Funding for Small and Medium-Sized Indigenous Businesses, and Aboriginal Financial Institutions | Association of Early Childhood Educators of Alberta

Funding for Small and Medium-Sized Indigenous Businesses, and Aboriginal Financial Institutions

The federal government has announced up to $306.8 million in funding to help small and medium-sized Indigenous businesses, and to support Aboriginal Financial Institutions that offer financing to these businesses.

The funding will allow for short-term, interest-free loans and non-repayable contributions through Aboriginal Financial Institutions, which offer financing and business support services to First Nations, Inuit, and Métis businesses.

These measures will help 6,000 Indigenous-owned businesses get through these difficult times.

Financial support for Indigenous businesses will be provided through Aboriginal Financial Institutions, and administered by the National Aboriginal Capital Corporations Association and the Métis capital corporations in partnership with Indigenous Services Canada.