TACC New Relationship Trust (NRT) Community Equity Match Grant
BC, Canada
Grants for First Nations Communities with TACC business loans
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Loans and Capital investments
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- Tale'awtxw Aboriginal Capital Corporation
grant_single|status
grant_card_status|open
grant_single_labels|preview
<p>Get an equity match of up to $25,000 for British Columbia First Nation Community business projects to establish, modernize or expand a business.</p>
grant_single_labels|projects
grant_single|admissibleProjectsExample
$ 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
grant_single_labels|admissibility
- 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.
grant_eligibility_criteria|who_can_apply
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
grant_eligibility_criteria|who_cannot_apply
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
grant_eligibility_criteria|eligible_expenses
Eligible expenses for this grant include:
- Establishment of a new business
- Modernization of an existing business
- Expansion of an existing business
grant_single_labels|criteria
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.
grant_single_labels|register
- Contact Tale’awtxw Aboriginal Capital Corporation at 604-926-5626 or info@tacc.ca for more information and application details.
grant_single_labels|otherInfo
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.
grant_single_labels|contact
info@tacc.ca
604-926-5626
