
First Peoples Economic Growth Fund – Community Economic Expansion Program
Last Update: July 22, 2025
MN, Canada
Funding to create jobs for Manitoba First Nations
At a glance
Eligible Funding
- Max. $300,000
- Up to 50% of project cost
Timeline
- Unspecified
Financing Type
Loans and Capital investments
Eligible Industries
- Agriculture, forestry, fishing and hunting
- Construction
- Manufacturing
- Retail trade
- Transportation and warehousing
- Accommodation and food services
Funds Providers
Unspecified
Program status
Open
Overview
Get a repayable, interest-free loan up to $300,000 or 50% of the cost to start a new business, purchase an existing business, or upgrade your existing business. The intent is to provide for the creation of wealth and jobs for First Nations.
Financing terms and conditions
This program provides financing specifically structured to support the growth and sustainability of Manitoba First Nation community-owned businesses. The financing modalities are designed to assist with startup, expansion, or acquisition endeavors while ensuring repayment ability and community impact.
- Maximum loan amount of $300,000 or up to 50% of the fair market value of the total project costs, whichever is lower.
- Interest-free loans with repayment terms of up to 10 years for general businesses and up to 20 years for buildings.
- Potential loan forgiveness of up to $75,000 or 25% of the total loan (whichever is less) if conditions are met.
- Repayment begins within one year from disbursement and is required in equal monthly installments over the loan term.
- Project costs may require appraisal to determine eligibility for funding.
- Loans must be used for starting, purchasing, or expanding businesses; refinancing existing debt is not permitted.
- Business assets will be registered as security for the loan, subordinate to other debt financing.
Activities funded
This program provides financial support for Manitoba First Nation community-owned businesses to foster economic growth and job creation. Eligible activities include business startups, expansions, or acquisitions.
- Starting a new First Nation community-owned business.
- Purchasing an existing business by a Manitoba First Nation community.
- Upgrading or expanding an existing First Nation owned business in Manitoba.
Examples of admissible projects:
$ 250,000
Purchasing an existing organic farm to enhance local food supply
$ 300,000
Launching an eco-friendly cafe with a focus on sustainable dining
$ 275,000
Upgrading a community theatre to offer more diverse performances
$ 300,000
Expanding a local craft brewery to increase production capacity
$ 300,000
Starting a tech startup focused on developing AI-driven healthcare solutions
$ 225,000
Purchasing an existing automotive repair shop to modernize its operations
Eligibility
Eligibility for the Community Economic Expansion Program is based on specific criteria related to business ownership, location, and operational objectives.
- The business must be at least 51% owned and controlled by Manitoba First Nations.
- The business must operate primarily in Manitoba.
- Applicants must provide a sound business plan demonstrating viability.
- The business must have a profit objective; not-for-profit projects are not eligible.
- Businesses must be reputable and appropriate in nature.
- The community is required to demonstrate its commitment through a reasonable equity injection.
Who is eligible?
Manitoba First Nation community-owned small and medium-sized businesses are eligible to apply. These businesses must be at least 51% owned and controlled by Manitoba First Nations, operate primarily in Manitoba, and demonstrate a profit objective with viability through a sound business plan.
Who is not eligible
This grant program is specifically designed to support Manitoba First Nation community-owned businesses. As such, certain types of companies or industries may not be eligible for this grant.
Eligible expenses
The grant provides loan proceeds that can be utilized for specific business activities and enhancements.
- Starting a new business.
- Purchasing an existing business.
- Upgrading or expanding an existing business.
Eligible geographic areas
This grant is specifically available to businesses located in Manitoba, as it focuses on supporting Manitoba First Nation community-owned enterprises. The targeted region ensures that the economic benefits and job creation opportunities directly impact these local communities.
- Manitoba, Canada
Selection criteria
The evaluation and selection of projects for this grant are based on specific criteria to ensure alignment with the grant’s objectives and the creation of employment and economic benefits for Manitoba First Nations.
- Feasibility of the applicant’s plan, including the education and experience of the principal persons involved.
- Availability of technical and financial expertise required for successful operation.
- Availability of necessary services such as utilities, communication, and transportation.
- Potential for growth and development of related businesses.
- Effect on the province and community, including provision of goods/services and employment creation.
- Applicant’s ability to secure funding, including previous financial assistance and terms.
- Equity investment indicating commitment from the principals.
- Management’s capability to operate the business successfully.
- Earning potential and ability to repay the loan.
- Social and economic impact in the community, including job creation.
- Other relevant criteria as considered by the Fund’s management.
How to apply
1
Review Program Details
- Familiarize yourself with the program's purpose, loan terms, eligibility criteria, and approval criteria.
- Ensure your business aligns with the program’s objectives and requirements.
2
Prepare Business Plan
- Develop a comprehensive business plan that includes the objective of profitability, viability, and projected growth.
- Include details on the business operations, management structure, and financial projections.
3
Gather Required Documentation
- Collect all necessary documents such as proof of First Nation ownership, financial statements, and technical expertise evidence.
- Prepare any appraisals of project costs if required.
4
Submit Application
- Complete the application form. Ensure all information is accurate and up to date.
- Submit the application form and all required documents to the address or portal specified by the First Peoples Economic Growth Fund.
5
Await Confirmation
- Receive confirmation of your application submission from the funding body.
- Retain the confirmation details for future reference and follow-up.
Additional information
Here are additional relevant details for this grant:
- The maximum loan amount is $300,000 or 50% of the fair market value of the total project costs, whichever is less.
- At the end of the loan, a portion of the loan (up to $75,000 or 25% of the total loan) may be forgiven under certain conditions.
- Loans are interest-free with a repayment schedule not exceeding 10 years for most projects (20 years for buildings).
- Business assets used as loan security will be subordinated to other debt financing supporting the business.
- Loans are strictly for new initiatives, as they cannot be used for refinancing existing debt.
Frequently Asked Questions about the First Peoples Economic Growth Fund – Community Economic Expansion Program Program
Here are answers to the most common questions about the First Peoples Economic Growth Fund – Community Economic Expansion Program. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the First Peoples Economic Growth Fund – Community Economic Expansion Program?
How much funding can be received?
What is the deadline to apply?
Is the First Peoples Economic Growth Fund – Community Economic Expansion Program a grant, loan, or tax credit?
Who are the financial supporters of the First Peoples Economic Growth Fund – Community Economic Expansion Program?
Who is eligible for the First Peoples Economic Growth Fund – Community Economic Expansion Program program?
Who can I contact for more information about the First Peoples Economic Growth Fund – Community Economic Expansion Program?
Where is the First Peoples Economic Growth Fund – Community Economic Expansion Program available?
Are Indigenous Peoples eligible for the First Peoples Economic Growth Fund – Community Economic Expansion Program program?

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