Setup A Small Business In Canada

Laurentian Bank of Canada, Mouvement des caisses Desjardins, National Bank of Canada, Royal Bank of Canada, Scotiabank, TD Canada Trust.

Note: Agri-Food Canada has a similar program for the farming industry.

Canadian Youth Business Foundation:

– It is a national charity that provides young entrepreneurs.

– Young entrepreneurs from 18 to 34 may get upto ,000 as a start up capital, with flexible three to five year repayment schedules.

– 2-year mentoring program need to be attended where you are matched up with dedicated business mentors or business professionals.

Business Development Bank of Canada (BDC):

– It is a financial institution wholly owned by the Government of Canada. BDC plays a vital role in delivering financial and consulting services to Canadian small and medium-sized businesses.

– Co-Vision loan can be up to 0,000, which can be repaid over 6 years. If needed, entrepreneurs can postpone principal payments for 12 months.

– Co-Vision specifically targets businesses in the manufacturing, distribution, services and tourism sectors.

– Projects such as working capital, acquisitions, fixed assets, marketing and start-up costs, or the purchase