tag:blogger.com,1999:blog-10547970.post8467669562968088889..comments2024-03-13T01:04:34.580-04:00Comments on <b>Canadian Entrepreneur</b>: Free money?Rick Spencehttp://www.blogger.com/profile/09147840937518662183noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-10547970.post-30323975188036276142009-05-27T05:02:04.382-04:002009-05-27T05:02:04.382-04:00I don't know about Canada, but in the U.S. there a...I don't know about Canada, but in the U.S. there are grants for businesses, especially startups. I hope the entrepreneur who asked you will be able to find one there in Canada.Imeehttp://www.grants-online.com/noreply@blogger.comtag:blogger.com,1999:blog-10547970.post-6664942259623950752009-05-26T15:16:37.992-04:002009-05-26T15:16:37.992-04:00Hmmm ... grants (i.e. free, unrepayable funds) are...Hmmm ... grants (i.e. free, unrepayable funds) are typically hard to come by, although in Alberta, we have AVAC, which funds a variety of start-up ventures; the funding stream most applicable to this venture can be found here http://www.avacltd.com/funds_IVAC.htm <br /><br />Not knowing where the entrepreneur is ... there's also the Toronto Region Research Alliance http://www.trra.ca/en or Ontario's Ministry of Research and Innovation http://www.mri.gov.on.ca/english/default.asp <br /><br />I'd also try to connect with a local Regional Economic Development Alliance or Community Futures Development Corporation, as they offer business support services and, even if they are unable to fund, may provide contacts to follow up on.<br /><br />It sounds interesting ... best wishes!Jenniferhttp://www.therurbanfringe.comnoreply@blogger.comtag:blogger.com,1999:blog-10547970.post-14010499476596804252009-05-23T08:00:13.414-04:002009-05-23T08:00:13.414-04:00The one that should come immediately to mind is SR...The one that should come immediately to mind is SR&ED. Although, we all need to be vigilant of the many so-called "consultants" who will file for you in exchange for a significant share of your return. The program is not perfect, especially in that money must be spent first with the hope and anticipation that your claim could be accepted, but is a program that we should all be knowledgeable about. <br /><br />I've asked the same question myself, and am always shocked at the lack of awareness even from individuals who claim to be in the "entrepreneur advisory" space (sometimes even advisors who are in government-sponsored institutions themselves). One of the biggest challenges faced by entrepreneurs is raising money, and at the beginning we're often not looking for much. Government money at this stage could be a huge asset, and I'm certain that such programs must exist. Unfortunately, like the sasquatch or loch ness monster, many people suspect that these programs might exist, but no one has actually seen them. Shocking, and unfortunate.Anonymousnoreply@blogger.com