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Native Commercial Credit Corporation
Funds for First Nations entrepreneurs in Quebec
Helps Indigenous entrepreneurs start or grow their businesses. Covers costs for things like marketing, project management, and business plans, up to $99,999.
Non-repayable financial contributions for private projects (individuals) to support business startup, acquisition, or expansion. Funding covers eligible costs such as preliminary studies (up to 75%), fixed assets (up to 40%), marketing activities (up to 60%), and management support (up to 75%). The program also offers personalized guidance and expertise to Indigenous entrepreneurs.
Business Size: small
Region: First Nations Anishinaabe, Atikamekw, Eeyou (Cree), Mi’gmaq, W8banaki, Wendat, Wolastoqiyik, Native Alliance of Quebec
Demographics: indigenous
Other Criteria: majority owned by a First Nation or the Native Alliance of Quebec or one or several members of a First Nation or the Native Alliance of Quebec, have 10% to 25% of project cost in financial resources, present a viable/profitable business project, have a good credit rating, have experience and training in the field of activities, mandatory full-time involvement in the business (no passive investment), no negative impact on competition, non-repayable contribution is last resort funding (all complementary sources considered, borrowing capacity at maximum, down payment at maximum)
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This program is available to small businesses located in First Nations Anishinaabe, Atikamekw, Eeyou (Cree), Mi’gmaq, W8banaki, Wendat, Wolastoqiyik, Native Alliance of Quebec.
This program offers funding up to $99,999.
This program is ongoing with no fixed deadline.
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