Aboriginal Business Investment Fund

📋 Eligible Entities - Indigenous-owned businesses with demonstrated community ownership - Indigenous community organizations focused on economic development - First Nations, Inuit, and Métis enterprises operating in Canada - Organizations must have clear Indigenous governance and decision-making structures - Both for-profit and non-profit Indigenous entities may qualify - Applicants must demonstrate community benefit and long-term viability commitment ### 💰 Funding Details - Grant Amount: $150,000 to $750,000 per project - Repayability: Non-repayable grant (funding does not require repayment) - Matching Requirements: Check with administering body for co-investment expectations - Single or Multiple Awards: Typically one award per eligible organization per funding cycle - Funds Disbursement: Staged payments tied to project milestones and deliverables ### 🛠️ Approved Expenses - Economic development project costs directly tied to long-term community viability - Infrastructure development and facility improvements - Equipment and technology acquisition - Business planning and feasibility studies - Workforce training and skill development programs - Market research and business development activities - Professional services (consulting, legal, accounting related to project) - Working capital for project implementation ### ⚠️ Conditions & Milestones - Community Ownership Requirement: Must demonstrate Indigenous community ownership or control - Long-Term Viability: Project must show sustainable, lasting economic benefit to the Indigenous community - Project Timeline: Must establish clear milestones and completion deadlines - Reporting Obligations: Regular progress reports and financial documentation required - Performance Metrics: Measurable outcomes tied to community economic development goals - Governance: Decisions subject to Indigenous community governance processes - Eligible Geographic Area: Projects must benefit Indigenous communities across Canada - Funding Conditions: Compliance with grant agreement terms and eligible use of funds mandatory