Q: How do I apply for a government grant or loan?

A: Each grant or loan program will have its own application process. Some applications can be quite difficult to decipher and eligibility requirements will vary. Seeking assistance from a grant writing specialist is advisable to make sure you are doing all you can to ensure accuracy and inclusion of all pertinent information.

Q: What is the difference between a grant and a loan?

A: A grant is an amount of money conditionally given to you, your business or organization which you do not have to repay. A loan from the government or chartered bank must be repaid with either low or no-interest. In some cases you are given a longer term in which to repay the loan.

Q: Can I apply for a grant or loan anytime?

A: In most cases, applications have specific due dates for submission. Often, incomplete and late applications are marked ineligible and will not be accepted. It is very important that your application is complete, signed, accurate, legible and submitted on time.

Q: What are my chances of receiving funding from the government?

A: Your chances of receiving funding will vary from program to program. The process is a competitive one and decisions are based on such factors as demand, funds available, community needs, provincial priorities and granting strategies. No one is guaranteed to receive funding, however, it is best to go through the process of applying, so you will at least have a chance.

Q: What happens if my application is declined?

A: If your application is declined it is not necessarily a negative reflection of the organization or the application material. It could be that other applications met more of the necessary criteria. Seeking the assistance of a grant writing specialist can be very helpful in the preparation of a strong proposal. In any case, applications can be improved upon and re-submitted at the next due date.

Q: What type of funding is available?

A: There are many types of funding opportunities available in various industries. Whether you are seeking business start up assistance, funding to develop your community objectives or money to enhance your artistic career, there may be something for you. Based on your needs and requirements, a grant writer can research the most appropriate sources for you.