Indian Business Corporation Services - BC - Canada

Indian Business Corporation Services

BC, Canada
Loans for First Nations' businesses in British Columbia
grant_single|update January 24, 2025

grant_single_labels|summary

grant_single|eligibleFinancing
  • grant_single|projectCostPercent
grant_single|deadlines
  • grant_single|timelineUnspecified
grant_single|financingType
Loans and Capital investments
grant_single|eligibleIndustries
  • Agriculture, forestry, fishing and hunting
grant_single|grantors
  • Indian Business Corporation
grant_single|status
grant_card_status|open

grant_single_labels|preview

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

grant_single_labels|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.

grant_single_labels|projects

grant_single|admissibleProjectsExample

$ 25,000

Implementing advanced irrigation systems for local community gardens

$ 200,000

Upgrading equipment for family-owned organic farm operations

$ 130,000

Purchasing organic seeds and livestock for sustainable agriculture

$ 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

grant_single_labels|admissibility

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.

grant_single_labels|apply

Apply to this program

More grants like this

Genome Funding Opportunities -
Grant and Fundinggrant_card_status|open
Genomics research funding competitions
Bee BC Program -
Grant and Fundinggrant_card_status|closed
Financial support for B.C. beekeeping and Indigenous organizations
Agriculture Water Infrastructure Program – Stream 3 -
Grant and Fundinggrant_card_status|closed
Enhance irrigation infrastructure and water management in British Columbia's agricultural sector.
PacifiCan — Regional Economic Growth through Innovation — Regional Innovation Ecosystems -
Grant and Fundinggrant_card_status|open
Funding to support business growth in British Columbia
New Entrant Farm Business Accelerator Program -
Grant and Fundinggrant_card_status|closed
The New Entrant Farm Business Accelerator (NEFBA) Program offers financial support to new agricultural producers in British Columbia for developing business plans and infrastructure investment to ensure commercial viability and income growth.
Production Insurance -
Other Supportgrant_card_status|open
Insurance for agricultural crops in British Columbia
Small Business Recovery Consulting Rebate -
Grant and Fundinggrant_card_status|open
Money for consulting projects in Northern B.C
Buy BC Partnership Program — Industry Associations, Boards or Councils -
Grant and Fundinggrant_card_status|closed
Funding to promote British Columbia agri-food and seafood
Community Workforce Response Grant — Community Response Stream -
Grant and Fundinggrant_card_status|opengrant_card_status|closingSoon
Money for skills training in the forest sector