Aboriginal Business Financing Program - Private Project

To be eligible for the Aboriginal Business Financing Program (ABFP) grant, you must meet the following criteria: 1. Be a First Nation or a member of the Native Alliance of Quebec. 2. Be a corporation owned by a First Nation, the Native Alliance of Quebec, or one of their members. 3. Have the necessary financial resources with a minimum equity of 10% of the project cost. 4. Present a viable business project. 5. Have a good credit rating. 6. Have experience and training in the relevant field. 7. Commit to full-time involvement in the business. 8. Operate a business that is not involved in gambling, sex, alcohol, or tobacco sectors. Additionally, you must consider the following before applying: - A non-refundable contribution will be provided as a last resort; ensure all other sources of financing have been explored. - The funding amount is determined based on eligible project expenses, net value of the applicant, and other available financing sources. - Do not incur expenses before approval, as they will not be considered eligible for the calculated contribution. The grant covers activities such as start-up, acquisition, or expansion of a business, marketing activities, project-related management, professional advisory services post-launch, and the development of business plans or feasibility studies.

- Be a First Nation or part of the Native Alliance of Quebec - Have the necessary financial resources (equity: minimum of 10% of the project cost) - Present a viable business project - Have a good credit rating - Have experience and training in the field of activities - Mandatory full-time involvement in the business - Operate a business not involved in certain sectors (gambling, sex, alcohol, tobacco) - Evaluation based on eligible expenses, net value of applicant, and other available financing sources

• Step 1: Check Eligibility Criteria
• Ensure that you are a First Nation or a member of the Native Alliance of Quebec or own a corporation within these groups.
• Have the required financial resources, a viable business project, a good credit rating, experience, and training in the field of activities.
• Operate a business not involved in prohibited sectors like gambling, sex, alcohol, or tobacco.
• Step 2: Prepare Required Documentation
• Gather necessary financial documents, business plans, marketing plans, feasibility studies, and other supporting materials.
• Ensure you have the minimum equity (10% of project cost) and all relevant information for evaluation.
• Step 3: Submit Application
• Complete the application form provided by the program.
• Include all required documentation and details about the project, expenses, and financing sources.
• Step 4: Evaluation Process
• Submit your application for review and evaluation by the program administrators.
• Wait for a decision on the amount of non-refundable contribution you are entitled to based on the evaluation criteria.

- All additional sources of financing should be considered and approved before applying for the non-refundable contribution. - Borrowing capacity should be maximized before seeking this funding option. - Equity should be maximized as well. - No expenses incurred prior to the final approval of the file will be considered eligible for the non-refundable contribution calculation.