grant_single_labels|summary

grant_single|eligibleFinancing
  • grant_single|fromMinToMax
  • grant_single|projectCostPercent
grant_single|deadlines
  • grant_single|timelineUnspecified
grant_single|financingType
Loans and Capital investments
grant_single|eligibleIndustries
  • grant_single|allIndustries
grant_single|grantors
  • First Peoples Economic Growth Fund Inc. (FPEGF)
grant_single|status
grant_card_status|open

grant_single_labels|preview

Is your business planning to undertake a large-scale project that costs more than $500,000? Get financing of at least $200,000 up to $1 million, in a variety of financing options.

grant_single_labels|terms_and_conditions

This grant offers a range of financing options tailored to the needs and structures of large-scale First Nations enterprises, ensuring flexibility in funding.
  • Common shares.
  • Preferred shares.
  • Convertible preferred shares.
  • Convertible debentures.
  • Term Loans.
  • Mortgages.
  • Units in a limited partnership or joint venture for a period negotiated and set out in the partnership or joint venture agreement.

grant_single_labels|projects

This grant funds large-scale First Nations enterprises engaged in profitable and commercial activities in Manitoba. It prioritizes high-value, value-added projects that are owned and controlled by Manitoba First Nations.
  • Projects aimed at establishing or expanding commercially viable businesses.
  • Initiatives focused on high-end, value-added production or services.
  • Large-scale operations with substantial startup costs and working capital needs, exceeding $500,000 in project costs.
grant_single|admissibleProjectsExample

$ 300,000

Opening a new organic coffee roastery and café offering locally sourced products

$ 500,000

Developing a green energy solution for businesses to reduce carbon footprint

$ 400,000

Launching an innovative mobile health clinic to serve underserved communities

$ 400,000

Building a new recycling facility to promote sustainable waste management

$ 700,000

Establishing a tech hub to support local startups and innovation

$ 450,000

Revitalizing a heritage building into a cultural arts center

grant_single_labels|admissibility

Eligibility for this grant is determined by specific criteria related to ownership, business operations, and project scope.
  • The business must have a profit objective, as not-for-profit projects are not eligible.
  • A sound business plan demonstrating viability is required.
  • The business must primarily operate in Manitoba.
  • The nature of the business must be reputable and appropriate.
  • The business must be at least 51% owned and controlled by Manitoba First Nations.

grant_eligibility_criteria|who_can_apply

This program targets large-scale First Nations enterprises in Manitoba seeking financial support for commercially viable, for-profit projects. The primary applicants must be First Nations businesses that meet specific ownership and operational criteria.

grant_eligibility_criteria|who_cannot_apply

This grant is designed for specific large-scale First Nations enterprises that meet certain criteria. Although the exact exclusions are not detailed, the focus is on profit-oriented and commercially viable ventures in Manitoba.

grant_eligibility_criteria|eligible_expenses

This grant supports large-scale First Nations enterprises, specifically in for-profit ventures that show promise for commercial success. It focuses on projects with a profit objective and those that are commercially viable.
  • Projects that are primarily operated in Manitoba.
  • Enterprises that involve at least 51% ownership and control by Manitoba First Nations.
  • For-profit ventures with total project costs exceeding $500,000.

grant_eligibility_criteria|zone

This grant is specifically targeted at companies operating within a defined geographical area to enhance local economic growth. Eligible businesses must primarily operate within Manitoba as per the Fund's requirements.
  • Primarily operate in Manitoba.

grant_single_labels|criteria

There are evaluation and selection criteria for this grant:
  • Businesses must have a profit objective and demonstrate viability through a sound business plan.
  • Projects must primarily operate in Manitoba, be reputable, appropriate in nature, and at least 51% owned and controlled by Manitoba First Nations.

grant_single_labels|apply

grant_single_labels|otherInfo

Here are additional relevant details for this grant:
  • The minimum funding available under this program is $200,000.
  • Financing options include various forms of equity, debt, and joint venture agreements.

Apply to this program

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