NADF Financing

NADF Financing

Financing for Northern Ontario Indigenous business and economic development

At a glance

Eligible Funding
  • Max. $500,000
Timeline
  • Open Date : November 14, 2019
Financing Type
Grant and Funding
Eligible Industries
  • Agriculture, forestry, fishing and hunting
Grant Providers
  • Nishnawbe Aski Development Fund
Status
Open

Overview

Access loans, microloans, term loans, winter road financing, and grants for Indigenous businesses and other organizations in Northern Ontario.

Eligibility criteria

To be eligible for the grant provided by the Nishnawbe Aski Development Fund (NADF) for Aboriginal entrepreneurs and businesses, the following criteria generally apply: 1. Applicant must be an Aboriginal entrepreneur or business owner. 2. The business proposal must align with the grant's objectives and requirements. 3. Required documentation, such as a detailed business plan, financial statements, and relevant permits, must be submitted. 4. The applicant must demonstrate financial need and the ability to effectively utilize the grant funds. 5. Compliance with all relevant laws and regulations governing the business sector is essential. 6. Additional eligibility criteria may apply depending on the specific grant program. For precise information on the eligibility criteria and documentation requirements, it is recommended to contact the NADF directly for detailed guidance and assistance in the application process.

Who is eligible

Eligible types of companies for this grant include Indigenous entrepreneurs and businesses in need of funds to achieve their business goals. These companies can benefit from non-repayable grant funding provided by NADF.

  • Indigenous entrepreneurs
  • Indigenous businesses

Eligible projects & activities

Projects or activities eligible for the grant include: - Unique project financing - Startup business funding - Establishment or acquisition of existing companies - Empowering young Aboriginal entrepreneurs through the Nee-Swas Youth Loan Fund - Supporting Indigenous women entrepreneurs through the Indigenous Women in Business Program - Providing microloans for micro-business growth or financial obstacles - Winter road financing for communities and businesses reliant on winter road networks

Evaluation & selection criteria

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

How to apply

To apply for the grant provided by the Nishnawbe Aski Development Fund (NADF), you can follow these steps: 1. Contact NADF to inquire about the grant application process. 2. Obtain and complete the grant application form. 3. Submit the completed application along with any required documents to NADF for review. 4. Await a decision on your grant application from NADF. 5. If approved, comply with any additional requirements as specified by NADF to receive the grant funding.

Additional information

- Eligible Aboriginal entrepreneurs and businesses can access non-repayable grant funding. - NADF offers support for innovative ventures, startup launches, and existing company acquisitions. - The Nee-Swas Youth Loan Fund empowers young Aboriginal entrepreneurs. - The Indigenous Women in Business Program provides financing and business training for Indigenous women. - Microloans support the growth of micro-businesses and help overcome financial hurdles. - Winter Road Financing is available to facilitate cash flow for transporting supplies during the winter road season. - Contact NADF to explore eligibility and start the application process for a loan or grant.

Documents and links

NADF Financing

Apply to this program