Non-Profit Organization

Aboriginal Business Financing Program (ABFP)

by Maurice | June 7, 2023

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 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:

1
up to 75% for development of business plans, marketing plans, feasibility studies,
2
up to 40% for establishment, expansion or acquisition,
3
up to 60% for marketing initiatives,
4
up to 90% for business support and project related management.

When It Ends:

Ongoing

Deadline:

Rolling Deadline

Eligibility:

Applicants must be:

entrepreneurs of Canadian Aboriginal status or non-status, Metis or Inuit Heritage (on or off reserve, living and operating their businesses within the Atlantic provinces,
community owned businesses,
Aboriginal financial organizations,
development corporations.

Application Steps:

Applicants must contact Ulnooweg for further details by submitting the Client Inquiry Form.

Documentation Needed:

No specific documentation has been identified

Other Things to Note:

The majority of ABFP funding goes towards small and medium-sized businesses.

Program Contact:

Aboriginal Business Financing Program - Ulnooweg

Additional Resources:

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 Opportunities

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.

Nova Scotia Small Business Loan Guarantee Program

by Maurice | June 7, 2023

Amount:

$500,000

Type of Program:

Loan Guarantee

Description:

The Small Business Loan Guarantee Program delivers better financial assistance for the start-up and expansion of small businesses in Nova Scotia by providing them loan guarantees.

Credit unions are the only financial provider to offer access to the financing program and they can provide financing up to $500,000 in the form of term loans, working capital and lines of credit . No other financing programs provide access to working capital or lines of credit to individuals who would like to start or purchase a small business and/or grow and expand an existing business.

Benefits of the NS Small Business Loan Guarantee Program:

Access to capital: The program provides financing up to $500,000 in the form of term loans, working capital and lines of credit. This can help small businesses with big ideas get the funding they need to start and grow their enterprise.
Lower interest rates: The program offers lower interest rates than traditional loans, which can help small businesses save money on interest payments.
Flexible repayment terms: The program offers flexible repayment terms, which can help small businesses manage their cash flow and repay the loan on their own terms.
No collateral required: The program does not require collateral, which can make it easier for small businesses to get the funding they need without putting up their assets as collateral.
Fast approval process: The program has a relatively fast approval process, which can help small businesses get the funding they need quickly and efficiently.

Comments on Funding:

Funding will take the form of a guaranteed loan or line of credit, subordinated debt, equity, revenue sharing or royalty agreement. A maximum investment of $500,000 will be granted to successful applicants, until the funds are all invested.

When It Ends:

Ongoing

Deadline:

Rolling Deadline

Eligibility:

Applicants must:

be start-ups and/or growth and expansions;
be not-for-profit, co-operatives or private businesses that have a positive impact on a social or environmental issue that meets a community need or maximize a community opportunity;
be registered and based in Nova Scotia;
be in good standing with the Canada Revenue Agency.

Application Steps:

Applicants must contact their local credit union branch for details.

Documentation Needed:

Applicants must submit a formal application.

Program Contact:

Small Business Loan Guarantee Program

Equity Investment Program (EIP)

by Maurice | February 6, 2023

Amount:

No Fixed Amount

Type of Program:

Investment

Description:

The Equity Investment Program (EIP) provides production assistance in the form of Equity Investment to eligible producers for the financing of productions.

Comments on Funding:

Funding is a maximum contribution of 20% of the overall costs of the project. The NLFDC’s investment is recoupable.

Equity investment will normally be subject to the following maximums:

$250,000 for dramatic series and for theatrical feature film, television feature length move (MOW),
$150,000 for documentary (single or series), children’s, other.

When It Ends:

Ongoing

Deadline:

Next deadlines to be determined

Eligibility:

The applicant must:

be incorporated Newfoundland and Labrador film and video production companies,
demonstrate that their primary focus is on the development, production and distribution of film and video products,
be at least 51% owned by a resident or residents of Newfoundland and Labrador (a person who has maintained a principal residence in Newfoundland and Labrador for at least 12 consecutive months immediately prior to the date of application to a funding program).

Application Steps:

submit an application form,

wait for the project to be assessed and to receive a notification of NLFDC decision.

Documentation Needed:

Applicant must submit:

1
a completed application form,
2
Certification and Articles of Incorporation,
3
shareholder information,
4
financial statements,
5
a Project synopsis,
6
Project intentions,
7
Shooting schedule,
8
Production staff and area of residence,
9
Treatment, outline, or screenplay,
10
Original literary property,
11
Original literary property agreement,

12
Writing agreement(s),
13
Broadcast license and/or distribution agreement,
14
Marketing and distribution plan,
15
Letters of commitment,
16
Detailed production budget,
17
Final script,
18
Cast and crew listing,
19
Principal performers listing,
20
the Key components of the project,
21
detailed production budget,
22
Recoupment schedule.

Program Contact:

Equity - Newfoundland & Labrador Film Development Corporation

Dev-Eq-form.doc

Equity Investment Program (EIP) – Development Program

by Maurice | February 6, 2023

Amount:

No Fixed Amount

Type of Program:

Loan

Description:

The Development Program element provides incorporated Newfoundland and Labrador film and video production companies a loan to support the essential process of development which takes an idea through the stages of research, writing, market analysis and costing.
Development funding is available in two phases for non-series projects as follows: Phase One for conception and development of first draft script and Phase Two for shooting script and production development.

Comments on Funding:

Phase One funding is normally up to a maximum of $15,000, up to 33% of the budget.
Phase Two funding is normally up to a maximum of $20,000, up to 33% of the budget.
A producer may apply for Phase Two development without having received Phase One development.
For series projects, the full $35,000 of funding may be accessed in one stage.

When It Ends:

Ongoing

Deadline:

Next deadlines to be determined

Eligibility:

The applicant must:

be incorporated Newfoundland and Labrador film and video production companies,
demonstrate that their primary focus is on the development, production and distribution of film and video products,
be at least 51% owned by a resident or residents of Newfoundland and Labrador (a person who has maintained a principal residence in Newfoundland and Labrador for at least 12 consecutive months immediately prior to the date of application to a funding program).

Application Steps:

submit an application form,

wait for the project to be assessed and to receive a notification of NLFDC decision.

Documentation Needed:

Applicant must submit:

1
a completed application form,
2
Certification and Articles of Incorporation,
3
shareholder information,
4
financial statements,
5
a Project synopsis,
6
Project intentions,
7
a Project schedule,
8
Production staff and area of residence,

9
Treatment, outline, or screenplay,
10
Original literary property,
11
Original literary property agreement,
12
Writing agreement(s),
13
Broadcast license and/or distribution agreement,
14
Marketing and distribution plan,
15
Letters of commitment for financing,
16
Detailed development budget.

Program Contact:

Development - Newfoundland & Labrador Film Development Corporation

Dev-Eq-form.doc

Sponsorship Program

by Maurice | February 6, 2023

Amount:

No Fixed Amount

Type of Program:

Grants

Description:

The Sponsorship Program is designed to foster and promote the development and growth of the local film and video industry participants. It provides funding to individuals, corporations, cooperatives and not-for-profit organizations (including sectoral and service organizations) whose principle activity is in the film and video industry through three distinct programs.

The Promotional Travel Sub-Program provides funds to applicants to assist with travel-related expenses to market their products globally.

The Marketing and Distribution Sub-Program provides funds to assist with marketing-related expenses to market their products or for receptions related to marketing of these products.
The Workshop Assistance Sub-Program provides assistance to develop the local skill base.

Comments on Funding:

Funding for Travel Sponsorships is a 50% reimbursement up to a maximum of $2,000.
Funding is up to $2,000 for Professional Learning Sponsorships.

When It Ends:

Ongoing

Deadline:

Rolling deadline

Eligibility:

The applicant must:

be individuals, corporations, cooperatives and not-for-profit organizations (including sectoral and service organizations),
have their principal activity in the film and video industry,
demonstrate that their primary focus is on the development, production and distribution of film and video products, if corporations, cooperatives or not-for-profit organizations,
be at least 51% owned by a resident or residents of Newfoundland and Labrador (a person who has maintained a principal residence in Newfoundland and Labrador for at least 12 consecutive months immediately prior to the date of application to a funding program), if corporations,
have been registered or incorporated in Newfoundland and Labrador for at least one year prior to application, if cooperatives or not-for-profit organizations.
be Canadian citizens or permanent residents of Canada, if individuals,
be 18 years old or older or hold post-secondary standing, if individuals,
have earned a portion of their income from their film and video activities, if individuals,
be recognized as “professional” by their peers, if individuals.

Application Steps:

Applicant must submit the application form and the supporting documents,

Applicant must submit a brief report, expense claims and corresponding receipts on related activities within 30 days of completion of the activity before the disbursement of any funds.

Documentation Needed:

Applicant must submit:

a completed application form,
a written request for funds addressed to Executive Director,
detailed budget illustrating expenses and sources of confirmed or anticipated funds and contributions.

Additional documents if applying for the Promotional Travel Sub-Program:

the applicant's Resume,
detailed information on the activity,
evidence of the invitation to or registration at the event,
a travel schedule.

Additional documents if applying for the Marketing and Distribution Sub-Program:

detailed information on the project,
schedule of activities,
a marketing and distribution plan, including objectives.

Additional documents if applying for the Workshop Assistance Sub-Program:

Resume of the resource person(s),
detailed information on the courses being offered,
curriculum plan for the course, including objectives of skills to be learned,
number of potential participants per workshop,
fees charged to participants.

Program Contact:

Sponsorship - Newfoundland & Labrador Film Development Corporation

Sponsorship-Application.docx

Non-Profit Organization

Footer

Company

Grants