Alberta Indigenous Opportunities Corporation — Capacity Support
The capacity grant program is designed to be closely aligned with AIOC’s Loan Guarantee Investment Program. AIOC has a pool of discretionary funds available to help provide access to third-party professional services, expertise and support that can build their capacity to participate in qualified project opportunities. This capacity support assists with deal development, and may include providing legal, technical and economic expertise to Indigenous communities who want to move toward being long-term strategic partners with industry and the Alberta government.
Offered by Alberta Indigenous Opportunities Corporation
Amount
No fixed amount
Quick eligibility check
Who can apply
Applicants must:
- Be an Indigenous group.
- MĂ©tis Settlements established by the MĂ©tis Settlements Act.
- Indian bands as defined by the Indian Act (Canada).
- Have received a recommendation from AIOC to apply for a capacity grant
during the Application preparation stage.
- Have received approval of their Loan Guarantee and either choose, or are
recommended by AIOC, to apply for a capacity grant to close the transaction.
About the funding
Capacity grant funding is limited to third-party, arms-length costs to be incurred by the applicant. AIOC’s responsibility is limited to the extent of the specific amounts authorized by AIOC and applicable terms and conditions. Grants will be issued on a case-by-case basis, while considering, among other things, AIOC’s available funding capacity under its budget, strategic outcomes and the breadth and depth of capacity support needed.
Similar programs
| Program | Type | Amount | Status |
|---|---|---|---|
| Poultry and Egg On-Farm Investment Program | Grant | Non-repayable contributions of up to 70% of eligible project costs (up to 85% for young producers), limited to each producer's maximum funding amount based on their share of provincial quota/production | Open |
| Aboriginal Business Investment Fund | Grant | Up to $750,000 | Open |
| Alberta Petrochemicals Incentive Program (APIP) | Grant | Grants worth 12% of a project’s eligible capital costs | Open |
| Economic Development Initiative (EDI) in the Prairie provinces | Grant | PrairiesCan is investing $3.2 million through the EDI over 5 years for projects (total programme envelope | Open |
