Listen, Hear Our Voices — Large projects
Highlights
This program is a fantastic opportunity for your business. It offers up to $1,000,000 in financing to help you make essential purchases. Additionally, you can receive $150,000 specifically for software or day-to-day operating costs.
What You Get
- Up to $1,000,000 in financing
- An additional $150,000 for software or operating costs
The funds can be used for:
- Operating expenses
- Restorations
- New equipment
- Software
- And much more
The key difference between this loan and others is that it is backed by the government. You have the flexibility to choose how you pay it back, with up to 15 years to do so. This makes it a more secure and manageable option for your business.
Financing Details
Type of Financing: Grant
Repayment Terms and Interest Rates:
- No repayment required.
- No interest rates apply.
Eligible Expenses:
- Digitizing existing documentary heritage related to Indigenous languages and cultures.
- Building skills, knowledge, and resources for this work within your community.
Ineligible Expenses:
- Funds cannot be used for unrelated business activities.
- Personal expenses are not covered.
- Capital purchases not directly related to the project are excluded.
Fees:
- No application or processing fees.
Qualifications
- Must be a First Nations, Inuit, or Métis government or non-profit organization.
- Must be involved in digitizing existing documentary heritage related to Indigenous languages and cultures.
Must be building the skills, knowledge, and resources to do this work in their communities.
Disqualifications:
- For-profit organizations.
- Non-Indigenous organizations.
Description
This program offers your business a chance to receive up to $1,000,000. You can use up to $500,000 of this amount to buy equipment or improve your rented space.
Eligible expenses include:
- Commercial kitchen appliances
- Manufacturing machinery
- Computers and IT infrastructure
- Renovating a retail space
For other costs like software or operational expenses, you can get up to $150,000.
The federal government guarantees 85% of the loan, providing a significant safety net for your business.
Flexible repayment options are available. If you have made qualifying purchases in the last 365 days, you can include these in your loan.
You have up to 15 years to repay the loan, regardless of what you spend it on.
Program Steps
Gather Required Documentation:
- Business registration details
- Financial statements (last two years)
- Business plan
- Project proposal detailing the digitization work
- Proof of Indigenous governance or non-profit status
Complete the Application Form:
- Fill out all sections of the application form accurately.
- Provide detailed information about your business and the proposed project.
Prepare a Budget:
- Outline the costs associated with the digitization project.
- Include estimates for equipment, software, and training.
Submit the Application:
- Ensure all required fields are completed.
- Attach all necessary documents.
- Submit the application through the specified online portal or via mail, as directed.
Follow Up:
- Contact program staff if you have any questions or need assistance.
- Keep a copy of your application and all submitted documents for your records.
Await Response:
- Monitor your email or postal mail for any communication from the program.
- Be prepared to provide additional information if requested.