If you are planning to develop an application in Flash and make it available for some mobile devices  (e.g. cellphones, Blackberry), you might try and apply for this grant sponsored by Adobe: http://www.openscreenproject.org/developers/get_started.html

There is also C3 Ontario program for postsecondary graduates in digital media (DATA members, OCAD and UOIT students): http://c3ontario.com/documents/StartaBusiness_Program_Guidelines.pdf