Indigenous Impact Lending Fund for Indigenous Businesses and Entrepreneurs

By mmuise
Description:

Through a capital partnership with Vancity, Indigenous businesses can access up to $150,000 for business start-up, growth or expansion. ​


Comments on Funding:

The maximum loan amount is $150,000.

Loan terms and fees:
1. Loan period: up to five-years.
2. Interest Rate: 8%.

Deadline: Continuous Intake
Eligibility:

Applicants must:

  • be Stó:lō community-owned businesses, development corporations, having joint ventures with the private sector, or with another Stó:lō community(ies);
  • be Indigenous entrepreneurs with new or existing businesses in S'ólh Téméxw.
Application Steps:

-

Documentation Needed:

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Other Things to Note:

SCF's service area is S’ólh Téméxw, the Stó:lō Traditional Territory, including Fort Langley to Yale on both sides of the Fraser River. It also serves all 24 Stó:lō communities and their affiliations, and all Indigenous entrepreneurs and Stó:lō Community-owned businesses in the towns, cities, and villages within S’ólh Téméxw.

About the author
mmuise