At a glance
Who it may support
Indigenous entrepreneurs, businesses, communities and institutions
Indigenous eligibility
Indigenous-focused advisory; product underwriting applies
Eligible uses
Lines of credit, term loans, equipment, real estate and project finance
Business stage
Start, operate, acquire, expand and community investment
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: Transaction-specific
Collateral and credit: Bank underwriting, security and guarantees
Stacking: Usually permitted subject to total government-assistance limits; disclose all sources