Aboriginal Entrepreneurship Program: Access to Capital

By mmuise
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.

Deadline: Continuous Intake
Eligibility:

Eligible recipients include:

  • First Nation and Inuit communities and their governments, including tribal councils;
  • Indigenous individuals;
  • Indigenous and non-Indigenous organizations and associations, except those with charitable or religious purposes;
  • businesses owned and controlled by Indigenous peoples;
  • Canadian owned and controlled banks, credit unions and trust companies authorized to make commercial loans and are provincially or federally regulated;
  • private equity providers;
  • provincial or federal crown corporations;
  • municipal governments;
  • labour organizations;
    10 universities;
    1
  • colleges; and
    1
  • 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. Applicanfs should contact their local AFI to find out the needed documentation.

Other Things to Note:

Date modified:2020-02-25

About the author
mmuise