Federal

Community Opportunity Readiness Program

Non-repayable contribution

Non-repayableActive/recurringCanada-wide; regional delivery

At a glance

AdministratorIndigenous Services Canada
Maximum amountProject-specific; subject to regional budgets
Funding typeNon-repayable contribution
IntakeContact regional office; budget dependent
Decision timelineNot publicly guaranteed; ask administrator

Who it may support

First Nation and Inuit communities, organizations and community-owned businesses

Indigenous eligibility

Eligible First Nation/Inuit community entity

Eligible uses

Business planning, institutional capacity, economic infrastructure and pursuit of specific opportunities

Business stage

Opportunity readiness and community economic development

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: May be required depending on project

Collateral and credit: Viability and readiness assessment

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.