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16909125 No.16909125 [Reply] [Original]

Small business manufacturing Grants... Does anyone know anything about acquiring these? Any good lenders or government programs? I have a small business that is over a year old and selling an original product(s) internationally. I need to scale but to do so requires more capital investment/investors. I will have less than 4 employees/contractors in 2020 but cannot do this out of pocket.

>> No.16909282

>>16909125
>Manufacturing Grants in Canada

Are you White? If yes don't bother or be prepared to explain how you're 1/16th Chug

>> No.16909358

>>16909282
i am white, 2nd gen canadian

how do other manufactures get grants?

>> No.16909397

>>16909358
just start googling nigga. make a few in the dark phone calls. surely the gov will have rakesh on the other end ready to explain to you how to get a grant while he drops a fresh shit on the street

>> No.16909474
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16909474

>>16909397
i've tried googling canadian grants, theres many sites but they all want my shekels. is there a strait forward way for someone with proof of concept to get financial lending?

>mfw canada doesnt invest in small business manufacturing anymore

>> No.16909573

>>16909125
Depends on what province, if you are in Quebec should be really easy. If you are in Alberta good fucking luck.

>> No.16909663

>>16909573
In BC but would consider moving to Quebec if thats what it takes. FML I don't like snow

>> No.16909667

>>16909474
Looks like there's some government resources for finding what you're eligible for https://www.canada.ca/en/services/business/grants.html
and this seems pretty helpful:
https://innovation.ised-isde.canada.ca/s/?language=en

>> No.16909816

>>16909667
thank you.
I have actually skimmed this site a few months ago, but it seems unless you are a tech company or a non-profit there are little options. although i haven't explored all options yet.

my product is a redesign/improvement of an older established product...

it promotes mental health and can be used as therapeutic tool.

FML i should have developed an APP

>> No.16909854

>>16909816
Bongs which double as dildoes?

>> No.16909902
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16909902

>>16909854
no but....

>> No.16909910
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16909910

>>16909125
you need investors, op. find somebody good and they are much better than a (((bank))). finding a good backer/investor is tough though. don't make anybody a partner or owner. your best bet is somebody that can just loan the cash at an agreed upon rate. start talking to real estate investors. go to local meetings and such.
t. owner financing over $800k in real estate right now.

>> No.16910006
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16910006

>>16909910
thanks.
so your saying real-estate investors may be interested in a product that has nothing to do with real-estate?

this would be applicable to any rich business people correct?

fuck i need rich friends

>> No.16910031

>>16909816
I went through and assumed not incorporated and there was 3 funding options which weren't suitable, so I changed to incorporated and found a few potential ones..
https://www.ic.gc.ca/eic/site/125.nsf/eng/home
or if you don't mind hiring a student
https://nrc.canada.ca/en/support-technology-innovation/nrc-irap-funding-hire-young-graduates

There's a some potential tax credits too:
https://www2.gov.bc.ca/gov/content/employment-business/investment-capital/venture-capital-programs/eligible-business-corporation/tax-credits

and loans:
https://www.bdc.ca/en/financing/business-loans/pages/small-business-loan.aspx

Honestly government funding is so fucking gay, all the requirements for most shit is retarded, they're giving millions to random shit tier projects to encourage "green" technology or some shit. The money could go a lot further with 100k to a few dozen small business startups in any reasonable industry.

>> No.16910042

>>16910031
yo sick!
i am incorporated though...
i will give these a look, thank you!

>> No.16910059

>>16910042
Yeah I worded that weirdly, those are the results that came up for incorporated.

>> No.16910108

>>16910059
thanks anon,
I'm going to look into all these and if they don't work out I'm going to have to just start a glory hole pop-up and crush it for 6 months to make the capital myself...

>start a business they said - it would be fun they said

>> No.16910160

>>16910108
I hope it doesn't come to that, maybe you can work with credit cards or unsecured line of credit, paying them off before interest accrues as you get more sales.
Good luck anon, I hope you do well in your business and have many white babies.

>> No.16910195

>>16910160
thank you, i hope it doesnt come to that either...
i will do my best, and raising a family could be around the corner.