Repayable Contribution
Joint Venture Program
Financing is available for up to the lesser of $1,000,000 or 50% of the fair market value of the total project costs (including identified startup costs and working capital). Minimum funding under this program will be $200,000. Projects funded under this program must be for-profit and commercially viable with total project costs in excess of $500,000. Priority will be given, but not restricted, to higher-end value-added projects.
- 4.5/5.0
- First Peoples Economic Growth Fund Inc.
- All levels
- Last updated 3 years ago
- English
Description
Financing is available for up to the lesser of $1,000,000 or 50% of the fair market value of the total project costs (including identified startup costs and working capital). Minimum funding under this program will be $200,000. Projects funded under this program must be for-profit and commercially viable with total project costs in excess of $500,000. Priority will be given, but not restricted, to higher-end value-added projects.- To provide support for large-scale First Nations enterprises, which, in the opinion of the Fund, have a business concept that, through initial screening, provides excellent opportunity.