First Peoples Economic Growth Fund - Aftercare Program
Highlights
This program is designed specifically for businesses like yours that have already received assistance from another FPEGF program. It offers up to 75% funding for professional consulting services, with a maximum of $20,000. This funding is non-repayable, meaning you won't have to pay it back, making it a valuable resource for improving your business operations.
Why Apply?
- Professional Support: Engage a qualified consultant to identify and address critical areas in your business.
- Financial Relief: Up to 75% of consulting costs covered, reducing your financial burden.
- Non-Repayable Funding: No need to worry about repayment, allowing you to focus on growth.
What's in it for You?
- Enhanced Business Operations: Expert advice to streamline and improve your business.
- Cost Efficiency: Significant financial support without the stress of repayment.
- Easy Qualification: If your business has already benefited from an FPEGF program, you are likely to qualify.
Applying for this program can provide the professional support you need to take your business to the next level.
Financing Details
Type of Financing:
- Non-Repayable Grant: This program offers a non-repayable grant covering up to 75% of the costs, with a maximum of $20,000.
Repayment Terms and Interest Rates:
- Non-Repayable: There are no repayment terms or interest rates as the funding is a grant.
Eligible Expenses:
- Professional Consultant Services: The grant can be used to hire a professional consultant to examine the business operations and identify areas needing special attention.
Ineligible Expenses:
- Financial Statements: The grant cannot be used for the development of interim or annual financial statements.
Fees:
- No Fees: There are no fees associated with this program.
Qualifications
- Must be a new business.
- Must have obtained assistance under another FPEGF program.
- Must engage the services of a professional consultant.
- Must provide the name and qualifications of the proposed consultant.
- Must provide proposed terms of reference.
- Must provide a quote for the consultant's services.
Must obtain approval of funding before the consultant starts the assignment.
Disqualifications:
- Funding cannot be used for the development of interim or annual financial statements.
Description
This program offers your business professional support to boost your chances of success. If you've already received help from another FPEGF program, this could be a great next step.
You can get up to 75% of the costs covered, up to a maximum of $20,000. This money can be used to hire a professional consultant to review your business operations and pinpoint areas that need special attention. The funding is non-repayable and must be used within two years.
To apply, you need to provide the name and qualifications of the consultant, along with their proposed terms of reference and a quote. It's recommended to get three competitive quotes. Approval of funding is required before the consultant starts their work.
Program Steps
Download the Application Form: Obtain the Business Support Programs Application in either PDF or Word format from the provided links.
Prepare Documentation: Gather the following documents:
- Name and qualifications of the proposed consultant.
- Proposed terms of reference.
- A quote from the consultant.
- Three competitive quotes for comparison.
Complete the Application Form: Fill out all required sections of the application form with accurate and detailed information about your business and the proposed consultant services.
Submit the Application: Send the completed application form along with all required documentation to the appropriate contact provided by the program.
Await Approval: Wait for approval from the program administrators. Ensure the consultant does not commence the assignment until approval is granted.
Engage the Consultant: Once approval is received, engage the consultant to begin the assignment as per the agreed terms and conditions.
Utilize Funding: Use the approved funding within the two-year timeframe to cover up to 75% of the consultant costs, up to a maximum of $20,000.
