Metis-Dene Development Fund
Canada
Financial support for businesses in the Northwest Territories
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
grant_single|deadlines
- grant_single|openingDateJuly 09, 2024
grant_single|financingType
Grant and Funding
Loans and Capital investments
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- Métis-Dene Development Fund (MDDF)
grant_single|status
grant_card_status|open
grant_single_labels|preview
Access loan guarantees, working capital loans, lines of credit, term loans, financing, and business advisory services for your Indigenous or non-Indigenous SME in the NWT.
grant_single_labels|projects
grant_single|admissibleProjectsExample
$8,000
Halifax
Create a community garden initiative
$25,000
Vancouver
Develop an e-commerce platform for Indigenous artists
$50,000
Toronto
Purchase advanced manufacturing equipment for a start-up
$15,000
Montreal
Launch a marketing campaign for organic skincare products
$20,000
Calgary
Expand the services of a financial cooperative
$30,000
Edmonton
Research and develop new energy-efficient HVAC systems
grant_single_labels|admissibility
- Irrevocable Letters of Credit/Loan Guarantees
- Term Loans
- Working Capital Loans/Lines of Credit
- Entrepreneurship and Business Development (EBD) Fund
- Indigenous Women’s Entrepreneur Program (IWE)
- Business Support Services
grant_eligibility_criteria|who_can_apply
There are eligible types of companies for this grant. The grant is open to Northern Canadian businesses seeking support in various financial aspects.
- Northern Canadian businesses
- Companies looking for Irrevfcable Letters of Credit/Loan Guarantees
- Businesses in need of Term Loans or Working Capital Loans/Lines of Credit
- Entrepreneurs and businesses interested in the Entrepreneurship and Business Development (EBD) Fund
- Indigenous Women's Entrepreneur Program (IWE) participants
grant_eligibility_criteria|eligible_expenses
Eligible expenses for this grant include:
- Business development costs
- Equipment purchase or lease
- Marketing and advertising expenses
- Research and development costs
- Training and development expenses
grant_single_labels|criteria
There are evaluation and selection criteria for this grant. The criteria include:
- Applicant's character and capacity
- Region-specific challenges and opportunities
Apply to this program
