The Government of Canada will provide up to $306.8 million in short-term, interest-free loans and non-repayable contributions for First Nations businesses.
Financial support will be provided through aboriginal financial institutions and administered by the National Aboriginal Capital Corporations Association, as well as the Métis Capital Corporations in partnership with Indigenous Services Canada.
Up to $40,000 will be available to small and medium-sized Indigenous businesses:
- an interest-free loan up to $30,000
- a non-repayable contribution up to $10,000
For more information, go to https://www.sac-isc.gc.ca/eng/1588079295625/1588079326171