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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 Lending

ByMaurice

Amount:$750,000 Type of Program:Loan Description:The General Lending Program is designed to assist Indigenous Entrepreneurs succeed while staying adaptable to meet their needs. Comments on Funding:Funding is a loan up to $750,000 for individuals and $1.5 million for communities dependent on available capital, with various interest rates, over a maximum 20-year amortization. When It Ends:Ongoing Deadline:Rolling deadlineEligibility:Applicants…

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Micro Lending Program

ByMaurice

Amount:$5,000 Type of Program:Loan Description:The Micro Lending Program has limited security requirements and is easy to access for those working on smaller projects. Comments on Funding:Funding is a loan up to $5,000, at a rate of 8% over a maximum 2-year term, with a 5% cash equity recommended. When It Ends:Ongoing Deadline:Rolling deadlineEligibility:Applicants must be: Aboriginal…

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Women & Youth Lending

ByMaurice

Amount:$25,000 Type of Program:Loan Description:The Women & Youth Lending Program is flexible and designed to assist Indigenous Women and Youth Entrepreneurs to succeed and adaptable to meet their needs. Comments on Funding:Funding is a loan up to $25,000, at a rate of 8% over a maximum 5-year term, with a 5% cash equity recommended. When It…