Clarence Campeau Development Fund
SK, Canada
Financing for Saskatchewan Métis entrepreneurs
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
grant_single|eligibleIndustries
- Mining, quarrying, and oil and gas extraction
- Other services (except public administration)
grant_single|grantors
- Clarence Campeau Development Fund
- Government of Saskatchewan
grant_single|status
grant_card_status|open
grant_single_labels|preview
Grants, loans and equity investments for Métis people, from $10,000 to $1,000,000, to stimulate entrepreneurship and economic development activities.
grant_single_labels|projects
This funding program is specifically available for Métis entrepreneurs operating in a defined geographical area. Eligible companies must be based within Saskatchewan to qualify for this grant.
- Saskatchewan
grant_single|admissibleProjectsExample
$10,000
Develop a professional business plan for a new Métis-owned café
$10,000
Launch a Métis-owned women’s clothing boutique
$10,000
Support for a Métis youth entrepreneurship training program
$10,000
Provide equity assistance for a Métis-owned technology startup
$10,000
Interest-free loan for expanding a Métis-owned construction business
$10,000
Establish a Métis artists’ cooperative gallery
grant_single_labels|admissibility
Eligibility for this grant is determined by specific requirements related to the applicant's Métis ancestry and the business operations within Saskatchewan.
- The applicant must be of Métis ancestry.
- The business must be based in Saskatchewan.
- Businesses funded must demonstrate viability.
grant_eligibility_criteria|who_can_apply
Métis individuals and communities based in Saskatchewan who are interested in creating, maintaining, or expanding Métis-owned businesses. The programs are open to Métis entrepreneurs, women, youth (ages 18-39), and Métis communities. Eligible businesses must demonstrate viability and align with the specific focus of the program chosen, such as business development, management skills enhancement, and specific sector involvement (e.g., energy and resource sectors).
grant_eligibility_criteria|who_cannot_apply
This grant excludes certain companies and industries based on their type of business activity or perceived use of funds. The restrictions ensure support is focused on sustainable and community-benefitting projects.
- Political bodies involved in political processes.
- Businesses primarily engaged in cultural activities.
- Social program providers.
- Residential real estate ventures.
- Commercial real estate primarily for leasing or renting purposes.
- Projects contributing towards personal-use assets like cars or pickup trucks.
- Alcohol, sexually exploitive, pawnshop, payday loan, tobacco, and cannabis businesses.
- Basic farming and ranching enterprises.
- Businesses involved in gambling (with some exceptions for VLTs).
- Commercial real estate projects without occupancy by the applicant's business.
- Restaurants located in large urban centers (with some exceptions).
- Companies focused on the payment of dividends.
- Businesses seeking refinancing (with some exceptions).
grant_eligibility_criteria|eligible_expenses
The available programs for Métis entrepreneurs provide financial support, business planning, and management training to foster business development and success. These initiatives focus particularly on enhancing access to financing and professional support for Métis individuals and communities.
- Creation of professional business plans through the Business Plan Program that supports financing attraction.
- Provision of non-repayable grants in the Métis Entrepreneur Equity Program to improve access to leverage financing.
- Offering interest-free loans through the Business Development Program to boost financial leverage abilities.
- Facilitating Métis entrepreneurs' participation in large-scale projects with interest-bearing loans from the Major Business Development Program.
- Assisting Métis Women with business loans and grants through the Women’s Micro-Loan and Grant Program.
- Interest-free loans for Métis Women entrepreneurs via the Women’s Business Development Program to overcome financial barriers.
- Supporting Métis Youth entrepreneurship with the Youth Business Development Program offering interest-free loans.
- Development of community businesses through the Community Business Development Program to generate Métis wealth and employment.
- Improving management skills of Métis Entrepreneurs through funding from the Management Skills Program.
- Professional business support for CCDF clients aimed at enhancing business success prospects through the Business Support Program.
grant_eligibility_criteria|zone
The grant supports expenses incurred by Métis entrepreneurs to enhance business viability and success.
- Costs for professional consultant services to develop a business plan.
- Training costs to develop management skills, up to 75% of approved costs to a maximum of $10,000.
- Professional support expenses for existing CCDF clients to improve business success.
grant_single_labels|criteria
The evaluation and selection of projects for this grant are based on specific criteria with allocated point scores to ensure alignment with the grant’s objectives.
- Innovation and originality of the business idea.
- Feasibility and clarity of the business plan.
- Potential to leverage additional financing from other sources.
- Impact on Métis community and job creation.
- Alignment with economic growth goals in Saskatchewan.
grant_single_labels|register
- Step 1: Initial Inquiry
- Contact the funding body by inquiring today about the specific program of interest (e.g., Métis Entrepreneur Equity Program, Business Development Program).
- Provide your full name, preferred pronouns, town/city, phone number, and email address in the inquiry form.
- Describe your business idea concisely in the space provided.
- Indicate how you heard about the funding opportunities (e.g., Social Media, Website, Word of Mouth).
- Send the inquiry message to receive follow-up contact from a business advisor.
- Step 2: Consultation with Business Advisor
- Upon sending the inquiry, wait to be contacted by a business advisor from the funding body.
- Engage with the business advisor to discuss your eligibility and the viability of your business project.
- Receive guidance on preparing a professional business plan and the necessary documentation for a grant application.
- Step 3: Application Preparation
- Work with the assigned business advisor to draft your application guided by the specific program requirements.
- Ensure the application includes a business plan and other supporting documents as advised.
- Gather any financial forecasts, market research, and letters of intent if required.
- Step 4: Apply Now
- Once the application is ready, use the "Apply Now" feature associated with the chosen program on the funding body’s website.
- Make sure all sections of the application form are completed accurately and thoroughly.
- Submit the electronic application along with all necessary documents through the website.
- Step 5: Confirmation of Submission
- Receive a confirmation email or notification regarding the successful submission of your application.
- Keep this confirmation for your records and await a response.
grant_single_labels|otherInfo
Additional relevant details for this grant include:
- Support includes both repayable and non-repayable options to enhance financing options.
- Focus on sectors such as energy and resources for increased Métis entrepreneur involvement.
- Specific programs are tailored for different groups including women and youth.
- Training and skill development are part of the support offered to entrepreneurs.
Apply to this program
Empowering Métis Entrepreneurs in Saskatchewan Through Strategic Funding
This grant offers financial assistance and professional support to Métis entrepreneurs in Saskatchewan, aiming to enhance their business prospects and foster economic growth within the community. By leveraging a combination of interest-free loans, grants, and developmental programs, the initiative seeks to bolster Métis-owned businesses across various sectors.
In-Depth Exploration of Funding Opportunities for Métis Businesses
The program structured to empower Métis entrepreneurs in Saskatchewan encompasses a suite of funding solutions tailored to address the unique challenges and opportunities faced by these business owners. At the core of this initiative is the Métis Entrepreneur Equity Program, which provides non-repayable grants to enhance the entrepreneurs' ability to acquire additional financing from other institutions. This form of equity assistance acts as a critical financial bolster, allowing businesses to negotiate better terms and access vital resources needed for growth and sustainability.
Complementing this is the Business Development Program, which offers interest-free loans aimed at expanding Métis entrepreneurs' capacity to secure further funding. This approach not only alleviates immediate financial burdens but also improves the borrowing applicant’s credit standing and financial credibility in the eyes of larger financial institutions and investors. The program is strategically designed to assist enterprises at various scales, from nascent startups to more established entities seeking to expand their market presence.
The suite also includes specialized programs targeting particular demographics within the Métis community, such as the Women's Micro-Loan and Grant Program. This initiative empowers Métis women by providing a financial platform to overcome historical barriers to entry in entrepreneurial fields. Similar targeted efforts extend to young Métis individuals through the Youth Business Development Program, ensuring that younger generations are equipped with the resources and training necessary to start and sustain their ventures.
Training and professional development also form a significant component of the support on offer. With the Management Skills Program, entrepreneurs can access funding to cover up to 75% of the costs associated with enhancing their management skills, ensuring that business leaders are not only financially assisted but also well-equipped with the necessary skills to thrive in dynamic markets.
Furthermore, there are avenues for community-wide economic participation through the Community Business Development Program, aimed at fostering business initiatives that generate employment and economic benefits at a community level. This initiative is particularly valuable in revitalizing local economies and promoting sustainable community growth.
Overall, these programs reflect a robust, multidimensional approach to economic development, marrying fiscal assistance with strategic business planning and professional development. By integrating financial support with skill-building initiatives, the grant underscores a commitment to holistic economic empowerment for Métis entrepreneurs in Saskatchewan, thereby enhancing their ability to contribute to the broader economic landscape.
