First Peoples Economic Growth Fund — Business Plan Assistance ### 📋 Eligible Entities - Indigenous entrepreneurs and business owners (First Nations, Métis, and Inuit individuals) - Indigenous-owned businesses and enterprises - Indigenous cooperatives and social enterprises - Applicants must be Aboriginal peoples as defined by the Canadian Constitution - Sole proprietors, partnerships, and incorporated businesses eligible - Must be Canadian residents with demonstrated Indigenous heritage or community recognition ### 💰 Funding Details - Maximum Grant Amount: $20,000 - Cost Coverage: Up to 75% of eligible consultant fees - Applicant Responsibility: Minimum 25% cost-sharing required (out-of-pocket contribution) - Repayability: Non-repayable grant (not a loan) - Funding Structure: Direct reimbursement based on invoices and receipts from hired consultant - No matching funds requirement beyond the 25% personal contribution ### 🛠️ Approved Expenses - Professional consultant fees for business plan development - Market research and feasibility analysis - Financial projections and forecasting - Competitive analysis and industry assessment - Business model development and refinement - Strategic planning and go-to-market strategy - Document preparation for financing applications - Consultant hourly rates, project fees, and related professional services ### ⚠️ Conditions & Milestones - Consultant must be a qualified, third-party professional (not a friend, family member, or internal staff) - Business plan must be completed and delivered to the applicant - Applicant must provide proof of 25% cost contribution upfront or concurrently - All invoices and receipts from the consultant must be submitted for reimbursement - Grant funds disbursed only after consultant work is verified and completed - Applicant responsible for selecting and contracting the consultant - Business plan must be suitable for attracting external financing - Application must include evidence of Indigenous status and business concept overview - Timeline typically allows 6-12 months for consultant engagement and plan completion - Funding contingent on approved business plan meeting program quality standards