TACC New Relationship Trust (NRT) Entrepreneur Equity Match Grant
- Open continuously
Overview
Get an equity match of up to $5,000 for BC First Nation entrepreneurs within the traditional Coast Salish territory for projects to establish, modernize or expand a business.
At a glance
Funding available
- Increase performance through digital transformation
- Renovate or expand facilities
- Maximum amount : 5,000 $
- Up to 25% of project cost
- Open continuously
Eligible candidates
- All industries
- Vancouver
- British Columbia
- For-profit business
- Sole proprietorship
- All revenue ranges
- All organization sizes
- Indigenous Peoples
Next steps
Activities funded
This grant supports BC First Nation entrepreneurs in establishing, modernizing, or expanding their businesses. The funding aims to match equity provided by entrepreneurs to enhance business development within the traditional Coast Salish territory.
- Establish a new business venture.
- Modernize an existing business to improve efficiency or competitiveness.
- Expand a current business to increase capacity or market reach.
Eligibility
Who is eligible?
The Entrepreneur Equity-Matching Initiative targets BC First Nation entrepreneurs and First Nation Community businesses within the traditional Coast Salish territory. Both status and non-status BC First Nation entrepreneurs are eligible, with a priority given to those residing on-reserve.
Who is not eligible
Based on the information provided, BC First Nation entrepreneurs and First Nation Community businesses are the only eligible recipients for the grant, with priority given to BC First Nation entrepreneurs residing on-reserve.
- Non-First Nation entrepreneurs
- Businesses outside the traditional Coast Salish territory
Eligible expenses
Eligible expenses for this grant include:
- Establishing, modernizing, or expanding a business
- Matching equity up to $5,000 or 25% of project costs
- Cash equity for the entrepreneur
Eligible geographic areas
This grant is specifically available to BC First Nation entrepreneurs within the designated geographical areas. The primary eligibility criterion is residence within the traditional Coast Salish territory.
- Traditional Coast Salish territory.
Additional information
The Entrepreneur Equity-Matching Initiative offers additional relevant details to consider:
- The funding is contingent on obtaining a term loan, highlighting a prerequisite for grant approval.
- The initiative supports a collaborative effort between NRT and TACC, suggesting potential resources or support from both organizations.
- Applicants should acknowledge this initiative is distinctly catered to enhancing the economic opportunities for BC First Nation entrepreneurs.
Contacts
Frequently Asked Questions about the TACC New Relationship Trust (NRT) Entrepreneur Equity Match Grant Program
What is the TACC New Relationship Trust (NRT) Entrepreneur Equity Match Grant?
How much funding can be received?
Who is eligible for the TACC New Relationship Trust (NRT) Entrepreneur Equity Match Grant program?
What expenses are eligible under TACC New Relationship Trust (NRT) Entrepreneur Equity Match Grant?
Who can I contact for more information about the TACC New Relationship Trust (NRT) Entrepreneur Equity Match Grant?
Where is the TACC New Relationship Trust (NRT) Entrepreneur Equity Match Grant available?
Is the TACC New Relationship Trust (NRT) Entrepreneur Equity Match Grant a grant, loan, or tax credit?
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