As this year comes to an end and business owners begin planning for the year ahead, it’s important to consider grants as a part of your growth strategy.
Throughout the year, there are numerous grant programs offered at federal, provincial, and regional levels representing billions of dollars in funding. Grants offer an incredible opportunity for businesses to expand and grow, but with unclear guidelines and unpredictable intake intervals, the funding landscape in Canada can be complex. As a result, many businesses miss out on grant funding opportunities due to a lack of awareness, understanding, or confidence.
One way to improve your chances of securing government funding is to create a grant strategy that aligns with the most prominent funding program themes for the year ahead. This way, you can plan investments that are most likely to receive grant funding support. For 2023, there are four major priorities in government funding that may be relevant to your business goals:
- Environmental and green investments
- Infrastructure, equipment, and facilities upgrades
- Hiring and training
- Technological innovation
Before making investments in the areas listed above, business owners are encouraged to pause and consider which government grant programs might be available to help their investments go further. This is an important practice to adopt, as many grant funding programs require approval before eligible costs can be incurred. If you have control over the timing of your investments, in some cases, it may pay off to delay or accelerate your timelines to align with funding program intake schedules.
To solve the problem that many business owners face in determining which grant programs they may be eligible for, the GrantMatch team developed the GrantMatch Hub, a brand new, all-in-one platform that makes it easy to identify and apply for grants that fit your business. For as little as $25 per month (when you sign up for an annual subscription), you can access customized, continually updated program matches, clear program summaries, and more.
The sign-up process is simple and takes less than 5 minutes:
- Click here to create your account.
- Start by filling out some basic information about your business (sector, number of employees, revenue range, etc.).
- Choose between a monthly or annual subscription and complete checkout.
- Explore what the platform has to offer and begin reviewing curated grant program matches for your business.
- Receive new grant matches in your inbox as programs are introduced.
The GrantMatch Hub gives you the tools you need to succeed in securing funding.
Mike Janke
Managing Partner, GrantMatch
Mike, Managing Partner and Co-Founder of GrantMatch, founded Onager Solutions in 2010, one of the first grant management firms in Canada. He grew the company for 5 years before joining forces with GrantMatch (formerly Fairtax), to form the largest grants and incentives practice in Canada.
