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New Relationship Trust
Support for Indigenous business development in the cannabis sector
Helps Indigenous cannabis businesses pay for licensing, permits, and capital to start or grow their operations. Provides up to $1 million in funding.
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.
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.
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This program is available to small, medium, large businesses in cannabis industries located in British Columbia.
This program offers funding up to $1,000,000 (minimum $250,000).
Check the official program website for current deadlines.
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