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TACC New Relationship Trust (NRT) Entrepreneur Equity Match Grant

Up to $5,000
Type
Application Difficulty
EASY
Time To Complete4 weeksProgram Budgetno cap
See If You Qualify

Highlights

This program offers you up to $5,000 in equity-matching funds aimed at helping you establish, modernize, or expand your business within the traditional Coast Salish territory. Whether you need to invest in new equipment, update your facilities, or enhance your services, the flexibility of these funds allows you to make decisions that best fit your business needs.

One of the best parts? This funding is not a loan, so you won’t have to worry about repayments. That means more resources directed toward growing your business and making a positive impact in your community. With no strict revenue or employee requirements, the focus can remain on what truly matters: your business’s growth and innovation.

Don’t miss out on this chance to elevate your venture. Applying for this program can provide you with the financial support needed to take your entrepreneurial journey to the next level, all while simplifying the funding process.

Financing Details

Type of Financing

This program offers equity-matching funds of up to $5,000. This means that for every dollar you invest into your business, you can receive a dollar from the program, up to that maximum amount.

Repayment and Fees

There is no repayment required for the funds provided through this initiative. There are also no interest rates or fees associated with this funding. It’s designed to support you without the burden of repayment.

Eligible and Ineligible Expenses

You can use the funds for a range of business-related expenses. These include costs to establish, modernize, or expand your business operations. However, the funding cannot be used for personal expenses or costs unrelated to your business development.

Qualifications

  • Location: Business must operate within the traditional Coast Salish territory in British Columbia.
  • Ownership: Business must be owned by Indigenous people.
  • Employee Count: No minimum or maximum number of employees required.
  • Company Revenue: No minimum or maximum revenue qualifications necessary.
  • Legal Structure: All legal structures are eligible.
  • Profit Structure: All profit structures are applicable.

Disqualifications: None mentioned.

Description

This program offers up to $5,000 in equity-matching funds specifically for you as a BC First Nation entrepreneur. This funding is designed to help you establish, modernize, or expand your business in the traditional Coast Salish territory. It's a great opportunity to enhance your business and make a lasting impact in your community.

The funds you receive can be used in various ways. Whether you need to invest in new equipment, update your facilities, or take your services to the next level, this money is flexible to fit your needs. There are no strict revenue or employee requirements, allowing you to focus on what matters: growing your business without overwhelming conditions.

Best of all, this grant is not a loan, so you won’t have to worry about repayments. This means more resources to fuel your business’s growth and innovation. If you’re ready to take your venture to new heights, this program is an ideal match for your aspirations.

Program Steps

  1. Gather Information
    Review the program details to understand how it can benefit your business.

  2. Prepare Necessary Documentation
    Collect the following documents to complete your application:

    • Proof of business ownership (e.g., registration documents)
    • A brief business plan outlining how you will use the funds
    • Financial statements (if available)
    • Identification documents (e.g., a government-issued ID)
    • Any other relevant documents supporting your application
  3. Complete the Application Form
    Fill out the application form accurately, providing all requested details.

  4. Submit Your Application
    Send your completed application and documentation to the program's designated submission point.

  5. Follow Up
    Check in with the program administrators after submission to confirm receipt and inquire about the timeline for decisions.

  6. Prepare for Funding
    Once approved, make plans for how you will utilize the funds effectively for your business growth.

Visit Program Website