At a glance
Who it may support
BC First Nations entrepreneurs and community projects
Indigenous eligibility
BC First Nation eligibility
Eligible uses
Borrower equity toward approved term-loan project
Business stage
Start/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: Applicant contribution is matched
Collateral and credit: Underlying loan underwriting applies
Stacking: Usually permitted subject to total government-assistance limits; disclose all sources