
TACC Business Equity Program
- Open continuously
Overview
Contribution of up to $100,000 for individual business owners and $250,000 for community owned business.
At a glance
Funding available
- Increase performance through digital transformation
- Develop a new product or service
- Complete an acquisition or business transfer
- Maximum amount : 250,000 $
- Up to 75% of project cost
- Open continuously
Eligible candidates
- All industries
- British Columbia
- For-profit business
- Sole proprietorship
- All revenue ranges
- All organization sizes
- Indigenous Peoples
- Startups
Next steps
Activities funded
The TACC Business Equity Program aims to support Aboriginal entrepreneurs in the Coast Salish territory by enhancing their capital and business support for creating, expanding, or acquiring viable businesses. This program also provides assistance for business plans and marketing initiatives.
- Non-repayable contributions for eligible capital investments in starting a new business.
- Funding support for expanding an existing business.
- Assistance to acquire a viable business.
- Financial support for developing business plans.
- Contributions for marketing and other related business support services.
Eligibility
Who is eligible?
Aboriginal entrepreneurs in the Coast Salish territory who are involved in business opportunities that require supplementation of equity and finance portions, including individuals, incorporated businesses, and community-owned businesses.Eligible expenses
The eligible projects for this grant focus on providing capital and business support to Aboriginal entrepreneurs and businesses in the Coast Salish territory. These efforts aim to facilitate the start-up, expansion, or acquisition of viable businesses, alongside offering marketing and business planning assistance.
- Start-up funding for new Aboriginal-owned businesses.
- Funding for expansion activities of existing Aboriginal-owned businesses.
- Support for the acquisition of existing businesses by Aboriginal entrepreneurs.
- Development and enhancement of business plans.
- Implementation of marketing strategies and related business support services.
Eligible geographic areas
TACC offers funding programs specifically to Aboriginal entrepreneurs located in the Coast Salish territory. Funding is designated to support business opportunities in this specific geographical area.
- Coast Salish territory.
Additional information
Here are additional relevant details for this grant:
- The BEP non-repayable contribution requires a viable business plan and other financing to be in place at the time of application.
- The maximum contribution amount varies between individual or incorporated businesses and community-owned businesses, highlighting the importance of the business structure in determining the eligible grant amount.
- Application forms are required to be submitted in specified formats: Microsoft Word for print and Adobe Acrobat for fillable submissions.
- Both BEP and NRT grant applicants must consider these as supplementary funding options since they operate in conjunction with applicant equity and finance portions.
Documents and links
Frequently Asked Questions about the TACC Business Equity Program Program
What is the TACC Business Equity Program?
How much funding can be received?
Who is eligible for the TACC Business Equity Program program?
What expenses are eligible under TACC Business Equity Program?
Who can I contact for more information about the TACC Business Equity Program?
Where is the TACC Business Equity Program available?
Is the TACC Business Equity Program a grant, loan, or tax credit?
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