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Aboriginal Business Financing Program (ABFP)

ByMaurice

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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General Loans

ByMaurice

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

ByMaurice

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…

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Micro Loans

ByMaurice

Amount:$5,000.00 Type of Program:Loan Description:Ulnooweg’s Micro Loan provides financing of up to $5,000 to Atlantic Aboriginal entrepreneurs who have a dream of entrepreneurship, or need help in expanding an existing business. Comments on Funding:Funding is up to $5,000.Loans are repayable over 2 years (maximum amortization period) at 8% interest.Security will be required, and a confirmation of…