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Financing Programs:
- NEW PROGRAM - Resource & Energy Investment Program (REIP)
The REIP is intended to provide debt or equity financing to large-scale businesses in either the Energy or Resource sectors of the Manitoba economy. All investment will be made in Manitoba to enhance the ownership and participation of First Nations or First Nation entrepreneurs in those businesses that show high potential for viability. Applicants must present a sound business plan.
- Joint Venture Program
This program is intended to provide support for large-scale First Nations enterprises, which, in the opinion of the Fund, have a business concept that, through initial screening, provides excellent opportunity.
- Entrepreneur Loan Program
This program is intended to assist First Nation entrepreneurs by providing capital and/or working capital through subordinated interest-free loans to act as equity that will enhance the applicant’s ability to leverage financing from other institutions and agencies.
- Community Economic Expansion Program
This Program is intended to assist First Nation community-owned business development associations and corporations leverage capital to develop businesses that will result in the creation of wealth and jobs for First Nations.
Support Programs:
- Business Plan Assistance
This program is intended to provide support to Manitoba First Nation individuals or First Nation-based enterprises which, in the opinion of the Fund, have a business concept that, through initial screening, provides excellent opportunity but demonstrates a need for financial assistance with a professional business plan in order to attract financing for the business.
This program allows the applicant to engage the services of a professional consultant to assist in the research and development of a quality business plan that will be used to attract financing.
Applicants should also attach a business concept summary. The business concept summary should include but not be limited to: business overview, industry overview, marketing strategy, management experience, staffing, estimated project costs and financing.
- Professional Support Services (Aftercare Program)
This program is intended to provide professional support to new businesses that have obtained assistance under another Fund program in order to help improve the opportunity for success.
- Skills Development Program
This program supports rapid business readiness training for new and existing First Nations entrepreneurs to develop their management and marketing skills.
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