STARTER COMPANY PLUS GRANT EXPENDITURES

 

What can I spend the grant on?

 

The grant must be spent on business expenses. It is considered taxable personal income to the government, so please be advised that it may affect any assistance you may be receiving.

 

Common expenditures:

  • Tools and equipment
  • Computers (up to $1000)
  • Raw Materials for creation of a product (maximum $2000)
  • Inventory of a product (maximum $2000)
  • PPE (max $500)
  • Marketing Print Collaterals (maximum $500)
  • Social Media and Digital Marketing (maximum $2500)
  • Business Insurance (max $500)

Ineligible expenditures:

  • Salaries
  • Rent
  • Repayment of debts, including credit card debt
  • Promotional Merchandise (mugs, bottles, bags, pens, calendars, t-shirts etc.)
  • Vehicle purchase/maintenance/insurance
  • Office Furniture
  • Purchases that would be considered personal in nature
  • Industry training, education, or memberships
  • Trade show fees
  • Leasehold improvements