First Peoples Economic Growth Fund – Skills Development Program
Highlights
This program is designed specifically for First Nations entrepreneurs like you. It offers up to 75% funding for approved training costs, including tuition, workshop fees, and books. This means you can enhance your management and marketing skills without bearing the full financial burden.
Why should you apply?
- Significant financial support: Covering most of your training expenses.
- Focused training: Only direct course costs are funded, ensuring the money goes where it matters most.
- Tailored for business growth: The training is specific to business management, helping you develop essential skills.
What’s in it for you?
- Improved skills: Gain valuable knowledge to better manage and market your business.
- Enhanced business readiness: Be prepared to tackle challenges and seize opportunities.
- Qualified trainers: Learn from approved experts to ensure high-quality training.
Qualifying is straightforward, and the benefits to your business are substantial. This program can be a game-changer for your growth and success.
Financing Details
Type of Financing: Grant
Repayment Terms and Interest Rates:
- No repayment required.
- No interest rates apply.
Eligible Expenses:
- Direct course costs such as tuition, workshop fees, and books.
Ineligible Expenses:
- Living expenses.
- Acquisition of a degree or certificate.
Fees:
- No fees associated with the program.
Qualifications
- Must be a First Nations entrepreneur.
- Must be seeking to develop management and marketing skills.
- Must submit an application including:
- Purpose of the course.
- Course outline.
- Detailed budget.
- Must have approached other First Nation educational funding agencies prior to applying.
- Training must be through qualified trainers or organizations approved by the Fund.
- Training must be specific to business management.
On-the-job training may qualify if it fits the needs of the entrepreneur or manager of a First Nation-owned business.
Disqualifications:
- Training intended for the acquisition of a degree or certificate.
- Training unrelated to the development of management and marketing skills.
- Living expenses are not covered.
Description
This program helps you get the training you need to improve your business management and marketing skills. You can receive funding for up to 75% of the approved costs. This includes direct course costs like tuition, workshop fees, and books. However, living expenses are not covered.
The program is designed to support your growth as a First Nations entrepreneur. It focuses on rapid business readiness training. This means you can quickly gain the skills you need to manage and market your business effectively. The training must be through qualified trainers or organizations approved by the Fund.
This is a great opportunity to invest in your business skills without worrying about the full cost. By participating, you can enhance your ability to lead and grow your business, making it more competitive and successful.
Program Steps
Download the Application Form: Obtain the Business Support Programs Application in either PDF or Word format from the official website.
Complete the Application Form: Fill out the application form with accurate and detailed information about your business and the training you seek.
Prepare Documentation: Gather the following documents to support your application:
- Purpose of the course
- Course outline
- Detailed budget
- Proof of having approached other First Nation educational funding agencies
- Information about the qualified trainers or organizations approved by the Fund
Develop a Detailed Budget: Create a detailed budget that outlines the costs associated with the training, including tuition, workshop fees, and books. Ensure that living expenses are not included.
Submit the Application: Send the completed application form and all required documentation to the appropriate address or email provided by the program.
Follow Up: After submission, follow up with the program administrators to confirm receipt of your application and to check on the status.
Await Approval: Wait for the program administrators to review your application. They may contact you for additional information or clarification.
Receive Funding: If approved, you will receive funding for up to 75% of the approved costs. Use these funds exclusively for direct course costs as outlined in your application.