Best Small Business Grants for Newcomers in Canada 2025
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| Futurpreneur Canada Loan | Up to $75,000 | Entrepreneurs 18–39; newcomers eligible |
| CSBFP Loan | Up to $1.15M | Small businesses; equipment/real estate |
| CanExport SMEs | Up to $100,000 | Businesses expanding internationally |
| IRAP (NRC) | Up to $50,000+ | Tech/innovation businesses |
| Women Entrepreneurship Strategy | Up to $100,000 | Women-owned businesses |
Provincial Grants
- Ontario: Starter Company Plus – Up to $5,000 grant + training
- Ontario: Summer Company – For youth entrepreneurs; up to $3,000
- BC: StrongerBC Future Ready – Skills and business development grants
- Alberta: Alberta Innovates – Tech startup funding
- Nova Scotia: Start-Up Voucher – Up to $25,000 for early-stage businesses
Tips for Winning Grants
- Apply early — many programs are first-come, first-served
- Use BizPal (bizpal.ca) to find all required licences and grants for your business
- Work with a BDC Business Advisor (free) to strengthen your application
- Engage with your local CFDC (Community Futures Development Corporation) for rural funding
Frequently Asked Questions
Are there business grants specifically for immigrant entrepreneurs in Canada?
While most grants don't specifically require immigrant status, newcomers are eligible for most small business grants. Organizations like Futurpreneur Canada and many provincial programs actively support newcomer entrepreneurs. Some communities also have grants specifically targeting visible minority business owners.