Government Grant Finance

Fundsquire provides capital to startups globally, and is an expert in supplying Government Grant and Receivables Finance for businesses. Our mission is to empower entrepreneurs by providing sources of non-dilutive capital for growth.

Through Fundsquire’s Government Grant and Receivables Finance, companies can access their eligible grant capital or individual tranches several months in advance.

What is Government Grant Finance?

As part of Canada’s growth plan, there is close to $101 billion over three years in proposed investments. Fundsquire Government Grant and Receivables Finance is a simple way to use your future grant payments to fuel your current milestones today. In addition, should you require to match a receivable amount, we can fund your initial contribution.

Unique to this type of funding, Fundsquire does not require proof of profit or revenue to support the loan as repayments are made through the grant funding.

Most national & provincial government approved grants are eligible.

With a minimum loan size of $40k, we can provide access to up to 80% of the next milestone, today.

Get access to capital is as little as 5 days of getting started with Fundsquire.

No personal or director guarantees, with founder-friendly and safe terms.

Key Benefits of Fundsquire Government Grant Finance

Strengthens the grant application prior to approval by showing ability to match funding
Reduces the amount of funding a company needs to provide before grant approval
Helps businesses get funding for the next milestone before the current one is completed
Shortens the time between delivering the milestones and waiting for the grant payment
Provides non-dilutive capital, so a company does not need to lose valuable equity or assets
Repayments to be made only once the company receives the government remittance

Popular National and Provincial Level Grants

The Canadian governments provides several grants to businesses. Here’s a look at some of the popular.

National

Scientific Research and Experimental Development Tax Credit Program (SR&ED)

Strategic Innovation Fund (SIF)

CanExport Program

Canada Job Grant (CJG)

CME Technology Assessment Program (TAP)

Innovative Solutions Canada

Industrial Research Assistance Program (IRAP)

 

Provincial

Alberta: Alberta Innovates R&D Associates Program

BC: Coast Funds

Manitoba: First Peoples Economic Growth

New Brunswick: Enabling Agricultural Research and Innovation

Nova Scotia: Innovation Rebate Program

Ontario: SmartStart Seed Fund

Prince Edward Island: Product and Market Development Program

Quebec: SME in Action

Saskatchewan: Product2Market

Northwest Territories: Business Development Project Fund

Nunavut: Small Business Support Program

Yukon: Economic Development Fund