How do I apply for TACC Business Equity Program?

Visit Tale'awtxw Aboriginal Capital Corporation's website for application instructions.

Who administers TACC Business Equity Program?

This program is administered by Tale'awtxw Aboriginal Capital Corporation.

Are there similar programs to TACC Business Equity Program?

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

How can I improve my chances of getting approved for TACC Business Equity Program?

Our detailed breakdown covers step-by-step application instructions, required document checklists, and eligible expense breakdowns so you know exactly what to prepare before applying.

TACC Business Equity Program

Tale'awtxw Aboriginal Capital Corporation

🪶 Indigenous Business Programs🪶 Indigenous-Owned🏪 Small Business📈 Growth📍 Regional

Funding for Indigenous entrepreneurs in Coast Salish

Funding

Up to $250,000

Deadline

Rolling

Status

Rolling Intake

What Is This Program?

Contribution of up to $100,000 for individual business owners and $250,000 for community owned business.

What Benefits Are Offered?

grantadvisory

Non-repayable contributions for eligible capital and business support to start, expand or acquire a viable business. Funding can also be used for business plans, marketing, and other related business support services.

Who Is Eligible?

Business Size: small

Region: Coast Salish territory, Campbell River, Comox, Lil’wat

Demographics: indigenous

Other Criteria: Aboriginal entrepreneurs, Aboriginal clients, viable business plan required, must supplement applicant equity and finance portions of a business opportunity, subject to other financing being in place, 15% minimum cash equity contribution required, open to individuals, open to incorporated businesses, open to community-owned businesses

🏆 Detailed Application Guide

Preview of what's included with full access:

📋What Are the Application Steps & Timeline?

📝Steps to Apply: Determine Eligibility
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🌐Application Portal: https://www.tacc.ca/apply-now/
📤Submission Method: online
🔄Intake Type: rolling

📄What Documents Are Required?

✅Required Documents: Evidence of Aboriginal ancestry (ie. scan or photocopy of Aboriginal ID)
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📎Optional Documents: Business opportunity studies
Market studies
Relevant industry information
📐Format Requirements: PDF only, max 10MB
📥Templates Available: Business Plan Template
✉️Supporting Letters: Letters of support/reference are not explicitly required but may be beneficial.

💰What Expenses Are Eligible?

🧾Eligible Expenses: Developing business plans
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🚫Ineligible Expenses: Community infrastructure unrelated to commercial enterprise
Public office buildings
Recreation and friendship centres
Gaming houses
Public halls
Pawn shops
Payday loan firms
Gaming operations
Production or distribution of alcohol
Production or distribution of tobacco
Production or distribution of sexually exploitive materials
Purchase of land
Buildings
Investment property
📏Expense Caps: Up to 75% for developing business plans, marketing plans, feasibility studies, project-related management, and professional advice; up to 60% for marketing initiatives; up to 50% for establishing a business or acquiring IT, and expanding/acquiring a profitable business.
💳Payment Model: mixed
⏪Retroactive Expenses Eligible: No

🤝Is Matching Funding Required?

🔀Matching Required: Yes
📊Matching Ratio: 15% minimum
🏦Eligible Matching Sources: cash
📚Stacking Rules: Must be combined with commercial financing
🛡️Proof of Matching Required: Evidence that you can contribute a reasonable level of cash equity to the project

📊What Are the Reporting Requirements?

🗓️Reporting Frequency: annual
📑Reporting Requirements: statement of business income from your income tax return
professionally prepared year-end financial statements
business performance review
evidence of insurance
🔍Audit Requirements: professionally prepared year-end financial statements
📢Branding Requirements: acknowledgment of funding from Indigenous and Northern Affairs Canada
🗄️Record Retention Period: 7 years

Improve Your Winning Odds 5x

Everything you need to submit a winning application

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79 businesses unlocked this grant this month

What's included

🛣️Step-by-step application roadmap
📋Complete document checklist
💰Eligible expenses breakdown
🤝Cost-share & matching details
📊Compliance & reporting guide
📄Official program documents
🖨️Print-friendly report

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FAQFrequently Asked Questions

This program is available to small businesses located in Coast Salish territory, Campbell River, Comox, Lil’wat.

This program offers funding up to $250,000.

This program accepts applications on a rolling basis.

What You'll Get

🛣️Step-by-step application roadmap
📋Complete document checklist
💰Eligible expenses breakdown
🤝Cost-share & matching details
📊Compliance & reporting guide
📄Official program documents
🖨️Print-friendly report

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