Indigenous Financial Institution

Apeetogosan Full-Time Program / MEAP

Loan + Métis Entrepreneur Assistance Program grant

MixedActiveAlberta

At a glance

AdministratorApeetogosan (Métis) Development Inc.
Maximum amountProject costs $20,000–$330,000
Funding typeLoan + Métis Entrepreneur Assistance Program grant
IntakeYear-round subject to budget
Decision timelineNot publicly guaranteed; ask administrator

Who it may support

Métis, Inuit and non-status entrepreneurs; program-specific eligibility

Indigenous eligibility

Business normally at least 51% owned/controlled by eligible Métis entrepreneur

Eligible uses

Capital, eligible working capital and approved business costs

Business stage

Full-time start-up or expansion

What to prepare

Application form; Indigenous identity/ownership evidence; business plan; project budget and quotes; 2–3 year financial statements or opening balance sheet; 12–24 month cash-flow forecast; personal net-worth statement for owners/guarantors; incorporation/registration documents; ownership chart; résumés; financing confirmations; permits/leases as applicable

Application process

Confirm fit with program officer; complete intake/application; submit documents and financing plan; respond to due diligence; receive approval/conditions; sign agreement; claim/disburse funds and report

Financial considerations

Owner equity: 10%–35%

Collateral and credit: Sufficient collateral; industry experience; viability

Stacking: Usually permitted subject to total government-assistance limits; disclose all sources

This directory summarizes public program information for discovery and is not financial advice or a determination of eligibility. Programs and budgets can change without notice.