What industries are eligible for Indigenous Cannabis Business Fund — Business Planning, Design, and Capital?

Eligible industries include: cannabis.

Are there similar programs to Indigenous Cannabis Business Fund — Business Planning, Design, and Capital?

Yes! Canada Grants Database has similar programs in the Indigenous Business Programs category. Browse our database to find more options that match your needs.

Indigenous Cannabis Business Fund — Business Planning, Design, and Capital

New Relationship Trust

🪶 Indigenous Business Programs🪶 Indigenous-Owned🏪 Small Business🌱 Early-Stage📈 Growth🍁 National

Support for Indigenous business development in the cannabis sector

Funding

$250,000 - $1,000,000

Deadline

See website

Status

Accepting Applications

What Is This Program?

Get up to $1 million in funding to cover the cost of licensing and permitting as well as make capital available to support the launch or expansion of businesses in the cannabis industry.

What Benefits Are Offered?

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Non-repayable contributions for business planning, design, and capital investments within the regulated cannabis sector. Supports feasibility studies, business planning, advisory services, licensing, permitting, design costs, capital contributions for start-up, expansion, or transition to regulation, and business-related training. Funding caps apply: up to 75% of business planning costs, up to 75% of training and advisory services, and up to 40% of eligible capital costs. The program aims to advance Indigenous business development, create employment, increase Indigenous representation, promote health and safety, and assist with regulatory navigation.

Who Is Eligible?

Business Size: small, medium, large

Industries: cannabis

Region: British Columbia

Demographics: indigenous, women-owned

Other Criteria: Minimum 51% Indigenous ownership of the business, Have financial capacity to contribute 25% to 60% of project costs through cash equity or financing, Must cease unregulated cannabis operations before funding disbursement (if applicable), For on-reserve projects, provide proof of community engagement and First Nation government support, Operating or intending to operate within the federally and provincially regulated cannabis sector, Can include First Nation governments, businesses, economic development corporations, Tribal Councils, Indigenous Corporations, partnerships, associations, co-operatives, institutions, and Indigenous (First Nation, Métis, Inuit) entrepreneurs.