Community Futures Manitoba — Indigenous Business Development Services
MN, Canada
Advice and awards for Indigenous businesses in Manitoba
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
grant_single|deadlines
- grant_single|closingDateMay 21, 2024
- grant_single|grantStatusClosed
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- Prairies Economic Development Canada (PRAIRIESCAN)
- Government of Canada
- Community Futures Manitoba
grant_single|status
grant_card_status|closed
grant_single_labels|preview
Business advisory services for Indigenous businesses in Manitoba, as well as some financial award programs.
grant_single_labels|projects
This grant is specifically aimed at supporting Indigenous communities across rural and northern regions of Manitoba. Support is directed at businesses and organizations working within these geographical parameters to build local economic capacity.
- Rural Indigenous communities in Manitoba.
- Northern Indigenous communities in Manitoba.
grant_single|admissibleProjectsExample
$5,500
Setting up training programs for Indigenous sole proprietors
$4,500
Business counselling sessions for Indigenous entrepreneurs
$4,500
Organizing business plan preparation workshops for Indigenous entrepreneurs
$6,000
Development of an online resource hub for Indigenous entrepreneurs
$6,500
Facilitating business development seminars for Indigenous organizations
$5,500
Implementing community economic development activities for Indigenous startups
grant_single_labels|admissibility
Eligibility for this grant is determined by specific requirements for organizations serving Indigenous entrepreneurs.
- Organizations must be serving Indigenous entrepreneurs in Manitoba.
- Preference is given to applications that demonstrate partnerships among service providers or partners.
- Projects needs to be designed to encourage, support, and/or assist Indigenous entrepreneurs.
- All projects must be completed by March 31, 2025.
grant_eligibility_criteria|who_can_apply
The Indigenous Business Development Services (IBDS) program does not specify particular types of companies as eligible for the grant but focuses on supporting Indigenous entrepreneurs and organizations serving them. The grants are available for several initiatives aimed at fostering entrepreneurial growth within Indigenous communities, particularly in rural and northern Manitoba.
- Business information and resource material distribution
- Business plan preparation assistance
- Business advisory services
- Workshops and seminars for business training
- Capacity building projects for organizations supporting Indigenous entrepreneurs
- Training, workshops, or business counseling sessions specifically in First Nations, Metis, or Inuit communities
grant_eligibility_criteria|eligible_expenses
Eligible projects for this grant support the capacity building of organizations serving Indigenous entrepreneurs. They aim to foster collaboration and provide essential resources and services to enhance entrepreneurship among Indigenous communities in Manitoba.
- Projects that encourage, support, and assist Indigenous entrepreneurs in Manitoba.
- Capacity building initiatives that involve partnerships among service providers.
- Training, workshops, or business counselling sessions in First Nations, Metis, or Inuit communities.
- Projects completed by March 31, 2025, designed to strengthen the entrepreneurial ecosystem.
grant_eligibility_criteria|zone
The grant covers expenses aimed at building capacity and supporting Indigenous entrepreneurship.
- Implementation of capacity building projects by organizations serving Indigenous entrepreneurs.
- Delivery of training sessions in Indigenous communities.
- Workshops designed to support Indigenous entrepreneurs.
- Business counselling sessions targeted at Indigenous communities.
grant_single_labels|criteria
The evaluation and selection criteria for the Indigenous Business Development Services Capacity Building Projects grant are designed to prioritize organizations serving Indigenous entrepreneurs and those demonstrating collaborative partnerships. Applicants are expected to provide detailed project proposals with clear budget and cash flow summaries.
- Organizations serving Indigenous entrepreneurs
- Preference for applications demonstrating partnerships among service providers/partners
- Completed application form
- Detailed budget and cash flow summary
- Project completion by March 31, 2025
grant_single_labels|register
- Step 1: Review Program Requirements
- Read the details of the Indigenous Business Development Services (IBDS) Program to ensure applicability and understanding of the opportunity.
- Download necessary documents and resources like the Business Planning Workbook and Guide to Starting a Business in a First Nation Community.
- Step 2: Prepare Business Plan
- Utilize available resources and advisory services to prepare a comprehensive business plan.
- Ensure the business plan aligns with the criteria set forth for the Dragon's Quest Business Plan Competition.
- Step 3: Fill Out Entry Form
- Download and complete the Dragons Quest Entry Form with accurate information.
- Step 4: Submit Competition Entry
- Prepare an email addressed to Raena Baker, IBDS Coordinator, at rbaker@cfmanitoba.ca.
- Attach the completed business plan and Entry Form to the email.
- Submit your entry before the deadline: March 15, 2024, at 4:30 pm.
- Step 5: Await Confirmation
- Wait for a confirmation email to acknowledge receipt of your submission.
- Step 6: Submission for Capacity Building Projects (Optional)
- For organizations looking to apply for Capacity Building Projects, download the application form.
- Complete the application form with the project details, budget, and cash flow summary.
- Email or fax the application to Raena Baker at rbaker@cfmanitoba.ca.
grant_single_labels|otherInfo
The Indigenous Business Development Services Program offers various resources and support services to Indigenous entrepreneurs including business information, advisory services, and training. The program also sponsors the Dragon's Quest Business Planning Competition and provides funding for capacity building projects and training in rural and northern Indigenous communities.
- Deadline for the 2024 Dragon's Quest Business Planning Competition is March 15, 2024, at 4:30pm.
- Call for Proposals 2024/2025 is accepting applications for Capacity Building Projects due March 31, 2025.
- Each organization can receive up to $5,000 for capacity building projects encouraging and supporting Indigenous entrepreneurs in Manitoba.
- Contact person for submissions and more information: Raena Baker, Project Coordinator, via email at rbaker@cfmanitoba.ca.
grant_single_labels|contact
rbaker@cfmanitoba.ca
204-944-8438
Apply to this program
Empowering Indigenous Entrepreneurship in Manitoba
The Indigenous Business Development Services (IBDS) Program offers essential resources and support for Indigenous entrepreneurs in Manitoba. Through advisory services and training, the program promotes the creation and growth of Indigenous-owned businesses across the province.
A Detailed Overview of the Indigenous Business Development Services Program
The Indigenous Business Development Services (IBDS) Program plays a pivotal role in encouraging entrepreneurship within Indigenous communities in Manitoba. With a commitment to fostering economic empowerment, the program offers a range of services including business information, resource materials, and comprehensive assistance with business plan preparation. This dedicated support aims to equip Indigenous entrepreneurs with the tools they need to successfully start and manage their businesses.Moreover, the program provides business advisory services that are tailored to address the unique challenges and opportunities faced by Indigenous entrepreneurs. This includes guidance on navigating the complexities of the business landscape, which is crucial for establishing a solid foundation for new ventures. Additionally, the IBDS program organizes training sessions through workshops and seminars, offering educational opportunities that are designed to enhance entrepreneurial skills.A highlight of the program is the annual Dragon's Quest Business Plan Competition, which is a celebration of Indigenous entrepreneurship. Participants in the competition submit their business plans to be reviewed by a panel of experts, and successful entrants can receive financial awards of up to $7,500 to help launch their businesses. Scheduled to coincide with the Vision Quest Conference in Winnipeg, the competition cultivates a spirit of innovation and determination among aspiring entrepreneurs.To further support Indigenous entrepreneurship, the program invites proposals for Capacity Building Projects, which allow organizations serving Indigenous communities to access up to $5,000. These projects are structured to provide essential resources and encouragement for Indigenous entrepreneurs, ensuring they receive the necessary support to thrive. This funding not only facilitates business growth but also encourages collaboration among service providers and partners—a crucial factor in creating a robust support ecosystem for Indigenous businesses.In addition, the IBDS program extends funding for training and business counselling activities in rural and northern Indigenous communities across Manitoba. By providing up to $5,000 for Indigenous Financial Institutions (IFIs) and $1,000 for non-IFIs, the program ensures that community-based organizations have the resources needed to deliver impactful training and guidance to Indigenous entrepreneurs. These initiatives are essential for bridging the gap between business conception and successful operation, especially in areas where resources may be limited.The IBDS program, through its comprehensive suite of services and funding opportunities, strives to create a supportive and empowering environment for Indigenous entrepreneurs in Manitoba. By addressing the specific needs and challenges faced by these communities, the program not only drives economic growth but also fosters a sense of cultural heritage and entrepreneurship spirit, contributing significantly to the broader aim of economic self-sufficiency and prosperity in Indigenous communities.
