Business Link — Indigenous Services
Highlights
This program is designed for business owners like you. It offers a unique opportunity to secure financing that can help you grow and improve your business. You can receive up to $1,000,000 in financing, with an additional $150,000 available for software or day-to-day operating costs.
What You Get
- Up to $1,000,000 in financing
- $150,000 for software or operating costs
How You Can Use the Funds
- Operating expenses
- Restorations
- New equipment
- Software
- And much more
The key advantage of this program is that it is backed by the government, offering you flexible repayment options with up to 15 years to pay it back. This makes it more manageable compared to other loans. Approval is straightforward, making it easier for you to qualify and get the support you need to take your business to the next level.
Financing Details
Type of Financing: Grant
Eligible Expenses:
- Technology adoption costs
- Digital marketing expenses
- E-commerce platform development
- Training for digital tools and platforms
- Cybersecurity improvements
Use of Funds:
- Funds can be used to cover costs directly related to digital transformation.
- Funds cannot be used for general operational expenses, debt repayment, or non-digital related projects.
Fees:
- No application fees.
- No administrative fees.
Qualifications
- Must be an Indigenous entrepreneur or business.
- Must be able to participate in an online session via Zoom.
- Must have access to a tablet, laptop, or desktop computer.
- Must be able to use audio during the session.
Video capability is optional but recommended for the best experience.
Disqualifications:
- Businesses that cannot participate in an online session.
- Businesses without access to necessary technology (tablet, laptop, or desktop computer).
- Businesses unable to use audio during the session.
Description
This program offers your business a chance to receive up to $50,000. You can use this money to improve your digital presence, such as building a new website, setting up an online store, or enhancing your social media marketing.
You can use the funds for:
- Website development
- E-commerce setup
- Digital marketing campaigns
- Software and tools for online operations
The money is a grant, so you do not need to pay it back. This means you can invest in your business without worrying about future repayments.
This program is designed to help your business grow in the digital economy. By improving your online presence, you can reach more customers and increase your sales. This is a great opportunity to modernize your business and stay competitive.
Program Steps
Register for the Program:
- Visit the program's official website.
- Find the registration link for the session.
- Complete the registration form with your business details.
Prepare Necessary Documentation:
- Business Model Canvas (BMC) if already created.
- Current business plan.
- Financial statements.
- Any previous market research.
- Identification documents for business owners.
Gather Required Technology:
- Ensure you have a tablet, laptop, or desktop computer.
- Check that your device has audio capabilities.
- Optional: Ensure your device has video capabilities for a better interactive experience.
Attend the Interactive Workshop:
- Join the session via the provided Zoom link.
- Participate actively using your audio (and video if desired).
- Utilize the handouts and worksheets provided during the session.
Follow Up with Business Link Strategists:
- Schedule a follow-up session with a Business Link Strategist.
- Discuss your Business Model Canvas or other planning resources.
- Seek additional support and advice tailored to your business needs.
