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Aboriginal Business Loans — General - NS - Canada

Aboriginal Business Loans — General

Last Update: July 22, 2025
NS, Canada
Loans for Indigenous entrepreneurs in Atlantic Canada

At a glance

Eligible Funding
  • Up to 75% of project cost
Timeline
  • Unspecified
Financing Type
Grant and Funding
Eligible Industries
  • Construction
  • Other services (except public administration)
Funds Providers
Program status
Open

Overview

Get a loan of up to $750,000 to start, expand or improve your Indigenous-owned business in Atlantic Canada.

Financing terms and conditions

The Aboriginal Business Loans — General provides Indigenous Entrepreneurs with flexible lending options to foster their business endeavors. Loans are tailored to meet various business sizes and capital requirements.

  • Loan amounts available up to $750,000 for individuals.
  • Loan amounts up to $1.5 million available for communities, contingent on capital availability.
  • Various interest rates apply, depending on loan specifics.
  • Maximum amortization period extends up to 20 years.
  • Loans may require security based on cash flows and collateral.

Activities funded

This grant supports a variety of projects focused on promoting the growth and sustainability of Indigenous businesses. The eligible activities include support for business planning, marketing, and expansion efforts.

  • Development of business plans, marketing plans, and feasibility studies.
  • Support for business establishment, expansion, or acquisition.
  • Funding for local, domestic, or export-oriented marketing initiatives.
  • Assistance with new product or process development.
  • Integration of technology to enhance operations and competitiveness.
  • Provision of financial services, business support, business-related training, and mentoring services.
Examples of admissible projects:
$ 35,000
Adding e-commerce capabilities to an Indigenous-owned craft shop
$ 50,000
Launching a new Indigenous-owned tech startup focused on app development
$ 75,000
Expanding an Indigenous-owned bakery to include a café and event space
$ 60,000
Developing new biodegradable packaging products for an Indigenous-owned company
$ 100,000
Acquiring a local Indigenous art gallery to expand its reach and offerings
$ 35,000
Enhancing a local Indigenous community center with new technology and training programs

Eligibility

Eligibility for this grant is determined by specific requirements related to the applicant's profile and geographic location.

  • Applicants must be individuals of Canadian Indigenous status or non-status, Metis, or Inuit Heritage.
  • Applicants must live and operate their businesses within the Atlantic provinces.
  • Indigenous business and financial organizations are also eligible for contributions.
  • Development corporations are eligible for contributions as well.

Who is eligible?

Eligible applicants for the ABFP program include individuals of Canadian Indigenous status or non-status, Métis or Inuit heritage (on or off reserve), living and operating their businesses within the Atlantic provinces. Indigenous business and financial organizations, as well as development corporations are also eligible for contributions.

Who is not eligible

There are specific types of companies that are not eligible for the grant. Indigenous businesses and financial organizations, as well as development corporations, are eligible for contributions.

  • Non-Indigenous businesses
  • Businesses operating outside the Atlantic provinces

Eligible expenses

This grant provides non-repayable contributions to support the development and growth of Indigenous businesses. The eligible projects span across planning, establishment, marketing, and support services.

  • Development of business plans, marketing plans, and feasibility studies.
  • Establishment, expansion, or acquisition of businesses.
  • Local, domestic, or export-oriented marketing initiatives.
  • New product or process development.
  • Adding technology to improve operations and competitiveness.
  • Financial services, business support, business-related training, and mentoring services.

Eligible geographic areas

This grant is targeted at businesses that are situated within specified regions to promote regional economic growth. Eligible geographical areas are clearly defined to support Indigenous entrepreneurs across various locations.

  • Businesses operating within the Atlantic provinces of Canada.

Selection criteria

There are evaluation and selection criteria for the grant. The evaluation process involves assessing the eligibility of the project, the potential impact, and the alignment with the program objectives.

  • Demonstrated Indigenous status or heritage
  • Business viability and potential for success
  • Alignment with program objectives
  • Potential impact on the Indigenous business sector
  • Feasibility and sustainability of the project
  • Evidence of financial need and clear budget planning

How to apply

1

Client Inquiry Form

Complete the client inquiry form to assess the strengths and needs of your business.
2

Recommended Tools

Receive and utilize business tools provided to assist with loan calculations, online presence, etc.
3

Funding Program Options

Review the funding program options available based on your client inquiry form results.
4

Personal Connection

  • Complete your application package.
  • Submit your application with the assistance of a Client Services Officer who will forward it for assessment.
5

Continued Support

Receive continued support from the Business Development Team regardless of the application result.

Additional information

Additional relevant details for Ulnooweg's Aboriginal Business Financing Program and other funding programs include:

  • Ulnooweg focuses specifically on supporting Atlantic Indigenous entrepreneurs.
  • The financing programs are designed to not negatively impact other local businesses and to complement other support services.
  • Programs are tailored with sensitivity to the needs of Indigenous entrepreneurs, including women and youth.
  • Offerings are adaptable to meet diverse needs, providing flexibility in financing options.
  • Continued support is provided regardless of application outcomes, ensuring ongoing business development.
  • Loan programs focus on establishing a credit rating for applicants, aiding long-term financial viability.
  • Micro Lending and Women & Youth Lending programs have minimal security requirements, allowing easier access to financial support.
Apply to this program

Frequently Asked Questions about the Aboriginal Business Loans — General Program

Here are answers to the most common questions about the Aboriginal Business Loans — General. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.

What is the Aboriginal Business Loans — General?

How much funding can be received?

What expenses are eligible under Aboriginal Business Loans — General?

What is the deadline to apply?

Is the Aboriginal Business Loans — General a grant, loan, or tax credit?

Who are the financial supporters of the Aboriginal Business Loans — General?

Who is eligible for the Aboriginal Business Loans — General program?

Who can I contact for more information about the Aboriginal Business Loans — General?

Where is the Aboriginal Business Loans — General available?

Are women eligible for the Aboriginal Business Loans — General program?

Are youth (under 40) eligible for the Aboriginal Business Loans — General program?

Are Indigenous Peoples eligible for the Aboriginal Business Loans — General program?

Apply to this program