Alberta Indigenous Opportunities Corporation — Loan Guarantees
AIOC Indigenous loan guarantees help Indigenous Nations and groups access capital that might otherwise not be available to them.
This empowers Indigenous Nations and groups to become significant investment partners in medium to large-scale revenue-generating projects involving new or existing assets.
Offered by Alberta Indigenous Opportunities Corporation
Amount
Loan guarantee covering a percentage of the loan set at the sole and absolute discretion of AIOC; AIOC has up to $3 billion in capacity to support these loan guarantees
Quick eligibility check
Who can apply
The AIOC loan guarantee program is exclusively available to Indigenous Nations and groups and Nation-owned or community-owned business entities administered by an elected Council.
To qualify for AIOC support, the opportunity must satisfy the following criteria:
- The applicant(s) must be an eligible Indigenous group.
- The investment opportunity must fall under one of the following sectors:
- Natural resources
- Agriculture
- Telecommunications
- Transportation
- Tourism
- Healthcare
- Technology
- The investment value of the Indigenous group Investment must fall between $20M to $250 million.
- The investment opportunity must demonstrate a benefit back to Alberta
- The opportunity must ensure a high probability of meaningful cashflow to Indigenous investors.
All loan guarantee applications are reviewed on a case-by-case basis. Projects are evaluated according to the following key criteria:
Investments must be commercially viable and applicants must be able to service the debt.
Indigenous partners must receive economic benefits from the partnership.
Industry and/or investment partners must have significant skills and expertise and be high-quality operators in their field.
About the funding
AIOC manages a loan guarantee pool totalling $3 billion. The range for the loan guarantee we offer is a minimum $20 million to a maximum $250 million for projects in the natural resources, agriculture, telecommunication, transportation and tourism sectors.
Similar programs
| Program | Type | Amount | Status |
|---|---|---|---|
| Advance Payments Program | Loan Guarantee, Loan | Up to $1,000,000 | Open |
| Canada Small Business Financing Program (CSBFP) | Loan, Loan Guarantee | Maximum loan amount of $1.15 million per borrower: up to $1,000,000 for term loans (no more than $500,000 for leasehold improvements and equipment, of which a maximum of $150,000 for intangible assets and working capital costs) and up to $150,000 for lines of credit | Open |
| EDC Buyer Financing | Loan, Loan Guarantee | Up to $10 million in financing through a financial partner | Open |
| EDC Direct lending | Loan, Loan Guarantee | Direct loans that typically start at $1 million, structured to match your business needs, priced in line with commercial market rates | Open |
