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New Relationship Trust
Support for Indigenous business development in the cannabis sector
Gives First Nations communities and Indigenous entrepreneurs money to create workshops about the cannabis industry. Covers up to $12,000 for planning and information sessions.
The BC Indigenous Cannabis Business Fund provides non-repayable contributions to support Indigenous-led participation across the regulated cannabis value chain, from production and distribution to retail and ancillary services. It aims to advance Indigenous business development, create employment, and increase representation in the industry. The program offers two streams: Stream 1 (Community Planning and Engagement) provides up to $12,000 for workshops on cannabis laws and business opportunities (on-reserve only). Stream 2 (Business Planning, Design, and Capital) offers $250,000 to $1,000,000 for feasibility studies, business planning, licensing, design costs, capital contributions for start-up/expansion/transition, and training. Funding caps within Stream 2 include up to 75% for business planning, 75% for training/advisory, and 40% for eligible capital costs. The Cannabis Navigator Service provides one-on-one guidance, regulatory support, and connections to resources.
Business Size: small, medium
Industries: cannabis
Region: British Columbia
Demographics: Indigenous, First Nation, Métis, Inuit
Other Criteria: B.C. First Nation governments, businesses, and economic development corporations, B.C. Tribal Councils, B.C. Indigenous Corporations, partnerships, associations, co-operatives, and institutions, B.C. Indigenous (First Nation, Métis, Inuit) entrepreneurs and businesses, Minimum 51% Indigenous ownership of the business, Provide proof of community engagement and First Nation government support (for on-reserve projects), 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), Pursuing opportunities in the federally and provincially regulated cannabis sector
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This program is available to small, medium businesses in cannabis industries located in British Columbia.
This program offers funding up to $1,000,000 (minimum $12,000).
Check the official program website for current deadlines.
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