Business Financing Program (BFP)
GrantCanada — federal$1,000 – $250,000
The Business Financing Program provides conditional contributions (grants) to Indigenous businesses in North-Eastern Ontario to establish, expand, or acquire businesses on or off reserve. Funding is available to First Nation, Inuit, and non-status Indigenous applicants, with amounts up to $99,999 for individuals and up to $250,000 for First Nation communities or First Nation-owned businesses. Applicants must provide minimum equity and leverage commercial financing for capital projects.
What you'll need
- Proof of Indigenous heritage (Indian status card, Inuit Tapiriit Kanatami letter, or birth certificate with genealogical link)
- Business plan or project proposal
- Evidence of minimum 10% equity contribution
- Commercial financing commitment letter
- Financial statements or projections
How it works
What it can fund
- Establish a new business
- Expand an existing business
- Acquire an existing business
- Fund business planning and valuations
- Support marketing and business development
Related programs
- GrantAboriginal Entrepreneurship Program: Access to CapitalCanada — federal · $1,000 – $250,000
- GrantACOA — Business Development Program — Non-commercial componentNew Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador
- GrantACOA — Regional Artificial Intelligence Initiative (REGI)New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador