There are over four thousand Canadian grant programs available, all with varying funding amounts, criteria and timelines. Most grants are awarded on a first-come, first-serve basis making it critical to align your planned projects with the most lucrative programs available. Unlike tax credit incentives, grants require you to apply for funding before you incur any costs, as you must pre-qualify to receive funds. Your planned investments will be reviewed, and once approved, funding is awarded both based on merit and timing of your application.