Thanks for dropping in for some hopefully great business info and on occasion some hopefully not too sarcastic comments on the state of Business Financing in Canada and what we are doing about it ! A business grant will cover between 15% to 50% of the total costs involved in your business project so you will need to get hold of the rest of the money. If you gain a business grant when you don’t have the other half of the money available or you have already started the business project then you will be made to pay the grant back in full as you are breaking the terms of your business grant.
The lab-based PhDs aren’t nearly as bad as you make out (I have one). Its true that job prospects in Academia are pretty grim right now (even tenure-track positions rarely result in tenure). However, only a minority of lab PhDs prefer to work as professors. There are lots of jobs in industry, in government, or working for research institutes.