Financing a new business is usually the toughest part. Most new businesses fail because of a lack of money to support the start up. You need to remember that it takes time to build a business and in the meantime, you need money to grow the business. Here are some resources that will help you find out if you are eligible for financing:
- The Service Canada website contains information specifically for youth and students about getting money for starting a business.
- Read Grants and Financing on the Canada Business Network website.
- The Business Development Bank of Canada (BDBC) website contains a section on Financing for starting a business. BDBC promotes entrepreneurship across the country.