At a glance
Who it may support
First Nation, Inuit and non-status applicants; community-owned businesses
Indigenous eligibility
Proof of heritage; Métis applicants directed to Métis Voyageur Development Fund
Eligible uses
Capital plus planning, valuations, marketing, mentorship and business support
Business stage
Establish, 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: 10% for capital projects; 25% for planning/support costs
Collateral and credit: Commercial financing required for capital projects
Stacking: Usually permitted subject to total government-assistance limits; disclose all sources