
First Peoples Economic Growth Fund – Business Plan Assistance
- Open continuously
Overview
Get up to $20,000 to cover up to 75% of the costs associated with hiring a professional consultant to assist in the research and development of a quality business plan that you can use to attract financing.
At a glance
Funding available
- Launch or market a product/service
- Maximum amount : 20,000 $
- Up to 75% of project cost
- Open continuously
Eligible candidates
- All industries
- Manitoba
- For-profit business
- Sole proprietorship
- All revenue ranges
- All organization sizes
- Indigenous Peoples
- Startups
Next Steps
Activities funded
This grant supports First Nation individuals and enterprises in Manitoba who need financial assistance to develop professional business plans. The eligible activities focus on engaging professional consultants for the research and development of business plans to attract financing opportunities.
- Engagement of professional consultants to assist in the research and development of a business plan.
- Preparation of a comprehensive business concept summary, including business overview, industry overview, and marketing strategy.
- Development of management experience outlines and staffing plans.
- Estimation of project costs and financing for business ventures.
Eligibility
Who is eligible?
First Nation individuals or First Nation-based enterprises headquartered in Manitoba, Canada, who meet specific conditions stated in the eligibility criteria.Who is not eligible
Some types of companies are not eligible for this grant:
- Non-First Nation individuals or enterprises
- Individuals under 18 years old
- Individuals not eligible to work in Canada
- Those who have owned a similar business in the past 12 months
Eligible expenses
The Business Plan Assistance program offers support for the research and development of business plans for First Nation individuals or enterprises. Eligible initiatives involve engaging professional consultants to assist in crafting comprehensive plans aimed at attracting financing.
- Engaging professional consultants for business plan development.
- Conducting research to support the business planning process.
- Developing marketing strategies as part of the business plan.
- Analyzing industry overviews as part of the business plan framework.
- Outlining management experience and staffing in the business plan.
- Estimating project costs and financing requirements in the business plan.
Eligible geographic areas
This grant supports First Nation individuals or enterprises headquartered in a specified region. Eligibility is specific to the area detailed below.
- Companies headquartered in Manitoba, Canada, associated with a First Nation community.
Additional information
Here are additional relevant details for this grant:
- The program is administered by the First Peoples Economic Growth Fund (FPEGF), which is dedicated to supporting the economic development of First Nations in Manitoba.
- Applicants are recommended to obtain three competitive quotes from consultants to ensure a fair selection process.
- Funding approval must be obtained before any consultant can commence work on the business plan.