At a glance
Who it may support
Red River Métis-owned small businesses
Indigenous eligibility
51%+ Red River Métis owned and controlled; citizenship evidence
Eligible uses
Approved capital, acquisition and operating costs
Business stage
Start, acquire or expand
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: Minimum 10% non-borrowed cash
Collateral and credit: Business plan, viability, credit and security review
Stacking: Usually permitted subject to total government-assistance limits; disclose all sources