Futurpreneur Canada Indigenous Program
Canada
Financing for Indigenous entrepreneurs
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
grant_single|deadlines
- grant_single|openingDateNovember 26, 2020
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Expert Advice
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- Futurpreneur Canada
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grant_card_status|open
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Get a collateral-free loan of up to $60,000, along with 2 years of expert business mentoring and resources to get your startup off the ground if you're an Indigenous person 18–39 years old.
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grant_single|admissibleProjectsExample
$60,000
Vancouver
Opening an organic grocery store specializing in locally sourced Indigenous produce
$60,000
Montreal
Launching a tech startup developing educational software for Indigenous learners
$60,000
Calgary
Establishing a digital marketing agency focused on Indigenous businesses
$60,000
Ottawa
Setting up an Indigenous cultural center with workshops and exhibitions
$60,000
Toronto
Launching an eco-friendly clothing line using recycled materials
$60,000
Winnipeg
Starting a mobile wellness clinic offering services to rural Indigenous communities
grant_single_labels|admissibility
Here is a summary of the eligibility criteria for the grant:
- Indigenous entrepreneurs aged 18-39 are eligible.
grant_eligibility_criteria|who_can_apply
Eligible types of companies for this grant include:
- Indigenous-owned businesses
- Youth-led businesses aged 18-39
grant_eligibility_criteria|eligible_expenses
The eligible expenses for this grant include:
- Startup costs for launching or buying a business
- Operational expenses related to running the business
- Inventory and equipment purchases
- Marketing and advertising expenses
- Professional services fees (legal, accounting, etc.)
grant_single_labels|criteria
There are evaluation and selection criteria for this grant.
- Evaluation based on business plan viability, financial projections, and entrepreneurial skills.
- Selection criteria include the applicant's age (18-39), business idea feasibility, and potential for growth.
- Applicants must demonstrate a clear understanding of their market and competitive landscape.
- Potential for social impact and community benefit may also be considered in the selection process.
grant_single_labels|register
- Step 1: Visit the Futurpreneur Canada website
- Content: Navigate to the grant section
- Implications: Access information on the grant
- Step 2: Review the eligibility criteria
- Content: Check if you meet the requirements
- Implications: Determine if you qualify for the grant
- Step 3: Submit an application
- Content: Complete the application form
- Implications: Apply for the grant funding
- Step 4: Await review and decision
- Content: Wait for the organization to assess your application
- Implications: Expect a response on your grant application
Apply to this program
Grant Summary:
This grant program by Futurpreneur Canada aims to support Indigenous entrepreneurs aged 18-39 by providing up to $60,000 in financing, expert mentorship for up to two years, and access to resources to help them launch or buy their own business.
Grant Details:
Futurpreneur Canada, in collaboration with partners like NACCA and other Indigenous organizations, offers financial empowerment through the Ohpikiwin Series focused on Indigenous economic inclusion and resilience. Young Indigenous entrepreneurs can benefit from workshops, mentorship, and business resources to enhance their financial capacity and entrepreneurial skills. The program also supports aspiring entrepreneurs in developing their business plans, networking opportunities, and access to funding to turn business ideas into successful ventures. Through a comprehensive support system, including events, online resources, and community partnerships, Indigenous entrepreneurs can receive the necessary guidance and tools to start and grow their businesses effectively.
The grant program aims to empower Indigenous youth by providing them with the necessary tools, support, and knowledge to overcome barriers and achieve success in the business world. By focusing on financial literacy, mentorship, and community partnerships, the program equips young entrepreneurs with the skills and resources needed to navigate the entrepreneurial landscape and build sustainable businesses. Participants can access a range of resources, including a business plan writer, cash flow templates, and educational workshops, to enhance their business acumen and increase their chances of long-term success.
Through partnerships with organizations like NACCA and various economic development funds, Futurpreneur Canada ensures that Indigenous entrepreneurs have access to tailored support services that cater to their unique needs and aspirations. By fostering a supportive and inclusive environment, the program promotes diversity, innovation, and economic growth within Indigenous communities, ultimately contributing to the overall prosperity and empowerment of Indigenous entrepreneurs across Canada.
Young Indigenous entrepreneurs interested in participating in the program can register for workshops, connect with expert mentors, and access a wealth of online resources to kickstart their entrepreneurial journey. By leveraging the insights and expertise of industry professionals and mentors, participants can gain valuable knowledge and skills to establish and grow their businesses successfully. The program's emphasis on financial empowerment, mentorship, and community partnerships underscores its commitment to nurturing the next generation of Indigenous entrepreneurs and fostering sustainable economic development in Indigenous communities.
