Yes there are millions of dollars of government funding for new businesses in terms of government grants.
For further reference please check the link as this is an excellent source of information relating to grants.
Increasing government funding of research
There are number of scholarships available to international students through the University of Canterbury and the New Zealand Government. funding for 2012 by more than a
The most important issues facing the new federal government were leadership and financing. As a new government, finding the right government was a difficult task. Funding this new government was also difficult without imposing taxes and meeting resistance.
supporting new businesses anti trust legislation
A government can restrain monopoly power by imposing restrictions such as price-capping, making sure that competing businesses are supported and encouraging new businesses.
a local government
Block Grants: Block grants leave it up to the grant receiver (for example, a US State from the Federal Government) to decide what to do with the money. Categorical Grant: Categorical grants are granted to the receiver (for example, a US State from the Federal Government) for a specific project or projects. Many times these projects include interstate (road) funding, education funding, or state job funding.
subsidies
The power to create new laws concerning government funding primarily resides with Congress, which is the legislative branch of the federal government. Specifically, both the House of Representatives and the Senate must draft, debate, and pass appropriations bills to allocate federal funds. Once these bills are approved by both chambers, they are sent to the President for signature into law.
all privately owned businesses were given up to the government
a decrease in the amount of money collected
Established businesses must make way for new ideas.