This program is currently between intakes. Annual intake, typically April–May. The 2026 intake closed May 19, 2026. Confirm on the official site ↗
Updated June 2026 · Verified against American Express Canada / DMZ at Toronto Metropolitan University guidelines
✓ First-Timer Friendly Lump Sum
Grant Private Between Intakes

Amex Backing Canadian Small Businesses Grant

American Express Canada / DMZ at Toronto Metropolitan University
Maximum Funding
$10,000 per business; 100 businesses funded per annual intake
2026 cycle closed May 19, 2026. Next intake expected ~April–May 2027.
Visit Official Program →
Difficulty
Easy
Payment
Lump Sum
Trend
Stable
First-Timers
Friendly ✓
Co-Funding
Varies
Amex Backing Canadian Small Businesses Grant provides up to $10,000 per business; 100 businesses funded per annual intake. Funded by American Express Canada and administered by DMZ at Toronto Metropolitan University, this annual program provides $10,000 grants to 100 independent Canadian small businesses. Applications are accepted 2026 cycle closed May 19, 2026. Next intake expected ~April–May 2027.. Approval odds: ~1–3% (GrantCompass analysis)
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Eligibility & Details

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Program Description

Funded by American Express Canada and administered by DMZ at Toronto Metropolitan University, this annual program provides $10,000 grants to 100 independent Canadian small businesses. The 2026 intake is open until May 19, 2026, with priority given to businesses demonstrating community reach and clear articulation of how the grant will impact growth. Recipients also gain access to a 12-week virtual mentorship program covering sales, marketing, operations, and leadership. The program targets existing businesses (operating since January 1, 2026 or earlier) with annual 2025 revenue under $1.5M CAD, making it broadly accessible to micro and small businesses across Canada.

Eligibility Requirements

  • Must be a Canadian citizen, permanent resident, or have valid work authorization in Canada
  • Must be at least 18 years old
  • Must own an independent (non-franchise) business incorporated in Canada
  • Business must have been operating since January 1, 2026 or earlier
  • Annual 2025 revenue must be under $1.5M CAD
  • Business must conduct operations in English or French
  • Government agencies, non-profits, franchises not founded in Canada, and businesses engaged in illegal activity are not eligible
Provinces
Industries
All
Business Stage
Startup Growth

Quick Assessment

Difficulty
Easy
Competition
High
First-Timer
Friendly

Funding Details

Amount
$10,000 per business; 100 businesses funded per annual intake
Type
Grant
Level
Private
Deadline
2026 cycle closed May 19, 2026. Next intake expected ~April–May 2027.

Program Scorecard

Competition, effort, and approval at a glance

Competition
High
Deadline
Between Intakes
Approval
Moderate
Approval Rate
~1–3%
Accessibility
--/5
Competition
--/5
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How to Win

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Insider Tip

The selection criteria heavily weight 'community reach and significance' — this is the differentiator that sets winning applications apart from generic business applications.

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Success Profile

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Evaluation Criteria

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Application Playbook

Step-by-step process, required documents, and expenses

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Application Steps

1 Review eligibility For the 2027 cycle, confirm your business is incorporated in Canada and was operating since at least January 1, 2027 (or the equivalent eligibility date when announced). 2026 eligibility required operation since January 1, 2026 with 2025 revenue under $1.5M CAD.

Required Documents 6

Completed online application form at dmz.torontomu.ca/amexbackingsmall
Business registration or incorporation documents

Eligible Expenses 8

Ineligible Expenses 5

Intake Periods

Deadline Notes

Ineligible Organizations

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Funding Stack Strategy

Compatible programs, clawback risk, and combined funding potential

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Compatible Programs

Canada Small Business Financing Program (CSBFP) BDC Small Business Loan Provincial small business grants (e.g., Ontario Small Business Support Grant)
Combined Funding Potential See your total funding potential

Clawback Risk

Low Risk

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How Amex Backing Canadian Small Businesses Grant Compares

Side-by-side with similar programs

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Program Amount Difficulty Payment Deadline
Amex Backing Canadian Small Businesse... $10,000 per business Easy Lump Sum 2026 cycle closed May...
Canada Small Business Financing Program Up to $1.15 million Easy Mixed (Advance + Reimb.) Ongoing
BDC Small Business Loan Up to $350,000 Easy Advance Payment Ongoing

Related Programs

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Frequently Asked Questions

Quick answers to the questions founders most often ask about Amex Backing Canadian Small Businesses Grant

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Can sole proprietors apply?
No. Must be incorporated in Canada. Sole proprietors must register as a corporation to qualify. Business incorporation is mandatory for all applicants.
What's the typical award amount?
A flat $10,000 for all 100 recipients — no variation. There are no larger prizes or runner-up amounts in the 2026 program structure.
How long does approval take?
Applications reviewed mid-to-late June 2026. Grants distributed approximately six weeks after submission. Total timeline from application to funds: ~8 weeks post-deadline.
Why do applications fail?
Franchises, businesses not incorporated in Canada, or revenue over $1.5M CAD are rejected at intake. Weak applications lack specific plans for using the $10K — vague 'general operating' responses score poorly.
Can I stack this with other grants?
Yes. Compatible with CSBFP, BDC loans, and provincial grants. The $10K can be combined with CSBFP for equipment or BDC loans as partial equity.

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