How much funding can be received?

Funds up to 25% of admissible expenses, capped at $25000 per project.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the TACC New Relationship Trust (NRT) Community Equity Match Grant?

TACC New Relationship Trust (NRT) Community Equity Match Grant is funded by Tale'awtxw Aboriginal Capital Corporation

What are TACC New Relationship Trust (NRT) Community Equity Match Grant's eligibility criterias?

The organization must be a First Nation community in British Columbia. The application must show how the project will generate economic opportunities. The proposing community must provide matching funds equal to the grant amount.

TACC New Relationship Trust (NRT) Community Equity Match Grant

Last Update: March 26, 2025

BC, Canada

Grants for First Nations Communities with TACC business loans

TACC New Relationship Trust (NRT) Community Equity Match Grant at a glance

Eligible Funding

Max. $25,000
Up to 25% of project cost

Timeline

Continuous Intakes

Financing Type

Loans and Capital investments

Eligible Industries

All industries

Grant Providers

Tale'awtxw Aboriginal Capital Corporation

Status

Open

Overview of the TACC New Relationship Trust (NRT) Community Equity Match Grant program

Get an equity match of up to $25,000 for British Columbia First Nation Community business projects to establish, modernize or expand a business.

Eligible projects & activities

Examples of admissible projects:

$ 25,000

Establishing a new Indigenous-owned coffee shop in downtown Prince George

$ 25,000

Opening a kayaks rental business to serve tourists visiting Stanley Park

$ 25,000

Modernizing a community-owned bakery to offer gluten-free products

$ 25,000

Expanding a local IT support business to include cybersecurity services

Eligibility criteria of the TACC New Relationship Trust (NRT) Community Equity Match Grant program

BC First Nation Community business projects are the only eligible recipients.
Projects must be for the establishment of a new business, modernization of an existing business, or expansion of an existing business.
Ineligible costs include, but are not limited to: refinancing debt, debt consolidation, business planning, and/or feasibility studies.
Up to a maximum of $25,000 or 25% of project costs, whichever is less, in matching equity is available per community business.
BC First Nation Equity must be cash equity.
The equity-matching is conditional on TACC approving a term loan (debt-financing) for the BC First Nation community business.

Who is eligible?

Eligible types of companies for this grant include BC First Nation Community business projects that are establishing a new business, modernizing an existing business, or expanding an existing business.

BC First Nation Community business projects

Who is not eligible

Some types of companies are not eligible for this grant:

Non-BC First Nation Community business projects
Projects not related to the establishment, modernization, or expansion of a business
Projects involving ineligible costs such as refinancing debt, debt consolidation, and business planning or feasibility studies

Eligible expenses

Eligible expenses for this grant include:

Establishment of a new business
Modernization of an existing business
Expansion of an existing business

Eligibility criteria of the TACC New Relationship Trust (NRT) Community Equity Match Grant program

There are evaluation and selection criteria for this grant.

Projects must be for the establishment of a new business, modernization of an existing business, or expansion of an existing business.
Equity-matching is conditional on TACC approving a term loan for the BC First Nation community business.
BC First Nation Equity must be cash equity.

How to apply to the TACC New Relationship Trust (NRT) Community Equity Match Grant program

Eligibility Check

Verify the eligibility of the project as a BC First Nation Community business project.
Prepare all required documents for the grant application.

First Contact

Contact Tale’awtxw Aboriginal Capital Corporation to obtain necessary information about the initiative.
Present the project and funding needs for review.

Application Submission

Fill out the grant application form with the project details and required funding.
Submit the complete application to Tale’awtxw Aboriginal Capital Corporation.

Additional information

Here are additional relevant details for this grant:

A comprehensive financial analysis may be required to support the grant application.
Grant recipients should comply with reporting requirements detailed in the grant agreement.
Ownership of intellectual property created during the project may be subject to specific terms agreed upon in the grant contract.