Grant advance
funding
Through Fundsquire Grant Advance funding, companies that are leveraging government grant programs can access their future, eligible grant capital several months in advance. Also known as grant-based funding, this strategy allows businesses to complete grant milestones, retain equity, and maintain project timelines.
With this funding solution, our goal is to empower entrepreneurs and accelerate their growth through straightforward, quick, frictionless, and personalized non-dilutive funding solutions.
What is Grant Advance?
As part of Canada’s growth plan, there is close to $101 billion over three years in proposed investments. Fundsquire Grant Advance funding is a simple way to use your future grant payments to fuel your current milestones today.
Unique to this type of funding, Fundsquire does not require revenue or proof of profit to support the loan, as repayments are made through the grant itself.
Most national & provincial government grants are eligible.
The business would have to have already been approved for the grant and has documentation from the grant body.
With a minimum loan size of $40k, we can provide access to up to 90% of the next milestone, today.
Get access to capital is as little as 5 days of getting started with Fundsquire.
Repayment made to Fundsquire using the grant payment from the grant body.
No personal or director guarantees, with founder-friendly and safe terms.
Key Benefits of Fundsquire Grant Advance
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
Learn about other top grant programs in Canada, how they work and who can apply, here.