FUEL AWARDS

Young entrepreneurs in Canada have access to financing in the form of grants and loans by banks, non-government organizations and associations, and under government programs... Grants are offered by different entities in Canada, among which the Impact Canada Challenge Hub, Strategic Innovation Fund, and Quantum Leap. SMEs are offered grants under the Quantum Leap pharma-led funding program, and the main focus is on research and drug development. Eligible costs include laboratory and material supplies and benefits and salaries paid to students, postdoctoral fellows, and professional and technical assistants. CanExport offers grants to businesses with a focus on external market development and reimburses up to 75 percent of all project costs. Businesses operating across industry sectors are eligible provided that they have annual revenues between $100,000 and $100 million and up to 500 full-time employees. Only limited liability partnerships and incorporated legal entities qualify for..