JEDI — Indigenous Business Incubator Program
Canada
Training and support for Indigenous startups
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
grant_single|deadlines
- grant_single|openingDateDecember 04, 2023
grant_single|financingType
Expert Advice
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- Joint Economic Development Initiative (JEDI)
grant_single|status
grant_card_status|open
grant_single_labels|preview
Access weekly training sessions, business coaching and mentorship, Indigenous guest speakers, connections to financial resources and advice on raising capital for your new or early-stage business.
grant_single_labels|projects
This grant supports businesses specifically in New Brunswick, as part of the Joint Economic Development Initiative's regional focus. The program is designed to foster economic opportunities and development within this area.
- Businesses located in New Brunswick, Canada.
grant_single|admissibleProjectsExample
$7,000
Launching a line of Indigenous-inspired fashion accessories
$10,000
Setting up a business incubator for young Indigenous entrepreneurs
$10,000
Launching a mobile app for Indigenous language learning
$5,000
Developing a social media campaign to promote Indigenous tourism
$5,000
Establishing a digital marketing strategy for a new Indigenous craft business
$8,000
Opening an Indigenous-owned cafe with sustainable practices
grant_single_labels|admissibility
grant_eligibility_criteria|who_can_apply
This program specifically targets Indigenous entrepreneurs in New Brunswick who are in the early stages of starting or developing their businesses. Applicants should be part of the Indigenous community and interested in building a business with the support and resources provided by the JEDI Business Incubator Program. The program is designed to offer training, mentorship, and networking opportunities to foster the growth of Indigenous businesses.
grant_eligibility_criteria|eligible_expenses
The JEDI Indigenous Business Incubator Program supports activities that help new and early-stage Indigenous businesses thrive. These activities are designed to provide comprehensive education, networking, and practical tools for business development.
- Weekly training sessions on business fundamentals ranging from financial management to marketing.
- Personalized business presentations tailored to individual business needs.
- Customized business support plans to guide the entrepreneurial journey.
- Access to Indigenous keynote speakers presenting experiences and insights.
- Mentorship opportunities with successful entrepreneurs in various fields.
- Networking events to connect with peers, industry leaders, and potential partners.
- Development resources and perks such as free tools and business discounts.
- Connections to financial resources and advice on capital raising strategies.
- Linkages with research and development organizations, and business support organizations.
grant_single_labels|criteria
There are evaluation and selection criteria for this grant. The evaluation and selection criteria are:
- Alignment with program objectives
- Demonstrated business potential
- Commitment to completing the program
- Evidence of Indigenous ownership or control
grant_single_labels|register
Here are the steps to submit an application for the JEDI Indigenous Business Incubator Program:
- Step 1: Contact Information
- Reach out to the Joint Economic Development Initiative for more details.
- Use the provided contact details: info@jedinb.ca, 1-506-444-5650, or toll-free 1-888-884-9870.
grant_single_labels|otherInfo
The additional relevant details for this program are:
- Participants benefit from cultural fulfillment as part of the program experience.
- A strong emphasis is placed on preparing participants for common entrepreneurial obstacles.
- Participants have access to a network of experts for ongoing support.
Apply to this program
Empowering Indigenous Entrepreneurs through the JEDI Business Incubator Program
The JEDI Indigenous Business Incubator Program offers comprehensive support to budding Indigenous entrepreneurs in New Brunswick, providing them with invaluable training, mentorship, and resources needed to transform their business ideas into successful ventures. This program not only equips participants with essential business knowledge and tools but also connects them to a wider network of entrepreneurs and financial resources, fostering growth and confidence on their entrepreneurial journey.
Unlocking Potential with the JEDI Indigenous Business Incubator Program
The JEDI Indigenous Business Incubator Program stands as a beacon of support for Indigenous entrepreneurs aiming to launch or grow their businesses in New Brunswick. This program is meticulously designed to address the unique challenges faced by Indigenous entrepreneurs by providing an extensive range of resources that cater to both foundational business needs and cultural growth. It incorporates weekly training sessions that delve into core business principles such as financial management, marketing strategies, and operational planning. Participants emerge with a personalized business presentation and a tailored business support plan, equipping them with the confidence and clarity needed to thrive in competitive markets.
The program also emphasizes the invaluable role of mentorship. Participants receive guidance from seasoned entrepreneurs who have successfully navigated the business landscape themselves. These mentorship opportunities are crucial for budding entrepreneurs to gain insights, avoid common pitfalls, and build robust networks that extend beyond the program. Moreover, the inclusion of Indigenous guest speakers brings a unique cultural perspective that enriches the learning experience, affirming participants' identities, and fostering a strong sense of community.
A standout feature of the JEDI Business Incubator is its commitment to connecting participants with the broader startup ecosystem. This is achieved through networking events and connections with research and development organizations. Such interactions not only provide exposure to fresh ideas and innovations but also open doors to potential partnerships and collaborations. Moreover, the program offers development resources and perks like free tools and discounts, significantly easing the initial entrepreneurial journey.
Financial resource integration is another cornerstone of the JEDI Incubator Program. Participants receive expert advice on capital acquisition and are introduced to various financial resources. This guidance is pivotal in helping new businesses secure the funding necessary for expansion and sustainability. By providing these connections, JEDI bridges the gap between budding entrepreneurs and the financial backing they need to grow their businesses.
The program, supported by the Government of Canada, the Government of New Brunswick, and multiple industry partners, reflects a comprehensive effort to boost Indigenous economic development. The collaborative support from these entities not only enhances the resources available to participants but also underscores a broader commitment to nurturing Indigenous entrepreneurship.
Testimonials, such as that from Monica Sarkies, a program graduate, highlight the transformative impact of the JEDI Incubator. She emphasizes the program's holistic nature, noting the combination of business acumen, cultural enrichment, and extensive support that prepared her for the challenges of entrepreneurship. Her endorsement serves as a testament to the program's effectiveness in fostering self-assurance and business growth.
Overall, the JEDI Indigenous Business Incubator Program is not just about starting a business. It's about empowering Indigenous entrepreneurs to create sustainable and impactful business ventures. By removing barriers and providing essential tools and networks, the program supports participants in realizing their potential and contributing positively to the local economy and beyond. This initiative is a key driver for economic empowerment within Indigenous communities, marking a significant stride towards inclusive economic development in New Brunswick.
