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Questions & Answers

Posted by Jason Mills on 2013-11-21 23:36:26
Title: Is there a group of wealthy and experienced investors that give money to help new products launch? T...
Category: Money

Is there a group of wealthy and experienced investors that give money to help new products launch? They do this only to get a tax right off. No equity. Like a grant. Actually, is there some kind of grant an inventor can get in Canada?

Answer:

Katie Fillion
2013-11-25 15:40:16

Hi Jason,

You can use our Grants and Financing Tool (http://www.canadabusiness.ca/eng/program/search/) to search for government grants, loans, and financing. The tool is free and will generate a customized list of programs based on your region, your type of business, and the purpose of financing.

For example, you can search for financing to help you start a business, conduct R&D and innovate, get a patent or licence, or apply a new technology.

If you are looking for an angel investor to help finance your business, you may want to contact the National Angel Capital Organizations (https://nacocanada.com/contact/). If you live in Atlantic Canada, you can submit an application to the First Angel Network (http://www.firstangelnetwork.ca/). If you live in Ontario, you can submit an application through the Network of Angel Organizations Ontario (http://www.nao-ontario.ca/gust/).

You can also contact a business information officer by calling toll-free at 1-888-576-4444 (TTY: 1-800-457-8466).

Best of luck with your business!

Katie Fillion
Business Information Officer, Canada Business Network

www.canadabusiness.gc.ca


Jason Mills
2013-11-25 18:23:57
Followup question:
Thanks for all this great information,