newfoundland
Commercialization Support for Business Program (CSBP) – Manitoba
Manitoba Industrial Opportunities Program (MIOP) – Manitoba
Manufacturing & Processing Investment Tax Credit – Saskatchewan