Sorry, I should have been more clear. It is for $15,000 loans, up to $15,000 per entrepreneur. The Business Development Bank of Canada is available to provide an additional $15,000 per entrepreneur. Those loans are on commercial terms and they are expected to be repaid. In other words, they're not grants and they're not forgivable loans per se.
On May 5th, 2010. See this statement in context.