Government Grants & Loans

Government grants are awarded based on how well your project aligns with federal or provincial priorities. To qualify, businesses typically need to demonstrate one or more of the following:

• Job creation or retention: showing how your project supports employment.

• Innovation: investing in new technologies, processes, or products.

• Productivity and competitiveness: improving efficiency, exports, or supply chain resilience.

• Sustainability: reducing environmental impact or adopting green technologies.

Each program has its own eligibility rules (company size, industry, location, project costs). The process is competitive, therefore success depends on presenting a clear link between your project and the program’s objectives.

At Ayming, we identify the right programs for your business, position your project effectively, and manage the full application process to maximize your chances of success.

Most government grants are designed for established businesses that can demonstrate financial stability and deliver measurable economic impact. If you are an early-stage company, direct grants may be limited. However, exceptions exist for businesses with strong financial backing, high growth potential, or innovative solutions that align with government priorities.

Even if direct grants aren’t available, your company can often benefit from other funding such as tax credits, startup incentives, and innovation-focused programs.

At Ayming, we assess your development stage and guide you toward the most realistic funding path, whether that’s government grants, tax credits, or a combination of both.

Government grants provide businesses with non-repayable funding or repayable contributions to support projects that align with economic, innovation, or sustainability goals.

Most programs follow a reimbursement model, meaning businesses must incur project costs first, then claim back a portion of those expenses. Some programs allow advance payments once approved, but this requires strategic positioning of the application.

Since grants rarely cover 100% of project costs, companies are expected to co-invest. With applications being competitive, success depends on clearly showing how your project delivers impact.

At Ayming, we help structure projects to maximize eligibility, secure advance funding where possible, and manage the reimbursement process to support cash flow and compliance.

Yes, in most cases government grants are considered taxable income and must be reported in your company’s financial statements. While this adds to revenue, the related project expenses are typically deductible, which helps offset the impact.

At Ayming, we take a strategic approach to help ensure funding is received within your expected financial year. This allows you to better manage cash flow, align with budgeting cycles, and maximize the financial benefit of each grant.

Approval timelines vary widely. Some programs provide decisions in a few weeks, while others can take several months due to detailed reviews and high competition. Planning ahead is key, as funding is rarely immediate.

At Ayming, we monitor program timelines closely and guide you on when to apply so your funding aligns with your project schedule.

Yes, businesses can often apply to multiple programs simultaneously, as long as the same costs are not “double-counted.” With the right strategy, companies can combine or “stack” different funding sources across separate projects, costs, or timelines.

Ayming helps map out a comprehensive funding strategy that maximizes opportunities while ensuring compliance with government requirements.

No, it’s not mandatory to hire a consultant, businesses can apply directly. However, programs are more competitive than ever, and most receive a large volume of applications prepared by experienced consultants. To be considered, your application needs to be positioned at the highest standard.

Engaging with the right grant consultant gives your project the best chance of approval. At Ayming, we bring decades of expertise, deep program knowledge, and proven strategies to help ensure your application is competitive and stands out in a crowded field.