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Aboriginal Business Financing Program (ABFP)

Amount:No Fixed Amount Type of Program:Grants Description:The Aboriginal Business Financing Program (ABFP), administered by Ulnooweg, offers non-repayable business contributions to individual Aboriginal entrepreneurs and community owned businesses. Some of the eligible expenses for ABDP support are: business planning, establishment and operating costs, business acquisitions and expansions, local, domestic or export oriented marketing initiatives, new product…

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Quality Improvement Assistance

This program is currently closed. Amount:$16,000 Type of Program:Grants Description:The Quality Improvement Assistance provides support to Prince Edward Island companies to hire a professional to create or improve a system for quality improvement within the company or provide a certified quality education program for management and employees.Comments on Funding:Funding is up to 40% of eligible…

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Professional Services Assistance

This program is currently closed. Amount:$1,000 Type of Program:Grants Description:The Professional Services Assistance provides a non-repayable contribution to Prince Edward Island small businesses to hire a professional for business development services.Comments on Funding:Funding is up to 50% of the cost to engage a professional business consultant to provide: business and marketing planning, not to exceed…

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General Loans

Amount:$250,000.00 Type of Program:Loan Description:Ulnooweg’s General Loans provides support to Aboriginal business owners operating and residing in Atlantic Canada and to Atlantic Canada Aboriginal organizations for new business start ups, purchase of existing businesses, expansion, working capital, refinancing and more. Comments on Funding:Funding is up to $250,000.The repayment schedules are flexible (monthly, quarterly, semi-annual, annual or…

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Youth Loans

Amount:No Fixed Amount Type of Program:Loan Description:Ulnooweg’s Youth Loans supports Aboriginal business owners operating and residing in Atlantic Canada between the ages of 18 – 35 for any business need. Comments on Funding:The first $15,000 is at a fixed interest rate of 8.5% maximum with a five year repayment term. When It Ends:Ongoing Deadline:Rolling DeadlineEligibility:The applicant…