First Peoples Economic Growth Fund – Business Plan Assistance
MN, Canada
Funding for Manitoba First Nation business planning
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grant_single|eligibleFinancing
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- grant_single|timelineUnspecified
grant_single|financingType
Grant and Funding
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- First Peoples Economic Growth Fund Inc. (FPEGF)
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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.
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grant_single|admissibleProjectsExample
$19,500
Toronto
Engage a consultant for developing a scalable e-commerce platform business plan.
$18,000
Vancouver
Develop a business plan for a zero-waste grocery cooperative.
$16,500
Halifax
Hire a consultant for a feasibility study for a social enterprise café.
$18,000
Montreal
Consultancy to develop a new sustainable fashion line business plan.
$18,000
Calgary
Hire a consultant to improve planning for a non-profit art centre.
$20,000
Edmonton
Develop a business plan for a community-run renewable energy project.
grant_single_labels|admissibility
- Be a member of a Manitoba First Nation, living on or off reserve in Manitoba
- Be aged 18 and over, and eligible to work in Canada
- Submit an application describing the business for which they wish to develop a business plan
- Not have owned a similar business in the past 12 months
- Provide the name and qualifications of the proposed consultant, proposed terms of reference, and a written proposal, including a quote
grant_eligibility_criteria|who_can_apply
First Nations individuals or First Nation-based enterprises in Manitoba are eligible for this grant. They should have a promising business concept that requires financial support for developing a professional business plan.
- First Nations individuals living on or off reserve in Manitoba
- Aged 18 and over, eligible to work in Canada
- Must not have owned a similar business in the past 12 months
grant_eligibility_criteria|who_cannot_apply
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
grant_eligibility_criteria|eligible_expenses
Eligible expenses for this grant include:
- Costs for engaging the services of a professional consultant
- Research and development expenses for a quality business plan
- Up to 75% of the costs to a maximum of $20,000, with the client expected to pay the first 25% of the costs
grant_single_labels|criteria
Applicants for this grant will be evaluated based on their business concept, need for financial assistance, and the quality of their proposed business plan. The selection criteria include eligibility requirements, the completeness of the application, and the viability of the proposed business.
- Be a member of a Manitoba First Nation, living on or off reserve in Manitoba
- Be aged 18 and over, and eligible to work in Canada
- Submit a detailed application describing the business concept
- Provide the name and qualifications of the proposed consultant, proposed terms of reference, and a written proposal
- Not have owned a similar business in the past 12 months
- Approval of funding needed prior to consultant commencing the assignment
grant_single_labels|register
- Step 1: Download the Business Support Programs Application form in either PDF or Word format.
- Step 2: Complete the application form with all required information, including a detailed business concept summary.
- Step 3: Attach the name and qualifications of the proposed consultant, proposed terms of reference, and a written proposal with a quote.
- Step 4: Obtain competitive quotes from at least three consultants as recommended by FPEGF.
- Step 5: Submit the completed application along with all required documents for approval of funding.
Apply to this program
Business Support Programs Grant
Overview of the Business Support Programs Grant
The Business Support Programs grant offered by the First Peoples Economic Growth Fund Inc. aims to provide financial assistance to Manitoba First Nation individuals and enterprises seeking support for their business concepts through the development of professional business plans. Applicants can receive up to 75% of the costs to a maximum of $20,000 towards hiring a professional consultant to aid in creating a quality business plan that can attract financing.
Eligible applicants must be members of a Manitoba First Nation, aged 18 and over, and submit a detailed application outlining their business proposal. The grant funds are non-repayable, and applicants are required to cover the initial 25% of the costs. The program emphasizes the importance of a comprehensive business plan that includes essential aspects such as business overview, industry analysis, marketing strategy, staffing, and estimated project costs.
By offering financial support and professional guidance, the Business Support Programs grant plays a vital role in assisting Manitoba First Nation individuals and enterprises in developing strong business plans that can pave the way for sustainable growth and success in their entrepreneurial endeavors.
For further information and to apply for the Business Support Programs Grant, visit the official website of the First Peoples Economic Growth Fund Inc.
