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Indian Business Corporation Services - BC - Canada

Indian Business Corporation Services

Last Update: October 22, 2025
BC, Canada
Loans for First Nations' businesses in British Columbia

At a glance

Eligible Funding
  • Up to 10% of project cost
Timeline
  • Unspecified
Financing Type
Loans and Capital investments
Eligible Industries
  • Agriculture, forestry, fishing and hunting
Program status
Open

Overview

Loans for agriculture and live stock purchases, heavy equipment and machinery, and other viable business opportunities.

Financing terms and conditions

This grant offers essential financing terms to help indigenous businesses thrive by ensuring resources are allocated in a manner that supports financial sustainability and growth.

  • A minimum owner equity contribution of 10%, with at least half required as cash equity, to support funding stability.
  • Provision for the use of existing or purchased livestock as collateral, secured by branding with the IBC brand.
  • Execution of loan collateral agreements free of liens to maintain secured interest in assets.
  • Adherence to credit standards with a strong resolution of any past credit issues, ensuring a foundation for successful loan approval.

Activities funded

Examples of admissible projects:
$ 25,000
Implementing advanced irrigation systems for local community gardens
$ 150,000
Purchasing heavy machinery for expanding dairy farming operations
$ 35,000
Creating a beekeeping operation for local honey production
$ 50,000
Developing an urban farming initiative for local food production
$ 130,000
Purchasing organic seeds and livestock for sustainable agriculture
$ 200,000
Upgrading equipment for family-owned organic farm operations

Eligibility

Eligibility for this grant is determined by specific requirements related to the venture's financial and technical standing.

  • The venture must have a minimum owner equity of 10%, with at least half in cash equity.
  • The venture must demonstrate technical and financial viability.
  • All loan collateral must be free and clear of liens.
  • Credit rating must be acceptable to IBC, with no outstanding judgments or collections.

How to apply

1

Review Eligibility Criteria

  • Ensure your business meets the owner equity and collateral requirements specified by IBC.
  • Verify that your credit rating is acceptable and that all past credit issues are resolved.
2

Gather Required Documentation

  • Prepare a BCR regarding IBC reserve access.
  • Draft a comprehensive Business Plan or Outline, if applicable.
3

Download Application Form

  • Visit the IBC webpage.
  • Download the printable application form available in PDF format.
4

Complete Application Form

  • Fill out the downloaded application form thoroughly and accurately.
  • Review all information for completeness and correctness.
5

Submit Application

  • Submit the completed application form along with all required documents to the designated IBC point of contact.
  • Ensure submission is made before any specified deadlines.
Apply to this program

Frequently Asked Questions about the Indian Business Corporation Services Program

Here are answers to the most common questions about the Indian Business Corporation Services. 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 Indian Business Corporation Services?

How much funding can be received?

What expenses are eligible under Indian Business Corporation Services?

What is the deadline to apply?

Is the Indian Business Corporation Services a grant, loan, or tax credit?

Who are the financial supporters of the Indian Business Corporation Services?

Who is eligible for the Indian Business Corporation Services program?

Who can I contact for more information about the Indian Business Corporation Services?

Where is the Indian Business Corporation Services available?

Are Indigenous Peoples eligible for the Indian Business Corporation Services program?

Apply to this program

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