Listen, Hear Our Voices — Small projects
Highlights
This program is a fantastic opportunity for your business. It offers up to $1,000,000 in financing, with an additional $150,000 available for software or day-to-day operating costs. This funding can be used for a variety of purposes, including operating expenses, restorations, new equipment, and software.
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, providing you with flexible repayment options, including up to 15 years to pay it back. This makes it easier for you to manage your finances and invest in the growth of your business. The application process is straightforward, and program staff are available to assist you with any questions or support you may need.
Financing Details
Type of Financing: Grant
Repayment Terms:
- 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 communities.
Use of Funds:
- Funds can be used for equipment, software, and services directly related to digitization projects.
- Training and capacity-building activities for staff and community members.
Restrictions:
- Funds cannot be used for unrelated administrative costs.
- Funds cannot be used for projects not directly tied to the digitization of Indigenous heritage.
Fees:
- There are no fees associated with this grant program.
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 working towards building skills, knowledge, and resources to support this work within 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 uses include:
- Commercial kitchen appliances
- Manufacturing machinery
- Computers and IT infrastructure
- Renovating a retail space
For other costs like software or working capital, you can get up to $150,000.
The federal government guarantees 85% of the loan, providing a strong safety net for you.
The loan program is flexible. If you've made significant purchases in the last year that fit the program guidelines, you can include them in this loan.
You have multiple options to repay the loan. You can choose a variable interest rate, a fixed one, or a combination of both.
You have up to 15 years to repay the loan, regardless of how you use the funds.
Program Steps
Gather Required Documentation:
- Financial statements
- Business plan
- Proof of business registration
- Quotes for equipment or services
- Any other relevant documents
Complete the Application Form:
- Fill out all required fields accurately.
- Double-check for any errors or missing information.
Submit the Application:
- Send the completed application form and all required documents to the specified address or upload them to the designated online portal.
Contact Program Staff for Support:
- Reach out to program staff if you need advice or have questions about the application process.
Review and Follow Up:
- Monitor your application status.
- Respond promptly to any requests for additional information.
Await Approval:
- Once your application is reviewed, await notification of approval or further instructions.
Receive Funding:
- Upon approval, follow the provided instructions to receive the funding.
Implement the Project:
- Use the funds as outlined in your application.
- Ensure compliance with all program terms and conditions.
Report Progress:
- Submit any required progress reports or documentation as specified by the program.
Complete Final Reporting:
- At the end of the project, provide a final report detailing the outcomes and use of funds.