No Fixed Amount
Type of Program:
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 or process development, adding technology to improve operations and competitiveness, financial services, business support, business-related training and mentoring services.
Comments on Funding:
Funding is a non-repayable business contribution as following:
- 1up to 75% for development of business plans, marketing plans, feasibility studies,
- 2up to 40% for establishment, expansion or acquisition,
- 3up to 60% for marketing initiatives,
- 4up to 90% for business support and project related management.
When It Ends:
Applicants must be:
Applicants must contact Ulnooweg for further details by submitting the Client Inquiry Form.
No specific documentation has been identified
Other Things to Note:
The majority of ABFP funding goes towards small and medium-sized businesses.
As an Indigenous entrepreneur, you have access to a range of resources to help you succeed. Here are some additional resources that can help you grow your business and take it to the next level.
Business Development Support
The Nishnawbe Aski Development Fund (NADF) provides a range of business development support services to Aboriginal entrepreneurs. These services include business planning, financial management, marketing, and more. NADF also offers a range of financing options, including the Aboriginal Business Financing Program (ABFP). For more information, visit the NADF website.
Networking is an important part of building a successful business. The National Aboriginal Capital Corporations Association (NACCA) provides networking opportunities for Aboriginal entrepreneurs through its Aboriginal Entrepreneurship Program (AEP). The AEP offers a range of services, including business planning, financing, and more. For more information, visit the NACCA website.