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Financing a Business

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Make sure you know how much investment it will take to start and run your business until you reach your break-even point—the point when your sales revenue equals your total expenses.

You may need to secure financing before you start your business.

Types of financing

  • Equity Investment: An investor makes money available for use in exchange for an ownership share in the business.
  • Personal Savings: You choose to fund your business from your personal savings.
  • Government Funding: Government grants or loans are used to start and run your business.
  • Commercial Loans: Financial institutions provide long-term and short-term loans for businesses.

Funding opportunities

  • Small Business BC outlines various federal and provincial government programs to finance your business.
  • Invest BC defines the different government incentives for various sectors.
  • Canada Business offers a search for available government loan and grant programs that help you to start, buy or expand your business.
  • Business Development Bank of Canada provides consulting advice and financial support to entrepreneurs to start a business.

Incentives from the City of Surrey

We're working with industry, government, and academic partners to create a clean energy hub to encourage clean energy companies to build and operate their business in Surrey.

To promote new investment and job creation in Surrey’s City Centre and in the Bridgeview and South Westminster areas, we've also designated Surrey's economic investment zones.

Incentives from British Columbia

BC offers many company business incentives to foster a positive business environment. In addition to having no payroll taxes, BC continues to have a competitive tax climate where corporate tax rates have been reduced by 1/3 since 2001, to 10.5 percent.


BC also supports low operating costs, where production machinery and equipment is exempt from property and sales tax. Individuals with an annual income up to $118,000 also pay the lowest provincial taxes in Canada.

Incentives for Various Sectors

  • Advantage BC: Offers attractive incentives to corporations and key staff conducting international activities from BC - 100 percent refund of BC personal income tax paid by registered specialists recruited from abroad who perform qualifying work for first 2 years.
  • Digital Film: 35 percent refundable tax credit on eligible labour costs, limited to 60 percent of total production costs.General Manufacturing - No sales tax collected on purchases of production machinery and equipment
  • Research & Development: by Knowledge Based Industry: Offers 10 percent tax reduction on eligible R&D expenditures to all corporations.
  • Mining Exploration & Production: Grass roots exploration receives a 20 percent provincial and 15 percent federal tax credit.
  • Clean Energy & Fuel Cell: BC provides a number incentives for alternative energy production, including partial abatement of property taxes, exemptions from sales tax and accelerated depreciation allowances for tax purposes.

Funding from the federal government


The Government of Canada offers grants and loans for all types of business owners.

Funding for new businesses