grant_single_labels|summary

grant_single|eligibleFinancing
  • grant_single|maxCount
  • grant_single|projectCostPercent
grant_single|deadlines
  • grant_single|timelineUnspecified
grant_single|financingType
Grant and Funding
Loans and Capital investments
grant_single|eligibleIndustries
  • Agriculture, forestry, fishing and hunting
grant_single|grantors
  • Ulnooweg
grant_single|status
grant_card_status|open

grant_single_labels|preview

Get a loan of up to $25,000 for any business need you have, at a fixed interest rate of 8% and a 5-year repayment term.

grant_single_labels|projects

The Aboriginal Business Financing Program offers eligibility to companies based in specific geographical areas. The eligible areas are defined to focus on supporting Indigenous businesses within a certain region.
  • Individuals and businesses operating within the Atlantic provinces of Canada.
grant_single|admissibleProjectsExample

$25,000

Upgrade manufacturing equipment to improve productivity

$25,000

Launch a new eco-friendly product line

$25,000

Establish a community training center

$20,000

Develop a digital marketing campaign to increase local brand awareness

$25,000

Acquire a local bakery business

$25,000

Expand a local organic grocery store

grant_single_labels|admissibility

Eligibility for the Aboriginal Business Financing Program (ABFP) is based on specific criteria related to the applicant's heritage, location, and business operations.
  • The applicant must be an individual of Canadian Indigenous status or non-status, Metis, or Inuit heritage.
  • The applicant must reside and operate their business within the Atlantic provinces of Canada.
  • Indigenous business and financial organizations, as well as development corporations, are eligible for contributions.

grant_eligibility_criteria|who_can_apply

Eligible applicants are individuals of Canadian Indigenous status or non-status, Metis or Inuit Heritage, living and operating their businesses within the Atlantic provinces. Indigenous business and financial organizations, as well as development corporations, are also eligible for contributions.

grant_eligibility_criteria|eligible_expenses

This grant supports the growth and development of Indigenous businesses in Canada by providing financial contributions towards various business-related activities. The eligible projects emphasize business planning, expansion, marketing, and technological advancements.
  • Development of business plans, marketing plans, and feasibility studies.
  • Expenses related to business establishment, expansion, or acquisition.
  • Local, domestic, or export-oriented marketing initiatives.
  • New product or process development to enhance business operations.
  • Adding technology to improve business competitiveness.
  • Providing business support, management training, and mentoring services.

grant_eligibility_criteria|zone

The grant covers specific expenses related to business development and expansion.
  • Business planning.
  • Establishment and operating costs.
  • Business acquisitions and expansions.
  • 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.

grant_single_labels|criteria

There are evaluation and selection criteria for this grant. The Aboriginal Business Financing Program administered by Ulnooweg considers factors such as the project's eligibility, potential impact, and alignment with funding priorities.
  • Project's eligibility
  • Potential impact
  • Alignment with funding priorities

grant_single_labels|register

  • Step 1: Client Inquiry Form
    • Use the assessment tool provided to evaluate your business strengths and areas for improvement.
    • Fill out the Client Inquiry Form to initiate the process.
  • Step 2: Recommended Tools
    • Receive recommended tools from Ulnooweg to assist with loan calculations and establishing an online presence.
    • Utilize these tools as your application is processed.
  • Step 3: Funding Program Options
    • Review the available funding options provided by Ulnooweg based on your needs.
  • Step 4: Personal Connection
    • Submit your completed application package with the help of the Client Services Officer.
    • The officer will assist in navigating the application process and submit your application for assessment.
  • Step 5: Continued Support
    • Receive ongoing support from the Business Development Team regardless of the application outcome.

grant_single_labels|otherInfo

Here are additional relevant details for the grant programs offered by Ulnooweg:
  • Flexible lending programs include measures to establish a credit rating for applicants, aiding them in future financial endeavors.
  • The business financing support includes gender-specific training and mentoring, catering to diverse needs.
  • The Micro Lending Program specifically supports micro-enterprises with a simplified and less stringent loan approval process.
  • The Women & Youth Lending program is tailored to address the historical underrepresentation of Indigenous women and youth in entrepreneurship, offering easy access with minimal security requirements.
  • Continued support from the Business Development Team is available, regardless of the outcome of the application assessment.
  • Loans for various programs may vary in security requirements, ensuring accessibility for different business sizes and needs.

grant_single_labels|contact

1-888-766-2376

Apply to this program