Imagine unlocking up to $50,000 for your Indigenous women-led business in Northern Ontario. This funding can be a game-changer, giving you the financial support needed to invest in essential equipment, hire staff, or expand your services. Along with direct funding, you'll also gain access to business training and workshops. This training is tailored to enhance your skills while offering networking opportunities with fellow entrepreneurs, helping you connect and grow.

What sets this program apart? There are no payback conditions on grants, so you can focus on building your business without the stress of repayments. Whether you’re just starting or looking to grow, this support will empower you to take bold steps toward your ambitions.

Qualifying for this program is straightforward, with no complicated revenue or employee criteria to meet. If your business aligns with the program, applying could be one of the best decisions you ever make. The resources and funding provided can lead to significant growth and success.

Type of Financing
This program offers grants and capital financing loans for eligible businesses.

Repayment Terms and Interest Rates
If you receive a loan, it typically comes with a repayment term of up to 5 years. The interest rate is generally low, designed to be manageable for business owners like you. Specific rates may vary, but the goal is to keep it affordable.

Eligible Expenses
You can use these funds for a variety of business expenses, including:

• Equipment purchases
• Inventory
• Marketing costs
• Business development expenses
• Training programs

Restrictions on Fund Usage
Please note, the funds cannot be used for personal expenses or debt repayment.

Fees
There are usually no upfront fees associated with this program, making it a straightforward option for your financing needs.

• Business Ownership: Must be owned by Indigenous women.
• Location: Business must be based in Northern Ontario.
• Legal Structure: All legal structures are applicable.
• Profit Structure: All profit structures are applicable.
• Employee Requirements: No minimum or maximum number of employees required.
• Revenue Requirements: No minimum or maximum revenue qualifications.

Disqualifications:

• Businesses not owned by Indigenous women are disqualified.
• Businesses not located in Northern Ontario are disqualified.

You can unlock up to $50,000 in funding for your Indigenous women-led business in Northern Ontario. This money can help you start or grow your business, giving you the financial boost needed to invest in new equipment, hire staff, or expand your offerings.

Along with funding, this program offers business training and workshops. You’ll enhance your skills and connect with other entrepreneurs, which can help you gain valuable insights and build your network. These resources are designed to support your growth and empower your success.

The best part? There are no payback conditions on grants. This means you can focus on your business's future without worrying about repayment, allowing you to take bold steps toward achieving your goals.