Money may not be everything, but it is the oxygen that breathes life into startups and entrepreneurial ventures. For Canadian women entrepreneurs who endeavour to bring their business ideas and strategies to fruition, getting the funding they need to kickstart their companies can be daunting.
Although business grants and loans are available to women in Canada, determining the best option to fund your startup and whether or not you qualify can be challenging.
Every grant and loan has unique requirements and deadlines, and noteworthy differences exist between grants and loans. Either way, you’ll need various documents to qualify for a grant or loan, including a business plan and business insurance that adequately covers your liability risks.