This program is designed specifically for Manitoba First Nation individuals or First Nation-based enterprises like yours. It offers a unique opportunity to develop a professional business plan with the help of a consultant. This plan can be crucial in attracting further financing and ensuring your business's success.

Why Apply?

• Non-repayable funding: Receive up to 75% of the costs, to a maximum of $20,000, without the need to pay it back.
• Professional support: Engage a consultant to assist in creating a high-quality business plan.
• Financial leverage: Use the business plan to attract additional financing.

What's in it for You?

• Cost-effective: You only need to cover the first 25% of the costs.
• Expert guidance: Benefit from professional advice and support.
• Increased chances of success: A well-developed business plan can significantly improve your chances of securing further funding.

Qualifying for this program is straightforward, and the benefits can provide a substantial boost to your business. Take advantage of this opportunity to strengthen your business foundation and achieve your goals.

Type of Financing: Non-Repayable Funding

Funding Details:

• Covers up to 75% of the costs, with a maximum of $20,000.
• The client must pay the first 25% of the costs.

Eligible Expenses:

• Professional consultant fees for research and development of a business plan.
• Costs associated with creating a quality business plan to attract financing.

Ineligible Expenses:

• Any costs not related to the development of the business plan.
• Operational expenses, equipment purchases, or any other business-related costs outside the scope of the business plan development.

Fees:

• No fees associated with the program.

• Must be a member of a Manitoba First Nation, living on or off reserve in Manitoba.
• Must be aged 18 and over.
• Must be eligible to work in Canada.
• Must submit an application describing the business for which they wish to develop a business plan.
• Must not have owned a similar business in the past 12 months.
• Must provide the name and qualifications of the proposed consultant.
• Must provide proposed terms of reference and a written proposal, including a quote.

Disqualifications:

• Applicants who have owned a similar business in the past 12 months.

This program supports Manitoba First Nation individuals or First Nation-based enterprises with promising business ideas. If you need financial help to create a professional business plan, this program can assist you.

You can receive up to 75% of the costs, up to a maximum of $20,000. This funding is non-repayable, meaning you don't have to pay it back. You will need to cover the first 25% of the costs.

The money can be used to hire a professional consultant who will help you develop a high-quality business plan. This plan can then be used to attract further financing. This is a great opportunity to get the expert help you need to take your business idea to the next level.

1. Prepare Your Business Concept Summary: Create a detailed summary of your business concept. Include the following:

   • Business overview
   • Industry overview
   • Marketing strategy
   • Management experience
   • Staffing
   • Estimated project costs
   • Financing

2. Select a Professional Consultant: Choose a qualified consultant to assist with your business plan. Ensure they have relevant experience and can provide a comprehensive proposal.

3. Obtain Competitive Quotes: Get three competitive quotes from different consultants. This helps ensure you receive the best value for the services.

4. Prepare Required Documentation: Gather the necessary documents for your application. This includes:

   • Business concept summary
   • Consultant's name and qualifications
   • Consultant's terms of reference
   • Written proposal from the consultant, including a quote

5. Complete the Application Form: Fill out the Business Support Programs Application form. Ensure all sections are completed accurately.

6. Submit Your Application: Send your completed application form and all required documentation to the program administrators.

7. Await Approval: Wait for approval of funding before the consultant begins their assignment. Approval is necessary to ensure funding is secured.

8. Pay Initial Costs: Be prepared to cover the first 25% of the consultant's costs, as the program will fund up to 75% of the costs, to a maximum of $20,000.

Following these steps will help you successfully apply for the program and secure the financial assistance needed to develop a professional business plan.