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Find similar grantsCanada Small Business Financing Program is sponsored by Province of British Columbia. Assists small businesses in British Columbia with financing for purchasing or improving land, buildings, equipment, and leasehold improvements.
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Canada Small Business Financing Program - Province of British Columbia Canada Small Business Financing Program Last updated on December 12, 2024 Description The Canada Small Business Financing Program is a loan program in collaboration with financial institutions.
Term loans can be used to finance these costs: Purchase or improvement of land or buildings used for commercial purposes Purchase or improvement of new or used equipment Purchase of new or existing leasehold improvements, such as renovations to a leased property by a tenant Intangible assets and working capital costs Lines of credit can be used to pay for working capital costs, like day-to-day operating expenses of the business.
The borrower and lender must negotiate an appropriate amount of financing. The maximum loan amount for a borrower is $1.
15 million: Lines of credit – Up to a maximum of $150,000 Term loans – Up to a maximum of $1,000,000: For any one borrower, and No more than $500,000 can be used for purchasing leasehold improvements or improving leased property or purchasing or improving new or used equipment, and Of that amount, a maximum of $150,000 could be used for intangible assets and working capital costs Small businesses or start-ups operating for profit in Canada, with gross annual revenues of $10 million or less are eligible.
Farming businesses are not eligible under this program. Agriculture and Agri-Food Canada has a similar program for the farming industry. For more information, visit the business eligibility section .
The Canada Small Business Financing Program (CSBFP) has been helping small businesses with their financing needs for over 50 years. Under the program, the Government of Canada makes it easier for small businesses to get loans from financial institutions by sharing the risk with the lenders. Federal business and industry info Innovation, Science and Economic Development Canada Did you find what you were looking for?
The B. C. Public Service acknowledges the territories of First Nations around B.
C. and is grateful to carry out our work on these lands. We acknowledge the rights, interests, priorities, and concerns of all Indigenous Peoples - First Nations, Métis, and Inuit - respecting and acknowledging their distinct cultures, histories, rights, laws, and governments.
Based on current listing details, eligibility includes: Small businesses or start-ups operating for profit in British Columbia, with gross annual revenues of $10 million or less. Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates Funding amounts vary based on project scope and sponsor guidance. Always verify allowable costs, matching requirements, and funding caps directly in the sponsor documentation.
The current target date is rolling deadlines or periodic funding windows. Build your timeline backwards from this date to cover registrations, approvals, attachments, and final submission checks.
Federal grant success rates typically range from 10-30%, varying by agency and program. Build a strong proposal with clear objectives, measurable outcomes, and a well-justified budget to improve your chances.
Requirements vary by sponsor, but typically include a project narrative, budget justification, organizational capability statement, and key personnel CVs. Check the official notice for the complete list of required attachments.
Yes — AI tools like Granted can help research funders, draft proposal sections, and check compliance. However, always review and customize AI-generated content to reflect your organization's unique strengths and the specific requirements of the solicitation.
Review timelines vary by funder. Federal agencies typically take 3-6 months from submission to award notification. Foundation grants may be faster, often 1-3 months. Check the program's timeline in the official solicitation for specific dates.
Many federal programs offer multi-year funding or allow competitive renewals. Check the official solicitation for continuation and renewal policies. Non-competing continuation applications are common for multi-year awards.