Small Businesses in Canada are a cornerstone of the economy representing over 98% of all businesses. Small businesses provide an immense amount of value and substantially impact the Canadian economy as a whole. Small businesses are not just entities that sell products or services, instead, they are centers of innovation, creativity, entrepreneurship, and employment.
Small businesses are significant job creators in Canada, providing employment opportunities to millions of Canadians. In 2021, over 67% (8.2 million) of all private-sector jobs in Canada were created by small businesses. By providing diverse employment opportunities, small businesses assist in reducing unemployment rates and support the overall growth of the workforce in Canada. They are an essential source of innovation in Canada as they often operate in niche markets and develop unique solutions to the burning problems in the market.
The Canadian government recognizes the important role that small businesses play in the economy. Therefore, the government offers various funding opportunities, tax incentives, and grants for small businesses including the Canada Emergency Business Account (CEBA), Canada Emergency Wage Subsidy (CEWS), the Regional Relief and Recovery Fund (RRRF), Scientific Research and Experimental Development (SR&ED), Canada Small Business Financing Program, Ontario Small Business Relief Grant and more. The unwavering support by the Canadian government demonstrates that small businesses are their priority, and their success is crucial to a strong and prosperous Canadian economy. By providing financial and non-financial assistance, the government is helping to create an enabling environment for small businesses in Canada.
How the Startup Visa Services team helps
Startup Visa Services provides a wide range of services to the clients of immigration professionals including support in areas such as business scaling, procurement of funding, loans, subsidies, and so forth. Our team also helps businesses explore factoring as an alternative financing option, which involves borrowing against a future income or outstanding invoices. We have a vast network of both local and international investors to provide our clients with access to an extensive pool of potential funding sources.
When it comes to securing funding, or an investment, having a compelling pitch deck is indispensable. At Startup Visa Services (SVS), we have experienced professionals from multiple fields including business, finance, marketing, graphic design, informational technology, and intellectual property to help you create a powerful and visually appealing business presentation. From preparing the PowerPoint slides to generating all necessary financial data sheets, we will ensure your presentation looks professional and impressive, making your business stand out in the eyes of investors. Our team’s experience and expertise can be a valuable asset for entrepreneurs looking to overcome the challenges of scaling their businesses and achieving sustainable growth.
Are you an immigration expert who helps entrepreneurs looking to launch or expand their businesses in Canada? Whether your client is seeking early-stage capital or venture funding, we have the expertise and resources to help them explore various funding options and secure the right investment for the business.
Feel free to contact us to learn more about how we can help businesses secure funding, investment, subsidies, and government grants.
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