Aboriginal Entrepreneurship Program: Access to Capital
$99,999.00
Grant
Description:
This program promotes entrepreneurship in Indigenous communities and seeks to increase the number of viable Indigenous-owned businesses. The program has 2 components: access to capital and business opportunities.
The Aboriginal Entrepreneurship Program: Access to Capital provides Indigenous businesses with access to non-repayable contributions of up to $99,999 for: supporting eligible business proposals and leveraging additional funds.
Comments on Funding:
Funding is up to $99,999 in the form of non-repayable contributions.
The amount of funding available for a business proposal depends on its scope and its estimated budget.
Continuous Intake
Eligibility:
Eligible recipients include:
1. First Nation and Inuit communities and their governments, including tribal councils;
2. Indigenous individuals;
3. Indigenous and non-Indigenous organizations and associations, except those with charitable or religious purposes;
4. businesses owned and controlled by Indigenous peoples;
5. Canadian owned and controlled banks, credit unions and trust companies authorized to make commercial loans and are provincially or federally regulated;
6. private equity providers;
7. provincial or federal crown corporations;
8. municipal governments;
9. labour organizations;
10 universities;
11. colleges; and
12. other learning institutions.
Eligibility varies between AFIs. Consult with your local AFI to see if you are eligible.
Application Steps:
Applicants must contact their local AFI directly or the NACCA to apply for funding.
Documentation Needed:
No specific documentation has been identified. Applicants should contact their local AFI to find out the needed documentation.
Other Things to Note:
About the author
Maurice
