Indigenous Cannabis Business Fund (ICBF)

By mmuise
Description:

The Indigenous Cannabis Business Fund (ICBF) provides non-repayable funding contributions to First Nation Communities & businesses and Indigenous entrepreneurs in British Columbia that want to participate in and receive supports to advance economic development opportunities in the federally (production, distribution, and retail) and provincially (non-medical retail sales) regulated cannabis sector.


Comments on Funding:

1. The maximum cumulative contribution for an ICBF Grant is $250,000 per project.
2. Funding caps for specific activities under ICBF include:
- up to 75% of eligible costs for business planning costs;
- up to 75% for business advisory services and staff training;
- up to 40% of eligible costs for business capitalization (business start-up, business expansion etc).

Deadline: September 30, 2024
Eligibility:

Applicants must be:

  • BC First Nation governments, businesses and economic development corporations;
  • BC Tribal Councils;
  • BC Indigenous Corporations, partnerships, associations, co-operatives and institutions; and
  • BC Indigenous (First Nation, M├ętis, Inuit) entrepreneurs and businesses.
Application Steps:

-

Documentation Needed:

-

Other Things to Note:

Intake 2 April 3, 2023 September 30, 2023
Intake 3 April 1, 2024 September 30, 2024

About the author
mmuise