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 will need money to grow the business. Here are some resources that will help you find out if you are eligible for financing:
- Read Grants and Financing on the Canada.ca.
- The Business Development Bank of Canada (BDBC) website contains a section on Financing for young entrepreneurs. BDBC promotes entrepreneurship across the country.
- Work BC has information on funding sources and resources.
- Futurpreneur provides financing and mentorship to young entrepreneurs.