Access to Finances for Small Business

PARO Peer Circles help women to increase their capacity for economic self-reliance. Peer Circle members provide lending support by being collectively accountable and providing references for each other, allowing PARO to use different lending criteria than those of traditional banking institutions. To learn more, click here

The Northern Ontario Heritage Fund Corporation (NOHFC)

The Northern Ontario Heritage Fund Corporation is proud to be a vital component of the Northern Prosperity Plan. The Heritage Fund offers a number of funding programs that may be of assistance to you and your business.  

Community Futures Development Corporations (CFDCs)

Support community economic development by assisting Ontario’s rural and northern communities to strengthen and diversify their economies. There are 37 corporations in rural southern Ontario and 24 in Northern Ontario. To locate a CFDC in your area, click here.

Canada Business (Government of Canada)

The Canada Business site provides a comprehensive listing of government departments and agencies provide financing such as grants and contributions, subsidies and loan guarantees. Find out what government financing might be available for your business. Use the search tool or browse by type of financing. 

Futurpreneur Canada

Futurpreneur is a national charity providing start-up mentoring, financing, and business resources for young Canadians, age 18-34, to create their own successful businesses.

Nishnawbe Aski Development Fund

Nishnawbe Aski Development Fund is a non-profit Aboriginal corporation providing loans, tools and business support services to Aboriginal entrepreneurs looking to start, expand or acquire a business in remote, rural and urban communities across Northern Ontario.

Aboriginal Business Canada

Aboriginal Business Canada helps Canadian Aboriginal entrepreneurs reach their business goals by providing financial assistance, information, resource materials and referrals to other possible sources of financing or business support.

The Canadian Small Business Financial Program

The Canadian Small Business Financial Program (CSBFP) seeks to increase the availability of loans for establishing, expanding, modernizing and improving small businesses. It does this by encouraging financial institutions to make their financing available to small businesses. The program helps you secure up to $500,000 from your financial institution by backing your loan with a government guarantee.

The Business Development Bank of Canada (BDC)

The Business Development Bank of Canada provides small and medium-sized businesses with flexible financing, affordable consulting services, and venture capital. BDC supports the needs of entrepreneurs at every stage of growth.  

The Small Business Internship Program

The Small Business Internship Program provides small and medium-sized enterprises financial support to hire a post secondary student intern to assist them in their adoption of e-business strategies to increase their productivity and competitiveness.

The Ontario Arts Council (OAC)

The Ontario Arts Council's (OAC) mandate is to foster the creation and production of art for the benefit of all Ontarians. OAC offers more than fifty funding programs for Ontario-based artists and arts organizations, with funds from the Ontario government. Grants provide assistance for a specific activity, support for a period of time, or for ongoing operations. OAC also offers awards, prizes and scholarships from private funds managed by the Ontario Arts Foundation.

Canada Council for the Arts

Canada Council for the Arts is Canada's national arm's length arts funding agency. It provides grants to individual professional artists and arts organizations, endowments, prizes and is also involved in research, communication and arts promotion activities to support, promote and celebrate the arts.

Summer Company

Summer Company provides students an opportunity to create a job they love! They get the opportunity to create a business of their own and receive up to $3,000 to run it. They'll also get a mentor to guide them and gain valuable business and leadership skills along the way.

Banks and Financial Institutions


Credit Unions in Ontario

BMO Bank of Montreal

Canadian Imperial Bank of Commerce (CIBC)

Royal Bank of Canada


Toronto Dominion

Investor's Group