NADF Financing

This grant provides various financing modalities to support Indigenous entrepreneurs and businesses, assisting in achieving their business objectives with financial ease. Below are the specific financing options available under this program.

• Nee-Swas Youth Loan Fund: Designed to empower First Nation youth entrepreneurs, providing the financial backing needed to launch successful businesses.
• Indigenous Women in Business Program: Offers financing, as well as online and in-person business training, catering to the needs of Indigenous women entrepreneurs.
• Microloans: Short-term financial solutions aimed at facilitating the growth of micro-businesses by helping them overcome immediate financial challenges.
• Winter Road Financing: Provides financing to manage the cash flow for purchasing supplies and inventory for businesses reliant on winter road networks.
• General Loans: Available for various business needs including starting, establishing, or acquiring businesses.
• Grants: Non-repayable funding offered to eligible Indigenous entrepreneurs and businesses to help achieve their business goals.

The Nishnawbe Aski Development Fund provides grants to support Indigenous entrepreneurs and businesses with non-repayable funding to achieve their business objectives. Specific eligibility criteria include:

• The applicant must be an Indigenous entrepreneur or business.

Who is eligible?

Eligible expenses

This grant aims to support Indigenous entrepreneurs and businesses by providing non-repayable funding to help achieve their business objectives. The funding is designed to facilitate growth and innovation among eligible businesses.

• Support for Indigenous entrepreneurs to start a new business.
• Financing for growth and expansion of existing Indigenous businesses.
• Assistance for Indigenous entrepreneurs to acquire an existing company.

Eligible geographic areas

The eligibility information concerning geographical areas for the NADF Financing is not specified in the given context. It is recommended to contact the funding body for precise details on eligible locations.

Here is a summary of the evaluation and selection criteria for the grant:

• Eligible Indigenous entrepreneurs and businesses seeking non-repayable grant funding
• Based on specific business goals and needs

Here are additional relevant details for this grant:

• Applicants may receive support throughout the loan application process from NADF staff to ensure their application is complete and competitive.
• NADF offers a Financial Literacy Series to help potential applicants better manage their finances and improve their loan applications.