First Peoples Economic Growth Fund — Joint Venture Program

💡What Is This Program?

🎁What Benefits Are Offered?

Financing through various options (common shares, preferred shares, convertible debentures, term loans, mortgages, units in a limited partnership or joint venture) for large-scale, commercially viable First Nations enterprises, up to the lesser of $1,000,000 or 50% of total project costs.

📋What Are the Application Steps & Timeline?

📝Steps to ApplySource

• Complete the application form in full
• Attach required documentation
• Submit the application to FPEGF

🌐Application PortalSource

www.firstpeoplesfund.ca

📤Submission MethodSource

mail

🔄Intake TypeSource

rolling

📄What Documents Are Required?

✅Required DocumentsSource

• Completed application form
• Copy of Status card (if applicable)
• Detailed Business Plan including Cash Flow, Income/Expense and Balance Sheet Projections
• Proof of at least 10% cash equity of estimated total project costs (e.g. copy of bank statement)

📎Optional DocumentsSource

• Previous financial statements (if applicable)
• Existing or proposed legal agreements between owners (if more than one owner)

📐Format Requirements

PDF only, max 10MB

📥Templates AvailableSource

• Business Plan Assistance

✉️Supporting LettersSource

Terms of Reference or Proposal from the consultant outlining deliverables, timeframe, cost quote, hourly rate and methodology.

💰What Expenses Are Eligible?

🧾Eligible ExpensesSource

• Project Costs
• Land
• Buildings
• Equipment
• Vehicles
• Inventory
• Operating Costs
• Licenses/Fees

📏Expense CapsSource

Cost Recovery Fee of 1% of the approved financing

💳Payment ModelSource

mixed

⏪Retroactive Expenses EligibleSource

No

🤝Is Matching Funding Required?

🔀Matching RequiredSource

Yes

📊Matching RatioSource

10% minimum

🏦Eligible Matching SourcesSource

• cash
• in-kind

📚Stacking RulesSource

Yes, can combine with other government funding

🛡️Proof of Matching RequiredSource

copy of your bank statement

📊What Are the Reporting Requirements?

🗓️Reporting FrequencySource

annual

📑Reporting RequirementsSource

• reports for distribution to the Government of Manitoba

🔍Audit RequirementsSource

FPEGF will make every reasonable effort to comply with industry standards and applicable federal and provincial laws.

📢Branding RequirementsSource

The Applicant hereby grants FPEGF the right to make public announcements related to the funding granted.

🗄️Record Retention PeriodSource

FPEGF will retain your information only as long as it is legally or reasonably required.