Atlantic Canada Business Grants

Ulnooweg

General Loans

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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 seasonal).

When It Ends:

Ongoing

Deadline:

Rolling Deadline

Eligibility:

Applicants must be:

  • Aboriginal business owners operating and residing in Atlantic Canada,
  • Atlantic Canada Aboriginal organizations,
  • new business startups or existing businesses.

Application Steps:

1

Applicants must contact Ulnooweg for further details.

Program Contact:

Loans - Ulnooweg

Youth Loans

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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 Deadline

Eligibility:

The applicant must be:

  • Aboriginal business owners,
  • operating and residing in Atlantic Canada,
  • between the ages of 18 – 35

Application Steps:

1

Applicants must contact Ulnooweg for further details.

Program Contact:

Loans - Ulnooweg

Micro Loans

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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 5% cash equity.

When It Ends:

Ongoing

Deadline:

Rolling Deadline

Eligibility:

The applicant must:

  • Atlantic Aboriginal entrepreneur,
  • show that the revenue/income from project is enough to support loan payments,
  • not have any collections or judgements reported in the last 12 months,
  • provide security and a confirmation of 5% cash equity.

Application Steps:

1

Applicants must contact Ulnooweg for further details.

Other Things to Note:

This particular pot of funds is limited, so it will be given to those on a first come first serve basis.

Program Contact:

Loans - Ulnooweg