MMF Entrepreneurship Initiative: Small / Home Based Business Program

By mmuise
Description:

MMF Entrepreneurship Initiative includes three financing programs that have been created to further strengthen Metis economic development and Metis entrepreneurship through increased support for small business and new business start-ups.
The Small / Home Based Business Program provides financial and training supports to small / home based businesses.


Comments on Funding:

The Small / Home-Based Business Program provides up to $25,000.00 in capital.
Funding takes the form of a non-repayable grant for up to 25% of the max. loan amount and a loan.

Loan terms and fees:
1. Flexible payment terms;
2. Terms up to 60 months;
3. Fixed rate: 8.0%;
4. Open Loan (no penalty for additional principal payments).

Deadline: Continuous Intake
Eligibility:

Applicants must:

  • be Metis entrepreneurs;
  • be Metis-owned small businesses;
  • be based in Manitoba.
Application Steps:

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Documentation Needed:

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Other Things to Note:

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About the author
mmuise