Canadian citizens and residents can receive many benefits from the Canadian government through the use of grants. Every year, the Canadian government saves and allots billions of dollars for the funding of government grants to students and businesses. This financial assistance is inline with the government’s purpose of boosting the country’s economic growth. One advantage of applying for government grants in Canada is the imposition of less tedious requirements. Financial background is not as pertinent as in private financing.
Search online for the grants available in your province or territory. Look for the Canadian Assistance Programs Directory (See Resources), and select the kind of student aid that you need, based on your family income.
Secure an application form by requesting one from your school or from the provincial or territorial student financial assistance office.
Follow the instructions carefully in the application form. Fill out the application form by stating only true and correct information. Submit the application form to the financial aid department of your province or territory. Send it either online or by mail.
Wait to receive a Letter of Assessment. This contains the confirmation and the list of grants that you are qualified to apply for.
Review and check the Certificate of Eligibility enclosed with the Letter of Assessment. This will tell you how much money is granted to you by the government.
Ask your institution to confirm your enrollment. Review your Certificate of Eligibility, and sign it.
Submit your completed Certificate of Eligibility to a specified Canada Post outlet.
Wait for your financial assistance, which will be sent to you either by check or by deposit to your bank account.
Develop an outline of your project.
Search the different government grants online that may be applicable to your business. Different businesses have different requirements in selected provinces within Canada. If you plan to apply for a grant as a small business, determine the requirements and reasons for applying for this grant. Government grants can be used for refinancing the business, business relocation, business demographic research, starting an import or export section of the business, and employment benefits.
Identify whether the programs offered by a particular department are similar to your business needs. For example, government grants for small businesses are always free. Check a program such as the Grants to Small Business Program, and look for the qualifications of the small businesses that received grants through this program. Compare their qualifications to yours. If the comparison is close, you may inquire into this kind of program and prepare all the necessary documents.
Inquire from the Federal Economic Development Organization (see Resources) in your region. Ask about how to process your government grant and the organizations where you will need certification from. You can find the right economic development agency in your province by searching it in the online directory.
Check the requirements for the grant. Secure and completely fill out the application form without blanks. Prepare for your grant proposal, and submit it on time.