
Commercial/Agriculture Loans
- Open continuously
Overview
Capital loans, working capital and other financing for First Nations businesses where traditional financing is not available.
At a glance
Funding available
- Complete an acquisition or business transfer
- Renovate or expand facilities
- No Condition
- Open continuously
Eligible candidates
- Agriculture, forestry, fishing and hunting
- Saskatchewan
- For-profit business
- Sole proprietorship
- All revenue ranges
- All organization sizes
- Indigenous Peoples
Next steps
Activities funded
This grant provides financial support for First Nation entrepreneurs in Saskatchewan to undertake various commercial and agricultural activities essential for business development and growth. Eligible activities include starting new ventures, acquiring existing businesses, and expanding current operations.
- Starting a new First Nation-owned business in Saskatchewan.
- Acquiring an existing business to enhance operational capacity.
- Expanding the scope or scale of a current business endeavor.
- Purchasing assets necessary for business operations through capital loans.
- Securing short-term operating loans to manage daily business activities.
- Partnering with financial institutions for participation loans to meet larger financing needs.
- Developing and maintaining agricultural operations of various scales.
Eligibility
Who is eligible?
The grant is specifically targeted at First Nation entrepreneurs and businesses operating in Saskatchewan who are looking to start, acquire, or expand their business operations. Eligible applicants must be at least 18 years old and able to demonstrate majority First Nation ownership of the business.Who is not eligible
This grant is directed specifically at First Nation-owned businesses operating in Saskatchewan. As such, there are certain restrictions based on ownership and operation location that must be adhered to.
- Companies that do not have at least 51 per cent First Nation ownership.
- Businesses not operating or performing the majority of their operations in Saskatchewan.
- Individuals or entities that are not residents of Saskatchewan.
Eligible expenses
This grant supports First Nation entrepreneurs in starting, acquiring, or expanding businesses within Saskatchewan. Eligible activities include initiatives related to commercial and agricultural operations.
- Starting a new business with a focus on asset acquisition and operational funding.
- Acquiring an existing business to continue and expand its operations.
- Expanding an existing business to increase its scale and operational capacity.
Eligible geographic areas
This loan program is available to First Nation entrepreneurs operating primarily within a specified geographical area. Eligibility is centered on businesses in this region to promote local economic development.
- Businesses operating in Saskatchewan.
- Businesses performing the majority of their work in Saskatchewan.
Additional information
Here are additional relevant details for this grant:
- SIEF offers business consulting services and advice to support entrepreneurs beyond just providing loans.
- Business advisory services are accessible through SIEF's Business Development Officers to assist with planning and financial projections.
- Commercial Account Officer and Agriculture Account Officer are available for guidance on loan options and application processes.
Frequently Asked Questions about the Commercial/Agriculture Loans Program
What is the Commercial/Agriculture Loans?
Who is eligible for the Commercial/Agriculture Loans program?
What expenses are eligible under Commercial/Agriculture Loans?
Who can I contact for more information about the Commercial/Agriculture Loans?
Where is the Commercial/Agriculture Loans available?
Is the Commercial/Agriculture Loans a grant, loan, or tax credit?
Who are the financial supporters of the Commercial/Agriculture Loans?
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